TORONTO, May 5, 2023
/CNW/ - Argonaut Gold Inc. (TSX: AR) (the "Company",
"Argonaut Gold" or "Argonaut") is pleased to announce the
voting results obtained at the Company's Annual General and Special
Meeting of Shareholders held earlier today. A total of 521,935,132
shares, representing 62.22% of the Company's issued and outstanding
shares, were voted at the meeting. The voting results are as
follows:
Set the Number of Directors to Seven
|
Votes
"For"
|
% For
|
Votes
"Against"
|
%
Against
|
|
493,392,070
|
99.90 %
|
506,595
|
0.10 %
|
Election of Directors
|
Director
|
Votes "For"
|
% For
|
Votes
"Withheld"
|
% Withheld
|
|
James E. Kofman
|
479,652,658
|
97.12 %
|
14,246,007
|
2.88 %
|
|
Richard
Young
|
493,254,274
|
99.87 %
|
644,391
|
0.13 %
|
|
Ian Atkinson
|
478,099,436
|
96.80 %
|
15,799,229
|
3.20 %
|
|
Stephen Lang
|
449,428,891
|
91.01 %
|
44,419,774
|
8.99 %
|
|
Dale C. Peniuk
|
479,836,772
|
97.15 %
|
14,061,893
|
2.85 %
|
|
Paula Rogers
|
479,074,821
|
97.00 %
|
14,823,844
|
3.00 %
|
|
Audra B. Walsh
|
479,822,527
|
97.15 %
|
14,076,138
|
2.85 %
|
Appointment of PricewaterhouseCoopers LLP as Auditors
|
Votes
"For"
|
% For
|
Votes
"Withheld"
|
%
Withheld
|
|
521,434,991
|
99.90 %
|
500,141
|
0.10 %
|
Approval of Share Incentive Plan
|
Votes
"For"
|
% For
|
Votes
"Against"
|
%
Against
|
|
404,365,375
|
81.87 %
|
89,533,290
|
18.13 %
|
Executive Compensation Approach
|
Votes
"For"
|
% For
|
Votes
"Against"
|
%
Against
|
|
472,152,145
|
95.60 %
|
21,746,520
|
4.40 %
|
About Argonaut Gold
Argonaut Gold is a Canadian gold company with a portfolio of
operations and multi-stage assets in North America. Focused on becoming a low-cost
mid-tier gold producer, the Company is in the final stages of
construction at its Magino project, located in Ontario, Canada. Magino is expected to achieve
commercial production in the third quarter of 2023 and become
Argonaut's largest and lowest cost mine. The commissioning of
Magino will be the first step in transforming the Company as it
enters a pivotal growth stage. The Company also has three operating
mines including the Florida Canyon mine in Nevada, USA, where it is pursuing potential
for redevelopment and additional growth, La Colorada mine in Sonora, Mexico and San Agustin mine in Durango, Mexico. Argonaut Gold trades on the
Toronto Stock Exchange (TSX) under the ticker symbol "AR".
SOURCE Argonaut Gold