VANCOUVER, July 27, 2015 /CNW/ - China Gold
International Resources Corp. Ltd. (TSX: CGG; HKEx: 2099) (the
"Company" or "China Gold International Resources") is pleased to
announce the voting results and the re-election of its Board of
Directors at the Company's annual general and special meeting of
shareholders (the "AGM") held on June
30, 2015.
All director nominees were re-elected to the Board of Directors
and the detailed results of the vote are presented below:
|
Director
Nominee
|
Results of
Election
|
For
(%)
|
Withheld
(%)
|
Total
|
|
Xin Song
|
Elected
|
207,780,172 (95.77%)
|
9,169,920 (4.23%)
|
216,950,092 (100%)
|
|
Bing Liu
|
Elected
|
209,673,830 (96.55%)
|
7,276,262 (3.35%)
|
216,950,092 (100%)
|
|
Lianzhong
Sun
|
Elected
|
207,771,061 (95.77%)
|
9,179,031 (4.23%)
|
216,950,092 (100%)
|
|
Liangyou
Jiang
|
Elected
|
209,766,454 (96.69%)
|
7,183,638 (3.31%)
|
216,950,092 (100%)
|
|
Ying Bing Ian
He
|
Elected
|
195,720,749 (90.21%)
|
21,229,343 (9.79%)
|
216,950,092 (100%)
|
|
Yunfei
Chen
|
Elected
|
215,994,560 (99.56%)
|
955,532 (0.44%)
|
216,950,092 (100%)
|
|
Gregory Clifton
Hall
|
Elected
|
206,635,998 (95.25%)
|
10,314,094 (4.75%)
|
216,950,092 (100%)
|
|
John King
Burns
|
Elected
|
215,995,460 (99.56%)
|
954,632 (0.44%)
|
216,950,092 (100%)
|
|
Xiangdong
Jiang
|
Elected
|
193,961,719 (89.40%)
|
22,988,373 (10.60%)
|
216,950,092 (100%)
|
The results of votes on additional matters of business
considered at the AGM are shown in two tables below:
Table 1:
|
Resolution
|
Results of
Election
|
For
(%)
|
Withheld
(%)
|
Total
|
|
To appoint
Deloitte
Touche Tohmatsu as
the auditors of the
Company and
authorize the board of
directors to fix their
remuneration
|
Approved
|
231,026,451 (99.99%)
|
15,323 (0.01%)
|
231,041,774 (100%)
|
Table 2:
|
Resolution
|
Results of
Election
|
For
(%)
|
Against
(%)
|
Total
|
|
To grant to the
board
of directors a general
mandate to allot,
issue and otherwise
deal with unissued
shares not exceeding
20% of the issued
share capital of the
Company
|
Approved
|
191,496,959 (88.28%)
|
25,427,949 (11.72%)
|
216,924,908 (100%)
|
|
To grant to the
board
of directors a general
mandate to
repurchase shares
not exceeding 10% of
the issued share
capital of the
Company
|
Approved
|
216,889,571 (99.98%)
|
35,337 (0.02%)
|
216,924,908 (100%)
|
|
To extend the
share
allotment mandate by
the addition thereto of
the shares
repurchased by the
Company
|
Approved
|
191,517,637 (88.29%)
|
25,407,271 (11.71%)
|
216,924,908 (100%)
|
|
To approve the
revision to the
Product and Service
Framework
Agreement and the
transactions
contemplated
thereunder
|
Approved
|
62,530,825 (99.93%)
|
45,353 (0.07%)
|
62,576,178 (100%)
|
|
To approve the
revised proposed
annual cap for the
year ending
December 31, 2015
contemplated under
the Product and
Service Framework
Agreement
|
Approved
|
62,537,626 (99.94%)
|
38,552 (0.06%)
|
62,576,178 (100%)
|
|
To approve the
proposed annual caps
for the two years
ending December 31,
2016 and 2017
contemplated under
the Product and
Service Framework
Agreement
|
Approved
|
62,552,937 (99.96%)
|
23,241 (0.04%)
|
62,576,178 (100%)
|
|
To approve the
Financial Services
Agreement and the
transactions
contemplated
thereunder
|
Approved
|
37,168,009 (59.40%)
|
25,408,169 (40.60%)
|
62,576,178 (100%)
|
|
To approve the
proposed daily
monetary caps
contemplated under
the Financial Services
Agreement for the
three years ending
December 31, 2015,
2016 and 2017
|
Approved
|
37,173,075 (59.40%)
|
25,403,103 (40.60%)
|
62,576,178 (100%)
|
|
To authorize any
one
director of the
Company to do such
further acts and things
and to execute or
cause to be executed,
and to deliver or
cause to be delivered,
such other documents
and instruments, and
to take all such steps
which in the opinion of
such director of the
Company do or cause
to be done all such
other acts and things,
necessary or
desirable to
implement and/or
carry out and/or give
effect to the terms of
the foregoing
Resolutions
|
Approved
|
44,094,721 (70.47%)
|
18,480,257 (29.53%)
|
62,574,978 (100%)
|
For a detailed look at the voting results please visit the
Company's website at www.chinagoldintl.com or SEDAR at
www.sedar.com.
About China Gold International Resources
China Gold International Resources Corp. Ltd. is based in
Vancouver, BC, Canada and operates both profitable and
growing mines, the CSH Gold Mine in Inner Mongolia, and the Jiama
Copper-Gold Polymetallic Mine in Tibet Autonomous Region of
the People's Republic of China.
The Company's objective is to continue to build shareholder value
by growing production at its current mining operations, expanding
its resource base, and aggressively acquiring and developing new
projects internationally. The Company is listed on the Toronto
Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange
of Hong Kong Limited (HKEx: 2099).
Cautionary Note About Forward-Looking
Statements
Certain information regarding China Gold International
Resources contained herein may constitute forward-looking
statements within the meaning of applicable securities laws.
Forward-looking statements may include estimates, plans,
expectations, opinions, forecasts, projections, guidance or other
statements that are not statements of fact. Although China Gold
International Resources believes that the expectations reflected in
such forward-looking statements are reasonable, it can give no
assurance that such expectations will prove to have been correct.
China Gold International Resources cautions that actual performance
will be affected by a number of factors, most of which are beyond
its control, and that future events and results may vary
substantially from what China Gold International Resources
currently foresees. Factors that could cause actual results to
differ materially from those in forward-looking statements include
market prices, exploitation and exploration results, continued
availability of capital and financing and general economic, market
or business conditions. The forward-looking statements are
expressly qualified in their entirety by this cautionary statement.
The information contained herein is stated as of the current date
and subject to change after that date.
SOURCE China Gold International Resources Corp. Ltd.