Business
CMC Metals Announces Results of its Annual General Meeting and Welcomes Kristian Whitehead, P. Geo to the Board of Directors
VANCOUVER, BC / ACCESSWIRE / March 20, 2023 / CMC Metals Ltd. (TSXV:CMB)(Frankfurt:ZM5P)(OTCQB:CM...
About this update from Walker Lane Resources Ltd.
[{"type":"text","content":"CMC Metals Announces Results of its Annual General Meeting and Welcomes Kristian Whitehead, P. Geo to the Board of DirectorsVANCOUVER, BC / ACCESSWIRE / March 20, 2023 / CMC Metals Ltd. (TSXV:CMB)(Frankfurt:ZM5P)(OTCQB:CMCXF) (\"CMC\" or the \"Company\") is pleased to announce the results of its 2022 Annual General Meeting (\"AGM\") of shareholders held in person and virtually on Wednesday, December 15th, 2023.Shareholders approved all the resolutions detailed in the management information circular of the Company (the \"Circular\"), namely:Electing all the nominees to the Board of Directors of the Company.Appointing Crowe Mackay LLP as auditor of the Company for the ensuing year and authorizing the directors to determine the auditor's compensation.Approving the Incentive Stock Option Plan for the Company.A total of 21,732,831 common shares of the Company were voted by 46 shareholders at the AGM, representing approximately 15.76% of the issued and outstanding common shares of the Company, with the following results:RESOLUTIONVOTESFORVOTESAGAINSTVOTESWITHHELDTo Set the number of Directors at Six99.98%0.02%0.00Kevin Brewer as Director99.70%0.00%0.30%Graham Chisholm as Director62.13%0.00%37.87%John Bossio as Director99.94%0.00%0.06%Robert Wheeler as Director62.14%0.00%37.86%Douglas Coleman99.97%0.00%0.03%Kristian Whitehead as Director99.99%0.00%0.01%Appointment of Auditors99.14%0.00%0.86%Incentive Stock Option Plan99.56%0.44%0.00%Other Business71.36%28.64%%0.00%Mr. John Bossio, Chairman noted \"CMC Metals is in a strong financial position. Looking back at 2022 we have accomplished a lot and the advancement of our property portfolio is exceeding our expectations. The addition of Mr. Kristian Whitehead, a highly experienced geologist in Yukon and British Columbia and who created and operated his own exploration drilling company. He has already proven to be an asset to our company since he joined us initially as a Geological Advisor and we are looking forward to his contribution in helping us enhance shareholder value in these challenging market conditions. We are looking at a range of growth opportunities for 2023. And of course, we are especially excited about the potential of such properties as Silverknife in the Rancheria Silver District where plans to conduct a 3,000-meter program this summer are well underway.\"About CMC Metals L...