TORONTO, June 10, 2016 /CNW/ - Roxgold Inc. (ROG: TSX.V)
("Roxgold" or the "Company") is pleased to announce the voting
results of its Annual and Special Meeting held on June 9, 2016 in Toronto. Shareholders voted
to re-elect six of the Company's eight member Board of Directors
("The Board"), and newly elected two members with 62.53% of shares
outstanding represented at the meeting.
Voting results are summarized below:
|
Name
|
Votes
"For"
|
%
"For"
|
Votes
Withheld
|
%
Withheld
|
Votes
"Against"
|
%
"Against"
|
|
Re-election of Mr.
Richard Colterjohn
|
211,770,154
|
99.99
|
24,233
|
0.01
|
|
|
|
Re-election of Mr.
John Dorward
|
211,312,654
|
99.77
|
481,733
|
0.23
|
|
|
|
Election of Ms. Kate
Harcourt
|
211,208,654
|
99.72
|
585,733
|
0.28
|
|
|
|
Re-election of Mr.
John L. Knowles
|
211,773,154
|
99.99
|
21,233
|
0.01
|
|
|
|
Re-election of Mr.
Oliver Lennox-King
|
198,784,154
|
93.86
|
13,010,233
|
6.14
|
|
|
|
Re-election of Mr.
Robin Mills
|
211,329,654
|
99.78
|
464,733
|
0.22
|
|
|
|
Election of Mr.
Norman Pitcher
|
211,211,554
|
99.72
|
582,833
|
0.28
|
|
|
|
Re-election of Mr.
Jonathan A. Rubenstein
|
211,352,654
|
99.79
|
441,733
|
0.21
|
|
|
|
PricewaterhouseCoopers LLP as the Company's
auditors
|
220,327,799
|
99.84
|
343,772
|
0.16
|
|
|
|
Incentive Stock
Option Plan
|
187,563,677
|
88.56
|
|
|
24,230,710
|
11.44
|
|
Deferred Share Unit
Plan
|
204,246,377
|
96.44
|
|
|
7,548,010
|
3.56
|
|
Restricted Share Unit
Plan
|
203,846,277
|
96.25
|
|
|
7,948,110
|
3.75
|
Roxgold's Board of Directors would like to thank the Company's
shareholders for their continued support.
The Company also announces that stock options to purchase up to
an aggregate of 100,000 common shares have been granted to a
recently hired employee exercisable on or before June 9, 2021 at a strike price of $1.41.
About Roxgold
Roxgold is a gold mining company with its key asset, the high
grade Yaramoko Gold Mine, located in the Houndé greenstone region
of Burkina Faso, West Africa. The Company expects to reach
commercial production in Q3 2016. Roxgold trades on the TSX Venture
Exchange under the symbol ROG and as part of the Nasdaq
International Designation program with the symbol OTC: ROGFF.
"Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release."
These statements are based on information currently available
to the Company and the Company provides no assurance that actual
results will meet management's expectations. In certain cases,
forward-looking information may be identified by such terms as
"anticipates", "believes", "could", "estimates", "expects", "may",
"shall", "will", or "would".
Although the Company believes the expectations expressed in
such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future
performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include: changes in market conditions,
unsuccessful exploration results, changes in the price of gold,
unanticipated changes in key management personnel and general
economic conditions. Mining exploration and development is an
inherently risky business. Accordingly, actual events may differ
materially from those projected in the forward-looking statements.
This list is not exhaustive of the factors that may affect any of
the Company's forward-looking statements. These and other factors
should be considered carefully and readers should not place undue
reliance on the Company's forward-looking statements. The Company
does not undertake to update any forward-looking statement that may
be made from time to time by the Company or on its behalf, except
in accordance with applicable securities laws.
SOURCE Roxgold Inc.