Alamos Gold Announces Results of the Annual General Meeting of Shareholders and Changes to its Board of Directors
May 03 2019 - 2:19PM
Alamos Gold Inc. (
TSX:AGI;
NYSE:AGI) (“Alamos” or the “Company”) today reported a
summary of the voting results of its Annual General Meeting of
Shareholders (the “Meeting”). The Company is also announcing the
retirement of Mark Daniel from the Board of Directors and the
appointments of J. Robert S. Prichard and Monique Mercier.
“On behalf of the Board of Directors and
management, I would like to thank Mark Daniel for his contributions
and years of dedicated service. Mark has been a valued member of
the Alamos Board and prior to that, AuRico Board, dating back to
2011. We wish him every success in his future endeavours,” said
John A. McCluskey, President and CEO. “I would also like to welcome
Robert Prichard and Monique Mercier as new board members. Robert
brings a wealth of business, legal, and academic experience.
Monique’s background is outstanding with diverse experience across
several industries.”
J. Robert S. Prichard is a lawyer and corporate
director. At present, he serves as non-executive Chairman of Torys
LLP and Chair of BMO Financial Group. He is also a director of Onex
Corporation, George Weston Ltd., Chair–designate of the Hospital
for Sick Children and President Emeritus of the University of
Toronto. He also served as a director of Barrick Gold from
2015-2019. Mr. Prichard taught law at the University of Toronto,
Yale University and Harvard University and served as Dean of Law
from 1984-1990 and President from 1990-2000 at the University of
Toronto. He subsequently served as President and CEO of Torstar
Corporation from 2002-2009 and then President and CEO of Metrolinx
before serving as Chair of Metrolinx from 2010-2018. He is an
Officer of the Order of Canada, a Member of the Order of Ontario, a
Fellow of the Royal Society of Canada and a Fellow of the Institute
of Corporate Directors. He attended Swarthmore College, the
University of Chicago (MBA), the University of Toronto (LLB) and
Yale University (LLM).
Monique Mercier retired in December 2018 from
TELUS Corporation, where she was Executive Vice President,
Corporate Affairs, Chief Legal and Governance Officer since 2014.
Ms. Mercier has been a senior executive in telecom, health and
information industry for most of her career, including two decades
at TELUS and Emergis where she led a number of corporate functions.
She is a graduate from Oxford University, where she was awarded the
Commonwealth Scholarship. She is currently a director of Innergex
Renewable Energy Inc., Canadian Cancer Research Society, and Bank
of Canada. Ms. Mercier was formerly a director of Stornoway Diamond
Corporation, Vancouver Symphony Orchestra, and Legal Leaders for
Diversity Trust.
Results of the Meeting
The Company is reporting on voting results of
its Meeting held on Thursday, May 2, 2019 in Toronto, Ontario,
Canada. The summary of the results are as follows:
Total Shares Voted: |
323,683,513 |
Total Shares Issued and Outstanding: |
389,074,406 |
Total Percentage of Shares Voted: |
83.19% |
1. Election of
Directors
Each of the nominee directors listed in Alamos’ management proxy
circular dated March 22, 2019 was elected as a director as set
forth in the table below:
Name of
Nominee |
Vote
For |
% |
Withheld
Vote |
% |
Elaine Ellingham |
296,094,359 |
99.65 |
1,051,173 |
0.35 |
David Fleck |
295,884,780 |
99.58 |
1,260,752 |
0.42 |
David Gower |
277,672,527 |
93.45 |
19,473,006 |
6.55 |
Claire M. Kennedy |
293,810,861 |
98.88 |
3,334,671 |
1.12 |
John A. McCluskey |
248,974,596 |
83.79 |
48,170,936 |
16.21 |
Monique Mercier |
296,031,167 |
99.62 |
1,114,365 |
0.38 |
Paul J. Murphy |
235,794,666 |
79.35 |
61,350,866 |
20.65 |
J. Robert S. Prichard |
289,983,912 |
97.59 |
7,161,620 |
2.41 |
Ronald E. Smith |
295,932,234 |
99.59 |
1,213,299 |
0.41 |
Kenneth Stowe |
293,407,560 |
98.74 |
3,737,972 |
1.26 |
2. Appointment and Compensation of Auditors
KPMG LLP was appointed as the Company’s auditor and the
directors were authorized to fix the auditor’s remuneration.
|
Vote
For |
% |
Withheld
Vote |
% |
KPMG LLP |
321,453,588 |
99.31 |
2,229,925 |
0.69 |
3. Long-Term Incentive Plan
The resolution approving the Company’s Long-Term Incentive Plan
was approved.
|
Vote
For |
% |
Vote
Against |
% |
Long-Term Incentive Plan |
199,867,743 |
67.26 |
97,277,790 |
32.74 |
4. Employee Share Purchase Plan
The resolution approving the Company’s Employee Share Purchase
Plan was approved.
|
Vote
For |
% |
Vote
Against |
% |
ESPP |
295,386,993 |
99.41 |
1,758,538 |
0.59 |
5. Shareholder Rights Plan
The resolution approving the Company’s Fourth Amended and
Restated Shareholder Rights Plan was approved.
|
Vote
For |
% |
Vote
Against |
% |
Shareholder Rights Plan |
289,685,568 |
97.49 |
7,459,965 |
2.51 |
6. Approval of Approach to Executive
Compensation
The non-binding advisory resolution approving the Company’s
approach to Executive Compensation was passed.
|
Vote
For |
% |
Vote
Against |
% |
Executive Compensation |
238,578,170 |
80.29 |
58,567,361 |
19.71 |
About Alamos
Alamos is a Canadian-based intermediate gold producer with
diversified production from four operating mines in North America.
This includes the Young-Davidson and Island Gold mines in northern
Ontario, Canada and the Mulatos and El Chanate mines in Sonora
State, Mexico. Additionally, the Company has a significant
portfolio of development stage projects in Canada, Mexico, Turkey,
and the United States. Alamos employs more than 1,700 people and is
committed to the highest standards of sustainable development. The
Company’s shares are traded on the TSX and NYSE under the symbol
“AGI”.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Scott K. Parsons Vice President, Investor
Relations(416) 368-9932 x 5439
All amounts are in United States dollars, unless otherwise
stated.
Cautionary Note
The TSX and NYSE have not reviewed and do not
accept responsibility for the adequacy or accuracy of this release.
No stock exchange, securities commission or other regulatory
authority has approved or disapproved the information contained
herein.
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