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Ubique Minerals Commences Drilling, Also Announces Results of Annual Meeting of Shareholders and Private Placement Closing
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About this update from Ubique Minerals Ltd.
[{"type":"text","content":"Ubique Minerals Commences Drilling, Also Announces Results of Annual Meeting of Shareholders and Private Placement ClosingThis news release is not for distribution or dissemination in the Unites States of AmericaTORONTO, ON, ACCESSWIRE / November 10, 2020 / Ubique Minerals Limited (\"Ubique\")(CSE:UBQ) is pleased to announce that its shareholders approved all resolutions at its annual meeting of shareholders held on Thursday, October 28th, 2020. The company has closed its previously announced flow through private placement for proceeds of $56,000. Diamond drilling has started at the Daniel's Harbour Property in Newfoundland and soil sampling was undertaken in an area where previous sampling identified an open-ended zinc soil anomaly.Gerald Harper, Ubique's CEO, said \"we are eager to start drilling at Daniel's Harbour to further capitalize on our prior success. Our past producing zinc project is favourably situated geographically and commodity wise. Weather allowing, we believe we and our shareholders have a compelling opportunity to succeed\"The resolutions approved at the Meeting were as follows:The resolution to receive the audited financial statements of the Corporation for the periods ending July 31, 2019 and July 31, 2020.The resolution to fix the number of directors of the Corporation to be elected at the Meeting at five (5).The resolution to appoint the five (5) 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. The nominated directors received the following votes for their election:NomineeVotes forPercentvotes withheldPercentGerald Harper25,050,862100.0000.00David Lonsdale25,050,862100.0000.00Gaurav Singh25,050,862100.0000.00Peter Wanner25,050,862100.0000.00Mark Wettreich25,050,862100.0000.00 The resolution to appoint Dale Matheson Carr-Hilton Labone LLP as the Corporation's auditors.The resolution to re-approve the Corporation's stock option plan.Shareholders present at the meeting or represented by proxy aggregated 25,673,046, being 56.53% 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 BoardDavid LonsdaleChief Executive OfficerGerald HarperSecreta...