Each of the nominee Directors listed in the Company's management proxy circular dated
Additionally, there were 35,291,852 non-votes in the election.
Also at the Annual and Special Meeting of Shareholders, the Company's Stock Option Plan was approved for renewal by a majority of the votes represented (90.35%), after the exclusion of votes held by certain insiders and their affiliates.
The Company's independent auditors
The "say on pay" vote to approve executive compensation was approved with 91.74% of the votes cast voting for the non-binding advisory vote. The Company's first advisory vote on preferred frequency of voting on executive compensation, or "say when on pay," was returned with a vote of 43.92% for every year; 36.35% for every two years; 18.24% for every three years (with 1.49% abstaining). The Board of Directors has adopted the preference expressed by the shareholders in this advisory vote and will conduct advisory votes on executive compensation every year until the Company's next say when on pay vote in 2020.
FOR FURTHER INFORMATION, PLEASE CONTACT
This release may contain "forward-looking statements" within the meaning of applicable securities laws regarding events or conditions that may occur in the future and are based on current expectations that, while considered reasonable by management at this time, inherently involve a number of significant business, economic and competitive risks, uncertainties and contingencies. Factors that could cause actual results to differ materially from any forward-looking statements include, but are not limited to, capital and other costs varying significantly from estimates; failure to establish estimated resources and reserves; the grade and recovery of ore which is mined varying from estimates; production rates, methods and amounts varying from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; inflation; delays in development and other factors. Readers should not place undue reliance on forward-looking statements. The forward-looking statements contained herein are based on the beliefs, expectations and opinions of management as of the date hereof and
Logo - http://photos.prnewswire.com/prnh/20110913/LA67628LOGO