Osisko Development Announces the Vote Results from Its Annual Meeting of Shareholders
May 13 2021 - 9:55AM
Osisko Development Corp. (“Osisko Development” or the “Company”)
(TSX.V-ODV) announces that, at the annual meeting of shareholders
held on May 12, 2021, each of the 7 nominees listed in the
management information circular filed on April 8, 2021 (the
“Circular”) with regulatory authorities were elected as directors
of the Corporation.
Election of Directors
Based on the proxies received and the votes by
ballot, the following individuals were elected as directors of the
Corporation until the next annual shareholders’ meeting, with the
following results:
RESOLUTION
No1Name of
Nominee |
Votes castFOR |
Percentage (%) of votes
castFOR |
VotesWITHHELD |
Percentage (%)WITHHELD |
John Burzynski |
112,345,469 |
99.42 |
654,494 |
|
0.58 |
Joanne Ferstman |
112,433,646 |
99.50 |
566,317 |
|
0.50 |
Michèle McCarthy |
112,992,544 |
99.99 |
7,419 |
|
0.01 |
Duncan Middlemiss |
112,991,544 |
99.99 |
8,419 |
|
0.01 |
Charles E. Page |
112,993,046 |
99.99 |
6,917 |
|
0.01 |
Sean Roosen |
111,985,646 |
99.10 |
1,014,317 |
|
0.90 |
Éric Tremblay |
112,994,546 |
99.99 |
5,417 |
|
0.01 |
Appointment and Remuneration of Auditor
Based on the proxies received and the votes by
ballot, PricewaterhouseCoopers, LLP, Chartered Professional
Accountants, was appointed as independent auditor of the
Corporation for the ensuing year and the directors are authorized
to fix its remuneration, with the following results:
RESOLUTION No2 |
Votes castFOR |
Percentage (%) of votes
castFOR |
VotesWITHHELD |
Percentage (%)WITHHELD |
Appointment and Remuneration of Auditor |
113,054,198 |
99.99 |
5,182 |
0.01 |
Approval of the Existing Stock Option Plan
Based on the proxies received and the votes by
ballot with respect to the adoption of an ordinary resolution to
approve the Corporation’s existing Stock Option Plan, the results
are as follows:
RESOLUTION No3 |
Votes castFOR |
Percentage (%) of votes
castFOR |
Votes castAGAINST |
Percentage (%)AGAINST |
Ordinary Resolution to approve the existing Stock Option Plan |
111,730,301 |
98.88 |
1,269,662 |
1.12 |
About Osisko Development
Corp.
Osisko Development Corp. is well-capitalized and
uniquely positioned as a premier gold development company in North
America to advance the Cariboo Gold Project and other Canadian and
Mexican properties, with the objective of becoming the next
mid-tier gold producer. The Cariboo Gold Project, located in
central British Columbia, is Osisko Development's flagship asset
with measured and indicated resources of 21.44 Mt at 4.60 Au g/t
for a total of 3.20 million ounces of gold and inferred resource of
21.69 Mt at 3.90 Au g/t for a total of 2.70 million ounces of gold
(see NI 43-101 Technical Report for resource October 5th , 2020).
The considerable exploration potential at depth and along strike
distinguishes the Cariboo Gold Project relative to other
development assets as does the historically low, all-in discovery
costs of US $19 per ounce. The Cariboo Gold Project is advancing
through permitting as a 4,750 tonnes per day underground operation
with a feasibility study on track for completion in the second half
of 2021. Osisko Development's project pipeline is complemented by
potential near-term production targeted from the San Antonio gold
project, located in Sonora Mexico and early exploration stage
properties including the Coulon Project and James Bay Properties
located in Québec as well as the Guerrero Properties located in
Mexico. Osisko Development began trading on the TSX Venture
Exchange under the symbol "ODV" on December 2, 2020
For further information,
please contact Osisko Development Corp.: |
Jean Francois LemondeVice
President, Investor RelationsTel. (514) 299-4926Email :
jflemonde@osiskodev.com |
Osisko Development (TSXV:ODV)
Historical Stock Chart
From Jun 2024 to Jul 2024
Osisko Development (TSXV:ODV)
Historical Stock Chart
From Jul 2023 to Jul 2024