TSX:
TML OTCQX: TSRMF
TORONTO, June 29, 2021 /CNW/ - Treasury Metals Inc.
(TSX: TML) (OTCQX: TSRMF) ("Treasury" or the
"Company") is pleased to announce that its shareholders have
approved all items of business brought before them at the Company's
annual general and special meeting of shareholders held today (the
"Meeting").
A total of 73,838,381 common shares of the Company ("Common
Shares") were represented at the Meeting. Shareholders voted in
favour of all matters brought before the Meeting, as follows:
(i)
|
to fix the number of
members of the board of directors of the Company (the "Board") to
be elected at eight (8) and thereafter empowering the Board to
determine from time to time the number of directors within the
minimum and maximum numbers provided for in the Articles of the
Company;
|
(ii)
|
election of all
management nominees to the Board of Directors of the
Company;
|
(iii)
|
appointment of RSM
Canada LLP as auditors of the Company for the ensuing year and
authorization of the directors to fix their
remuneration;
|
(iv)
|
the renewal of the
Shareholder Rights Plan;
|
(v)
|
the new equity
incentive plan of the Company.
|
The eight nominees proposed by management were elected by
shareholders, with the detailed results for the election of
directors of the management proxy votes received, including those
at the meeting, were as follows:
Name
|
Shares Voted For
(#)
|
Shares Voted For
(%)
|
Shares Withheld
(#)
|
Shares Withheld
(%)
|
William
Fisher
|
72,642,679
|
99.76%
|
174,793
|
0.24%
|
Frazer
Bourchier
|
72,628,554
|
99.74%
|
188,918
|
0.26%
|
Marc
Henderson
|
71,380,297
|
98.03%
|
1,437,175
|
1.97%
|
Christophe
Vereecke
|
71,356,053
|
97.99%
|
1,461,419
|
2.01%
|
David
Whittle
|
69,937,550
|
96.05%
|
2,879,922
|
3.96%
|
Daniel
Wilton
|
69,966,398
|
96.09%
|
2,851,74
|
3.92%
|
Flora Wood
|
72,630,200
|
99.74%
|
187,272
|
0.26%
|
Jeremy
Wyeth
|
69,942,638
|
96.05%
|
2,874,834
|
3.95%
|
The formal report on voting results with respect to all matters
voted upon at the Meeting are filed on SEDAR.
About Treasury Metals Inc.
Treasury Metals Inc. is a gold focused company with assets
in Canada. Treasury's Goliath Gold Complex ("GGC"),
which includes the Goliath, Goldlund and Miller projects, is
located in Northwestern Ontario. The GGC projects benefit
substantially from excellent access to the Trans-Canada Highway,
related power and rail infrastructure, and close proximity to
several communities including Dryden, Ontario. The Company also owns several other
projects throughout Canada, including the Lara Polymetallic
Project, Weebigee-Sandy Lake Gold Project JV, and grassroots gold
exploration property Gold Rock.
To view further details about Treasury, please visit the
Company's website at www.treasurymetals.com.
Forward-Looking Statements
This release includes certain statements that may be deemed
to be "forward-looking statements". All statements in this release,
other than statements of historical facts, that address events or
developments that management of the Company expect, are
forward-looking statements. Forward-looking statements are
frequently, but not always, identified by words such as "expects",
"anticipates", "believes", "plans", "projects", "intends",
"estimates", "envisages", "potential", "possible", "strategy",
"goals", "objectives", or variations thereof or stating that
certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved, or the negative of any of
these terms and similar expressions. Actual results or developments
may differ materially from those in forward-looking statements.
Treasury disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise, save and except as may be
required by applicable securities laws.
Since forward-looking information address future events and
conditions, by their very nature they involve inherent risks and
uncertainties. Actual results could differ materially from those
currently anticipated due to a number of factors and risks. These
include, but are not limited to, exploration and production for
precious metals; delays or changes in plans with respect to
exploration or development projects or capital expenditures; the
uncertainty of resource estimates; health, safety and environmental
risks; worldwide demand for gold and base metals; gold price and
other commodity price and exchange rate fluctuations; environmental
risks; competition; incorrect assessment of the value of
acquisitions; ability to access sufficient capital from internal
and external sources; and changes in legislation, including but not
limited to tax laws, royalties and environmental
regulations.
Actual results, performance or achievement could differ
materially from those expressed in, or implied by, the
forward-looking information and, accordingly, no assurance can be
given that any of the events anticipated by the forward-looking
information will transpire or occur, or if any of them do so, what
benefits may be derived therefrom and accordingly, readers are
cautioned not to place undue reliance on the forward-looking
information.
Neither the TSX nor its Regulation Services Provider (as that
term is defined in the policies of the TSX) accepts responsibility
for the adequacy or accuracy of this release.
SOURCE Treasury Metals Inc.