Katanga Mining Announces Voting Results of Special Meeting
June 02 2020 - 2:15PM
PR Newswire (Canada)
ZUG, Switzerland, June 2, 2020 /CNW/ - Katanga Mining Limited (TSX:
KAT) ("Katanga" or the "Company") is pleased to announce that the
matters set out in the management information circular dated
May 4, 2020 (the "Circular") were
approved at the special meeting of shareholders (the "Meeting") on
June 2, 2020. As further detailed in
the Circular, at the Meeting shareholders considered (1) a special
resolution (the "Amalgamation Resolution") authorizing and
approving the amalgamation of the Company with 836074 Yukon Inc.
("Subco"), resulting in the business combination of the Company and
Subco to form an amalgamated corporation, and (2) an ordinary
resolution (the "By-Law Amendment Resolution") ratifying the
amendment of the Company's By-Law No. 1 to permit the Company to
hold meetings of its shareholders partially or entirely by
telephonic or electronic means. The details of the voting results
from the Meeting are set out below.
Matter voted
upon
|
Outcome
of
Vote
|
|
|
Votes
For
|
Votes
Against
|
Amalgamation
Resolution
|
Approved
|
60,987,498,160
(99.99%)
|
1,136,705
(<0.01%)
|
|
|
|
|
By-Law Amendment
Resolution
|
Approved
|
60,987,961,967
(99.99%)
|
672,898
(<0.01%)
|
About Katanga Mining Limited
Katanga Mining Limited
operates a major mine complex in the Democratic Republic of Congo producing refined
copper and cobalt. The Company has the potential to become
Africa's largest copper producer
and the world's largest cobalt producer. Katanga is listed on the
Toronto Stock Exchange under the symbol KAT.
SOURCE Katanga Mining Limited
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