Rye Patch Announces Results of 2017 Annual General Meeting of Shareholders
VANCOUVER, June 6, 2017 /CNW/ - Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the "Company" or "Rye Patch") announces that at today's 2017 Annual General Meeting ("AGM") in Vancouver, shareholders voted in favour of all items of business by way of ballot voting. A total 224,372,414 votes were cast or represented by proxy at the AGM, representing 57.93% of the outstanding common shares as of the record date.
Election of Directors
Pursuant to a vote by ballot, the following are the votes cast for and withheld in respect of the election of directors.
| Director | Votes for | Votes withheld | Percent for | Percent withheld |
| Timothy C. Baker | 152,911,166 | 36,202,667 | 80.86% | 19.14% |
| Jonathan Challis | 152,939,116 | 36,174,717 | 80.87% | 19.13% |
| William C. Howald | 188,059,483 | 1,054,350 | 99.44% | 0.56% |
| Charles C. Russell | 152,886,966 | 36,226,867 | 80.84% | 19.16% |
Shareholders voted 83.83% in favour of appointing PricewaterhouseCoopers LLP, Professional Chartered Accountant as auditor of the Company for the ensuing year.
Shareholders voted 171,237,715 (90.55%) in favour and 17,876,118 (9.45%) against the approval and confirmation of the Company's "rolling 10%" Stock Option Plan.
Disinterested shareholders of the Company voted 129,259,629 (92.22%) in favour and 10,912,068 (7.78%) against the approval of the Company's Restricted Share Unit Plan (the "RSU Plan"). Pursuant to the requirements of the TSX Venture Exchange, this matter required disinterested shareholder approval and, accordingly, common shares of the Company beneficially held by insiders of the Company eligible to participate in the RSU Plan and their associates were not entitled to be voted on this matter.
About Rye Patch Gold Corp.
Rye Patch Gold Corp. is a Nevada based, Tier 1, mining company engaged in the mining and development of quality resource-based gold and silver mines and projects along the established Oreana trend in west central Nevada. Leveraging its strong financial position and cash to acquire the operating Florida Canyon Gold Mine, Rye Patch Gold Corp. now controls a trend-scale platform with mining operations, resource projects and exploration upside. The combination of operations and organic growth along a major Nevada gold trend positions Rye Patch as an emerging mid-tier gold producer with tremendous value added potential. For more information, please visit our website at www.ryepatchgold.com.
On behalf of the Board of Directors
'William Howald'
William C. (Bill) Howald, CEO & President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Rye Patch Gold
Contact
Rye Patch Gold Corp., info@ryepatchgold.com, Tel.: (604) 638-1588, Fax: (604) 638-1589