Business
Western Copper and Gold Announces AGM Results
VANCOUVER, BC--(Marketwired - June 20, 2017) - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE MKT: WRN) is pleased to announc
About this update from Western Copper And Gold Corporation
[{"type":"text","content":"VANCOUVER, BC--(Marketwired - June 20, 2017) - Western Copper and Gold Corporation (\"Western\" or the \"Company\") (TSX: WRN) (NYSE MKT: WRN) is pleased to announce the voting results from the Company's Annual General Meeting (\"AGM\") held in Vancouver, British Columbia on June 20, 2017. ANNUAL GENERAL MEETING A total of 38,943,930 common shares were represented at the AGM, representing 40.95% of the votes attached to all outstanding common shares as at the record date. All of the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and information circular, both dated May 4, 2017, were approved by the requisite majority of votes cast at the AGM. Shareholders voted in favour of setting the number of directors at five (5) and elected all incumbent directors. The details of the voting results for the election are set out below: Director Votes For % For Votes Withheld % Withheld Dale Corman 27,674,801 99.70% 83,847 0.30% Robert Gayton 27,701,356 99.79% 57,292 0.21% Archie Lang 27,642,010 99.58% 116,638 0.42% David Williams 27,655,042 99.63% 103,606 0.37% Klaus Zeitler 27,664,789 99.66% 93,859 0.34% Shareholders also approved the re-appointment of PricewaterhouseCoopers LLP as auditors of the Company for the ensuing year at the remuneration to be set by the directors. The Company's report of voting results will be available on SEDAR (www.sedar.com), EDGAR (www.sec.gov/edgar.shtml), and on the Company's website. CHAIRMAN'S MESSAGE Dale Corman, Western's Executive Chairman, provides a brief company update and commentary on commodities and the flurry of activity in the Yukon in his Letter to Shareholders, which is available at www.westerncopperandgold.com/events/agm-2017. \"At the beginning of 2016 gold prices soared off of 2015 lows and Western's share price responded well. While there are a lot of analysts that are bullish on the direction of gold in 2017, it is the expected rise in copper prices that will provide the next major move in copper equities which includes Western Copper and Gold. Years of underinvestment in mine development; production decreases at some of the wo...