Seabridge Gold Reports on Results of Annual Meeting of Shareholders
June 30 2016 - 1:15PM
Seabridge Gold (the “Company”) (TSX:SEA) (NYSE:SA) today
provided the results of its annual general meeting of shareholders
held on June 29, 2016. A total of
33,579,351
common shares were voted at the meeting, representing
63.79% of the issued and outstanding common shares
of the Company on the record date. All matters presented for
approval at the meeting were duly authorized and approved, as
follows:
- Election of all management nominees to the board of directors
of the Company;
- Appointment of KPMG LLP as auditor of the Company for the
ensuing year;
- Authorization of the directors to fix the auditors
remuneration;
- Approval of an increase in the shares reserved for issue under
the Company’s Stock Option Plan; and
- Approval, by disinterested shareholders, of an option grant to
a new director of the Company.
Detailed voting results for the election of
directors were as follows:
|
|
|
|
Director |
Votes For |
Votes Withheld |
Percentage For |
A. Frederick Banfield |
15,273,587 |
1,239,225 |
92.50 |
D. Scott Barr |
16,354,178 |
158,634 |
99.04 |
Eliseo Gonzalez-Urien |
16,347,178 |
165,634 |
99.00 |
Richard C. Kraus |
16,409,910 |
102,902 |
99.38 |
Jay S. Layman |
16,396,075 |
116,737 |
99.29 |
John W. Sabine |
16,382,624 |
130,188 |
99.21 |
Gary A. Sugar |
16,377,694 |
135,118 |
99.18 |
Rudi P. Fronk |
16,411,017 |
101,795 |
99.38 |
|
|
|
|
A total of 17,066,539 shares were “non-votes”
under U.S. proxy rules and were not cast with respect to the
election of each of the directors and the approval of the stock
option grants to directors.
All of the eight above-listed directors were re-elected to the
Board.
Seabridge holds a 100% interest in several North
American gold projects. The Company’s principal assets are the KSM
property located near Stewart, British Columbia, Canada and the
Courageous Lake gold project located in Canada’s Northwest
Territories. For a breakdown of Seabridge’s mineral reserves and
mineral resources by category please visit the Company’s website at
http://www.seabridgegold.net/resources.php.
ON BEHALF OF THE
BOARD
"Rudi Fronk" Chairman & C.E.O.
For further information please contact:
Rudi P. Fronk, Chairman and C.E.O.
Tel: (416) 367-9292
Fax: (416) 367-2711
Email: info@seabridgegold.net
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