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Steppe Gold Announces Results of Annual Meeting of Shareholders
TORONTO, June 28, 2019 (GLOBE NEWSWIRE) -- Steppe Gold Limited (TSX: STGO) (the “Company” or “Steppe Gold”) is pleased to report the results of 2019 Annual Meet
About this update from Steppe Gold Ltd.
[{"type":"text","content":" TORONTO, June 28, 2019 (GLOBE NEWSWIRE) -- Steppe Gold Limited (TSX: STGO) (the “Company” or “Steppe Gold”) is pleased to report the results of 2019 Annual Meeting of Shareholders held on June 28, 2019 in Ulaanbaatar, Mongolia. Election of Directors Detailed results from the election of directors are set out below: Nominee Votes For % For Votes Withheld % Withheld Zamba Batjargal 23,586,480 99.98% 5,000 0.02% Lewis Marks 9,487,890 40.22% 14,103,590 59.78% Patrick Michaels 23,591,480 100% 0 0% Bataa Tumur-Ochir 23,586,480 99.98% 5,000 0.02% Aneel Waraich 18,101,280 76.73% 5,490,200 23.27% Matthew Wood 18,101,280 76.73% 5,490,200 23.27% Sheldon Vanderkooy 23,591,480 100% 0 0% Complete voting results are available on SEDAR at www.sedar.com. Appointment of Auditors MNP LLP, Chartered Professional Accountants, were reappointed to serve as the independent auditors of the Company for the ensuing year. ABOUT STEPPE GOLD LTD. Steppe Gold is a precious metals development company with an aggressive growth strategy to build Steppe Gold into the premier precious metals company in Mongolia. The Company owns 100% of the advanced staged Altan Tsaagan Ovoo Gold Project where a heap leach development is currently being completed. The second development phase of the ATO Project is the construction of an approximate 150,000oz per annum CIL operation and this is currently subject to the completion of a feasibility study. The Company is also working on the completion of a new resource for the ATO project which will include the new high grade Mungu Discovery. Cautionary Note Regarding Forward-Looking Statements: The above contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release include, among other things, statements regarding the trading of the Common Shares and business, economic, and political conditions in Mongolia. Although we believe the expectations reflected in our forward-l...