TSX:TML
TORONTO,
June 8, 2016 /CNW/ - Treasury
Metals Inc. ("Treasury Metals" or the "Company") (TSX:TML), a gold
exploration and development company focused on Goliath Gold Project
in northwestern Ontario, is
pleased to announce the results of its annual and special meeting
of shareholders (the "Meeting") held on June
7, 2016.
A total of 56,081,294 common shares ("Common
Shares"), which is 67% of the outstanding Common Shares of the
Company, were represented at the Meeting and all matters presented
for approval at the Meeting have been duly authorized and approved,
as follows:
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(i)
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election of all
management nominees to the board of directors of the
Company;
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(ii)
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appointment of
Collins Barrow Toronto LLP as auditors of the Company for the
ensuing year and authorization of the directors to fix their
remuneration; and,
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iii)
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resolution to amend
the warrants to purchase common shares of the Company currently
held by the Company's lender to extend the expiry date by one
year.
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The nominees proposed by management were elected
by shareholders on a show of hands, with the detailed results for
the election of directors of the management proxy votes received,
including those in person, were as follows:
Name
|
Shares Voted
For
(#)
|
Shares Voted
For
(%)
|
Shares
Withheld
(#)
|
Shares
Withheld
(%)
|
Doug Bache
|
53,785,817
|
98.96
|
567,891
|
1.04
|
William
Fisher
|
53,785,502
|
98.95
|
568,206
|
1.05
|
Marc
Henderson
|
54,299,238
|
99.90
|
54,470
|
0.10
|
Christophe
Vereecke
|
53,786,739
|
98.96
|
566,969
|
1.04
|
Flora Wood
|
30,476,143
|
56.07
|
23,877,565
|
43.93
|
Blaise
Yerly
|
54,199,920
|
99.72
|
153,788
|
0.28
|
The formal report on voting results with respect
to all matters voted upon at the meeting will also be filed on
SEDAR.
Treasury Metals Inc. (TSX: TML) is a Canadian
gold exploration and development company focused on its 100% owned
Goliath Gold Project. The Project has access to first-rate
infrastructure and is located near Dryden in northwestern Ontario. Treasury Metals is advancing Goliath
through the Canadian permitting process for mining production at
its open-pit gold mine and 2,500 tpd processing facility.
Subsequent underground operations will be developed in the latter
years of mine life. Established in 2008, Treasury Metals operates
corporate headquarters in Toronto
and a Project Office at the Goliath Gold Project. Treasury Metals
is listed on the Toronto Stock Exchange under the trading symbol
"TML" (TSX: TML). More information can be found on Treasury Metals
Inc.'s website at www.treasurymetals.com.
SOURCE Treasury Metals Inc.