Continental Gold Limited: Announces Voting Results of Annual General Meeting
02.06.2014 | Marketwire
TORONTO, Jun 2, 2014 - Continental Gold Limited (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce the voting results of its 2014 Annual General Meeting (the "Meeting") held earlier today.Election of Directors
All nominees listed in the management information circular for the Meeting were elected as directors of the Company. Shareholders present in person or represented by proxy at the Meeting voted as follows:
| Nominee | Number of Shares | Percentage of Votes Cast | ||||
| For | Against | Abstain | For | Against | Abstain | |
| Leon Teicher | 85,630,669 | 1,600 | 411 | 100.00 | 0.00 | 0.00 |
| Ari B. Sussman | 83,393,947 | 2,238,322 | 411 | 97.39 | 2.61 | 0.00 |
| Jaime I. Gutiérrez | 83,446,769 | 2,185,500 | 411 | 97.45 | 2.55 | 0.00 |
| Gustavo Koch | 83,446,269 | 2,186,000 | 411 | 97.45 | 2.55 | 0.00 |
| Paul J. Murphy | 79,400,775 | 6,231,494 | 411 | 92.72 | 7.28 | 0.00 |
| Kenneth G. Thomas | 79,401,275 | 6,230,994 | 411 | 92.72 | 7.28 | 0.00 |
| Timothy A. Warman | 61,134,644 | 24,497,625 | 411 | 71.39 | 28.61 | 0.00 |
Appointment of Auditors
PricewaterhouseCoopers LLP were appointed auditors of the Company to hold office until the close of the next annual general meeting of the Company, and the directors of the Company were authorized to fix the remuneration of the auditors. Shareholders present in person or represented by proxy at the Meeting voted as follows:
| Number of Shares | Percentage of Votes Cast | ||||
| For | Against | Abstain | For | Against | Abstain |
| 90,523,811 | 6,031 | 142 | 99.99 | 0.01 | 0.00 |
Adoption of a Deferred Share Unit Plan
The resolution ratifying, confirming and approving the adoption of a Deferred Share Unit Plan of the Company was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows:
| Number of Shares | Percentage of Votes Cast | ||||
| For | Against | Abstain | For | Against | Abstain |
| 59,258,913 | 26,372,856 | 911 | 69.20 | 30.80 | 0.00 |
Adoption of a Restricted Share Unit Plan
The motion to ratify, confirm and approve the adoption of a Restricted Share Unit Plan of the Company was withdrawn at the Meeting.
Approve Amendments to Company's Bye-laws
The motion to approve amendments to the Bye-laws of the Company was withdrawn at the Meeting.
About Continental Gold
Continental Gold Ltd. is an advanced-stage exploration and development company with an extensive portfolio of 100%-owned gold projects in Colombia. Spearheaded by a team with over 40 years of exploration and mining experience in Colombia, the Company is focused on advancing its high-grade Buriticá gold project to production. Details on the Buriticá project and the rest of Continental's suite of gold exploration properties are available at www.continentalgold.com.
Contact
Continental Gold Ltd.
+1.416.583.5610
info@continentalgold.com
www.continentalgold.com