Shares Outstanding: 222,025,246
Trading Symbols: TSX: GGD
OTCQX: GLGDF
HALIFAX, March 25, 2020 /CNW/ - GoGold Resources
Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the
Company") is pleased to announce that at the annual and
special meeting of shareholders held on March 25, 2020 (the "Meeting"), the shareholders
re-elected John Turner, Bradley Langille, Phillip Gaunce, George
Waye, Terrence Cooper and
Dana Hatfield as directors of the
Company for the forthcoming year. Each director was elected by a
majority of the votes and the table below presents the votes
represented by proxy in respect of the election of each
director:
Nominee
|
Votes
For
|
Votes
Withheld
|
John
Turner
|
75,768,086
(96.98%)
|
2,360,610
(3.02%)
|
Dana
Hatfield
|
75,721,236
(96.92%)
|
2,407,460
(3.08%)
|
Phillip
Gaunce
|
78,021,746
(99.86%)
|
106,950
(0.14%)
|
George
Waye
|
78,099,596
(99.96%)
|
29,100
(0.04%)
|
Terrence
Cooper
|
76,332,887
(97.70%)
|
1,795,809
(2.30%)
|
Bradley
Langille
|
76,975,836
(98.52%)
|
1,152,860
(1.48%)
|
In addition, at the Meeting, KPMG LLP, Chartered Accountants,
were re-appointed as the auditors of the Company until the next
annual meeting of shareholders or until their successors are duly
appointed, at a remuneration to be fixed by the directors. The
shareholders also approved increasing the maximum number of common
shares of the Company that may be issued under the Company's
Deferred Share Unit Plan from 5,000,000 to 6,500,000, with
76,079,261 (97.38%) votes for and 2,049,435 (2.62%) votes
against.
About GoGold Resources
GoGold Resources (TSX: GGD) is
a Canadian-based silver and gold producer focused on operating,
developing, exploring and acquiring high quality projects in
Mexico. The Company operates the Parral Tailings project in
the state of Chihuahua and has the
Los Ricos exploration project in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of
low cost, high margin projects. For more information visit
gogoldresources.com.
CAUTIONARY STATEMENT:
The securities described herein
have not been, and will not be, registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act"), or
any state securities laws, and may not be offered or sold within
the United States or to, or for
the benefit of, U.S. persons (as defined in Regulation S under the
U.S. Securities Act) except in compliance with the registration
requirements of the U.S. Securities Act and applicable state
securities laws or pursuant to exemptions therefrom. This release
does not constitute an offer to sell or a solicitation of an offer
to buy of any of GoGold's securities in the United States.
This news release may contain "forward-looking information" as
defined in applicable Canadian securities legislation. All
statements other than statements of historical fact, included in
this release, including, without limitation, statements regarding
the Parral tailings project, the Los Ricos project, future
operating margins, future production and processing, and future
plans and objectives of GoGold, constitute forward looking
information that involve various risks and uncertainties.
Forward-looking information is based on a number of factors and
assumptions which have been used to develop such information but
which may prove to be incorrect, including, but not limited to,
assumptions in connection with the continuance of GoGold and its
subsidiaries as a going concern, general economic and market
conditions, mineral prices, the accuracy of mineral resource
estimates, and the performance of the Parral project There can be
no assurance that such information will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such forward-looking information.
Important factors that could cause actual results to differ
materially from GoGold's expectations include exploration and
development risks associated with GoGold's projects, the failure to
establish estimated mineral resources or mineral reserves,
volatility of commodity prices, variations of recovery rates, and
global economic conditions. For additional information with respect
to risk factors applicable to GoGold, reference should be made to
GoGold's continuous disclosure materials filed from time to time
with securities regulators, including, but not limited to, GoGold's
Annual Information Form. The forward-looking information contained
in this release is made as of the date of this release.
SOURCE GoGold Resources Inc.