VANCOUVER, June 19, 2018 /CNW/ - Kincora Copper Ltd.
(the "Company", "Kincora") (TSXV:KCC) is pleased to announce the
results of voting at its Annual General Meeting ("AGM") of
shareholders which was held at 4pm on
June 18, 2018, in Vancouver, British Columbia.
All matters submitted to shareholders for approval as set out in
the Company's Notice of Meeting and Information Circular, both
dated May 23, 2018, were approved by the requisite majority of
votes cast at the Meeting with 41.67% of shareholder proxies
returned. Details of the AGM are provided below.
Number of Directors
Shareholders approved setting the
number of directors at four.
Election of Directors
Shareholders voted in favour of
Kincora's management's nominees to the board of directors:
Jonathan (Sam) Spring, Ray Nadarajah, John
Holliday, and Anthony
Jackson.
Auditor Re-Appointed
Dale Matheson Carr-Hilton
Labonte LLP was re-appointed Auditor of the Company to hold office
until the next AGM or until its successor is duly appointed, and
the directors were authorized to fix the Auditor's
remuneration.
Stock Option Plan
Shareholders re-approved the 10%
rolling stock option plan.
Ratification of Advance Notice Policy
Shareholders
ratified the adoption of the Advance notice policy as set forth in
the May 23, 2018 Information Circular
and May 17, 2018 press release.
Neither the 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 Kincora Copper Limited