Sprott Inc. Announces Results of its Annual and Special Meeting of Shareholders
May 08 2020 - 4:30PM
Sprott Inc. (“
Sprott”) (TSX: SII) announced today
the results of its Annual and Special Meeting of shareholders held
on May 8, 2020 (the “
Meeting”). Sprott is
pleased to announce that all resolutions put forward in the
Management Information Circular dated March 18, 2020 (the
“
Circular”) to its shareholders were approved.
Results of the matters voted on at the Meeting
are set out below.
Election of Directors
Sprott’s six director nominees were elected:
Nominee |
Votes For (percent) |
Votes Withheld (percent) |
Ronald Dewhurst |
99.15% |
0.85% |
Graham Birch |
99.41% |
0.59% |
Peter Grosskopf |
99.02% |
0.98% |
Sharon Ranson |
99.11% |
0.89% |
Arthur Richards Rule IV |
99.22% |
0.78% |
Rosemary Zigrossi |
98.93% |
1.07% |
Appointment of Auditors
KPMG LLP, Chartered Accountants, was
re-appointed as auditor of Sprott.
Votes For (percent): 99.33%Votes Withheld (percent): 0.67% |
Common Share Consolidation
A special resolution authorizing the future
consolidation of Sprott’s issued and outstanding common shares on
the basis of one (1) post-consolidation common share for up to ten
(10) pre-consolidation common shares at such time as Sprott’s board
of directors so determines was approved.
Votes For (percent): 96.58%Votes Withheld (percent): 3.42% |
2020 Amended And Restated Stock Option Plan
The 2020 Amended and Restated Stock Option Plan,
and related matters, as more particularly described in the Circular
was approved.
Votes For (percent): 85.74%Votes Withheld (percent): 14.26% |
2020 Amended and Restated Employee Profit
Sharing Plan
The 2020 Amended and Restated Employee Profit
Sharing Plan, and related matters, as more particularly described
in the Circular was approved.
Votes For (percent): 77.80%Votes Withheld (percent): 22.20% |
2020 Amended and Restated Equity Incentive Plan
for U.S. Service Providers
The 2020 Amended and Restated Equity Incentive
Plan for U.S. Service Providers, and related matters, as more
particularly described in the Circular was approved.
Votes For (percent): 80.76%Votes Withheld (percent): 19.24% |
For further details on each of the above
matters, please refer to the Circular available under Sprott’s
profile on the System for Electronic Document Analysis and
Retrieval (SEDAR) at www.sedar.com.
Final voting results on all matters voted on at
the Meeting will be filed on SEDAR at www.sedar.com.
About Sprott
Sprott is an alternative asset manager and a
global leader in precious metal investments. Through its
subsidiaries in Canada, the US and Asia, Sprott is dedicated to
providing investors with specialized investment strategies that
include Exchange Listed Products, Lending, Managed Equities and
Brokerage. Sprott’s common shares are listed on the Toronto Stock
Exchange under the symbol (TSX:SII). For more information, please
visit www.sprott.com.
FOR FURTHER INFORMATION:
Investor Contact
Information:Glen WilliamsManaging DirectorInvestor
Relations and Corporate Communications(416)
943-4394gwilliams@sprott.com
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