Business
Ubique Minerals Announces Results of Annual Meeting of Shareholders
TORONTO, ON / ACCESSWIRE / August 13 , 2019 / Ubique Minerals Limited ("Ubique")(CSE:UBQ...
About this update from Ubique Minerals Ltd.
[{"type":"text","content":"Ubique Minerals Announces Results of Annual Meeting of ShareholdersTORONTO, ON / ACCESSWIRE / August 13 , 2019 / Ubique Minerals Limited (\"Ubique\")(CSE:UBQ) is pleased to announce that its shareholders approved all resolutions at its annual meeting of shareholders held on Friday July 26th, 2019. The resolutions approved at the Meeting were as follows:The resolution to receive the audited financial statements of the Corporation for the period ending July 31, 2018 was approved.The resolution to fix the number of directors of the Corporation to be elected at the Meeting at seven (7) directors was approved.The resolution to appoint the seven (7) nominees as directors of the Corporation to serve until the next annual meeting of shareholders of the Corporation, or until their successors are elected or appointed, was passed by way of ballot and each of the directors received the following votes for their election:NomineeVotes forPercentvotes withheldPercent Roland CrossleyGerald HarperDavid LonsdaleLarry QuinlanGaurav SinghPeter WannerMark Wettreich23,690,69723,690,69723,690,69723,690,69723,690,69723,690,69723,690,69799.99999.99999.99999.99999.99999.99999.99966666660.0010.0010.0010.0010.0010.0010.001The resolution to appoint Dale Matheson Carr-Hilton Labone LLP as the Corporation’s auditors was approved and the resolution to re-approve the Corporation’s stock option plan was approved.Shareholders present at the meeting or represented by proxy aggregated 23, 690,703, being 54.26% of all the shareholders at the record date for the meeting.At a Board meeting held shortly after the Annual Meeting of the Corporation the Board approved the appointment of officers as follows:Chair of the BoardChief Executive OfficerSecretary and chief Financial OfficerDavid LonsdaleGerald HarperGaurav SinghThe Board also confirmed appointments to the Board Committees.Ubique has announced a private placement (press release dated July 17, 2019) comprising up to 1,250,000 Hard-Dollar Units (“HDU”) each priced at $0.075 per Unit and 1,250,000 Flow-Through Units (“FTU”) each priced at $0.085 per Unit. Each HDU comprises one share with one warrant attached with the warrant providing the right to buy one share at a price of $0.10 for a period of 24 months from the date of closing of this financing by Ubique. Each FTU compr...