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MELBOURNE, July 18, 2017 /CNW/ - OceanaGold Corporation
(ASX:OGC, TSX:OGC) ("the Company") wishes to advise on the outcome
of the coting results from the Annual General and Special Meeting
held today.
In accordance with ASX Listing Rule 3.12.2 and the rules of TSX,
we advise details of the resolutions and the proxies received in
respect of each resolution.
1A) Election of Director – Mr James
E. Askew
The instructions given to validly appointed proxies in respect
of the resolution were as follows:
For
|
Against
|
Withheld
|
94.62%
|
0.00%
|
5.38%
|
The motion was carried as an ordinary resolution
1B) Election of Director – Mr Jose P.
Leviste Jr.
The instructions given to validly appointed proxies in respect
of the resolution were as follows:
For
|
Against
|
Withheld
|
90.68%
|
0.00%
|
9.32%
|
The motion was carried as an ordinary resolution
1C) Election of Director – Dr Geoff
W. Raby
The instructions given to validly appointed proxies in respect
of the resolution were as follows:
For
|
Against
|
Withheld
|
94.89%
|
0.00%
|
5.11%
|
The motion was carried as an ordinary resolution
1D) Election of Director – Mr Michael
F. Wilkes
The instructions given to validly appointed proxies in respect
of the resolution were as follows:
For
|
Against
|
Withheld
|
91.38%
|
0.00%
|
8.62%
|
The motion was carried as an ordinary resolution
1E) Election of Director – Mr William
H. Myckatyn
The instructions given to validly appointed proxies in respect
of the resolution were as follows:
For
|
Against
|
Withheld
|
94.62%
|
0.00%
|
5.38%
|
The motion was carried as an ordinary resolution
1F) Election of Director – Mr Paul B.
Sweeney
The instructions given to validly appointed proxies in respect
of the resolution were as follows:
For
|
Against
|
Withheld
|
94.68%
|
0.00%
|
5.32%
|
The motion was carried as an ordinary resolution
1G) Election of Director – Ms Diane
R. Garrett
The instructions given to validly appointed proxies in respect
of the resolution were as follows:
For
|
Against
|
Withheld
|
75.46%
|
0.00%
|
24.54%
|
The motion was carried as an ordinary resolution
2) Appointment of PricewaterhouseCoopers as the
Auditors
The instructions given to validly appointed proxies in respect
of the resolution were as follows:
For
|
Against
|
Withheld
|
96.31%
|
0.00%
|
3.69%
|
The motion was carried as an ordinary resolution
3) Passing of Non-Binding Advisory Vote on Executive
Compensation
The instructions given to validly appointed proxies in respect
of the resolution were as follows:
For
|
Against
|
Withheld
|
99.03%
|
0.97%
|
0.00%
|
The motion was carried as an ordinary resolution.
About OceanaGold
OceanaGold Corporation is a mid-tier, high-margin, multinational
gold producer with assets located in the
Philippines, New Zealand
and the United States. The
Company's assets encompass its flagship operation, the Didipio
Gold-Copper Mine located on the island of Luzon in the Philippines. On the North Island of
New Zealand, the Company operates
the high-grade Waihi Gold Mine while on the South Island of
New Zealand, the Company operates
the largest gold mine in the country at the Macraes Goldfield which
is made up of a series of open pit mines and the Frasers
underground mine. In the United
States, the Company is currently commissioning the Haile
Gold Mine, a top-tier asset located in South Carolina. The Company expects the Haile
Gold Mine to commence commercial production in the third quarter of
2017. OceanaGold also has a significant pipeline of organic growth
and exploration opportunities in the Americas and Asia-Pacific regions.
OceanaGold has operated sustainably over the past 27 years with
a proven track-record for environmental management and community
and social engagement. The Company has a strong social license to
operate and works collaboratively with its valued stakeholders to
identify and invest in social programs that are designed to build
capacity and not dependency.
In 2017, the Company expects to produce 550,000 to 610,000
ounces of gold and 15,000 to 17,000 tonnes of copper with sector
leading All-In Sustaining Costs that range from $600 to $650 per ounce sold.
Cautionary Statement for Public Release
Certain information contained in this public release may be
deemed "forward-looking" within the meaning of applicable
securities laws. Forward-looking statements and information relate
to future performance and reflect the Company's expectations
regarding the generation of free cash flow, execution of business
strategy, future growth, future production, estimated costs,
results of operations, business prospects and opportunities of
OceanaGold Corporation and its related subsidiaries. Any statements
that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions
or future events or performance (often, but not always, using words
or phrases such as "expects" or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans", "estimates" or
"intends", or stating that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be
achieved) are not statements of historical fact and may be
forward-looking statements. Forward-looking statements are subject
to a variety of risks and uncertainties which could cause actual
events or results to differ materially from those expressed in the
forward-looking statements and information. They include, among
others, the accuracy of mineral reserve and resource estimates and
related assumptions, inherent operating risks, sovereign risks,
risk of suspension and those risk factors identified in the
Company's most recent Annual Information Form prepared and filed
with securities regulators which is available on SEDAR at
www.sedar.com under the Company's name. There are no assurances the
Company can fulfil forward-looking statements and information. Such
forward-looking statements and information are only predictions
based on current information available to management as of the date
that such predictions are made; actual events or results may differ
materially as a result of risks facing the Company, some of which
are beyond the Company's control. Although the Company
believes that any forward-looking statements and information
contained in this press release is based on reasonable assumptions,
readers cannot be assured that actual outcomes or results will be
consistent with such statements. Accordingly, readers should not
place undue reliance on forward-looking statements and information.
The Company expressly disclaims any intention or obligation to
update or revise any forward-looking statements and information,
whether as a result of new information, events or otherwise, except
as required by applicable securities laws. The information
contained in this release is not investment or financial product
advice.
SOURCE OceanaGold Corporation