Teranga Gold Announces AGM Voting Results
May 08 2018 - 12:54PM
Teranga Gold Corporation (“
Teranga” or the
“
Company”) (TSX:TGZ) (OTCQX:TGCDF) announces that
all nominee directors listed in the Management Proxy Circular dated
April 3, 2018 were elected as directors of the Company at its
Annual General Meeting of Shareholders (the “Meeting”) held earlier
today in Toronto, Ontario. At this Meeting, 69,914,888 shares were
voted, representing 65.13% of the Company’s issued and outstanding
common shares. The voting results for all matters brought forth at
the Meeting are set out below:
Election of Directors
Name |
Votes For |
% Votes For |
Votes Withheld |
% Votes Withheld |
Alan R. Hill |
62,439,619 |
97.39 |
% |
1,671,170 |
2.61 |
% |
Richard S. Young |
63,425,831 |
98.93 |
% |
684,958 |
1.07 |
% |
Christopher R. Lattanzi |
64,039,399 |
99.89 |
% |
71,390 |
0.11 |
% |
Jendayi E. Frazer |
64,031,278 |
99.88 |
% |
79,511 |
0.12 |
% |
Edward Goldenberg |
62,678,387 |
97.77 |
% |
1,432,402 |
2.23 |
% |
David J. Mimran |
62,695,567 |
97.79 |
% |
1,415,222 |
2.21 |
% |
Alan R. Thomas |
62,562,402 |
97.58 |
% |
1,548,387 |
2.42 |
% |
Frank D. Wheatley |
62,353,237 |
97.26 |
% |
1,757,552 |
2.74 |
% |
William J. Biggar |
62,586,042 |
97.62 |
% |
1,524,747 |
2.38 |
% |
Appointment of Auditor
Name |
Votes For |
% Votes For |
Votes Withheld |
% Votes Withheld |
Ernst & Young LLP |
69,791,923 |
99.82 |
% |
122,965 |
0.18 |
% |
About Teranga
Teranga is a multi-jurisdictional West African
gold company focused on production and development as well as the
exploration of more than 6,400 km2 of land located on
prospective gold belts. Since its initial public offering in
2010, Teranga has produced more than 1.4 million ounces of gold
from its operations in Senegal, which as of June 30,
2017 had a reserve base of 2.7 million ounces of gold.
Focused on diversification and growth, the Company is advancing its
Wahgnion Gold Project, with a recently released positive
feasibility study, and conducting extensive exploration programs in
three countries: Burkina Faso, Senegal and Côte
d’Ivoire. Teranga has a strong balance sheet and the
financial flexibility to execute on its growth strategy. The
Company has nearly 4.0 million ounces of gold reserves from its
combined Sabodala Gold operations and Wahgnion Gold Project.
Steadfast in its commitment to set the benchmark
for responsible mining, Teranga operates in accordance with the
highest international standards and aims to act as a catalyst for
sustainable economic, environmental, and community development as
it strives to create value for all of its stakeholders.
Teranga is a member of the United Nations Global Compact and a
leading member of the multi-stakeholder group responsible for the
submission of the first Senegalese Extractive Industries
Transparency Initiative revenue report. The Company's
responsibility report is available at
www.terangagold.com/responsibilityreport and is prepared in
accordance with its commitments under the United Nations Global
Compact and in alignment with the Global Reporting Initiative
guidelines.
Contact
Information |
|
|
|
Richard Young |
Trish Moran |
President &
CEO |
Head of Investor
Relations |
T: +1 416-594-0000 | E:
ryoung@terangagold.com |
T: +1 416-607-4507 | E:
tmoran@terangagold.com |