Candente Copper Corp. announces Election of Directors and Voting Results for the 2021 Annual General Meeting
June 29 2021 - 7:00AM
Candente Copper Corp. (TSX:DNT, BVL:DNT) ("Candente” or the
“Company”) is pleased to announce the voting results for its Annual
General Meeting of shareholders held Monday, June 28th, 2021 in
Vancouver, British Columbia.
A total of 79,791,878 common shares,
representing 31.09% of the Company’s issued and outstanding shares
were represented at the Meeting.
The following sets forth a summary of the voting
results:
Number of DirectorsDetermining
the number of Directors at six (6).
Votes
For: |
99.93% |
Votes Against: |
0.07 % |
Election of
DirectorsDetermining the Directors to hold office until
the next annual meeting of shareholders of the Company.
|
Votes For |
Votes Withheld |
Giulio Bonifacio |
99.79% |
0.21% |
George Elliott |
99.80% |
0.20% |
Joanne C. Freeze |
99.72% |
0.28% |
Andres J. Milla |
99.78% |
0.22% |
Christine Nicolau |
99.74% |
0.26% |
Sean I. Waller |
99.72% |
0.28% |
Appointment of
AuditorAppointing Davidson and Company LLP, Chartered
Professional Accountants, as Auditors of the Company for the
ensuing year at a remuneration to be fixed by the Directors.
Votes
For: |
99.82 % |
Votes Withheld: |
0.18 % |
Other MattersApproving, other
business as may properly come before the Meeting or any adjournment
thereof.
Votes
For: |
36.58 % |
Votes Against: |
63.42 % |
About Candente Copper
Candente Copper is a mineral exploration company
engaged in the acquisition, exploration, and development of mineral
properties. The Company is predominantly focused on its 100% owned
Cañariaco project, which includes the Feasibility stage Cañariaco
Norte deposit as well as the Cañariaco Sur deposit and Quebrada
Verde prospect, located within the western Cordillera of the
Peruvian Andes in the Department of Lambayeque in Northern
Peru.
Please see
https://www.candentecopper.com/investors/presentations for details
from previous resource and engineering studies which delineated 9B
lbs copper, 2M oz gold and 54M oz silver in: Measured and Indicated
Resources of 752.4 million tonnes grading 0.45% copper, 0.07 grams
per tonne (“g/t”) gold and 1.9 g/t silver (0.52% Cu equivalent)
containing 7.533 B lb Cu, 1.67 M oz Au and 45.24 M oz Ag and
Inferred Resources of 157.7 million tonnes grading 0.44% copper,
0.06 g/t gold and 1.8 g/t silver containing 1.434 B lb Cu, 0.3M oz
Au and 8.932 M oz Ag.
Details from the Cañariaco Norte Copper Project
Pre-Feasibility Study Progress Report available at
https://www.candentecopper.com/site/assets/files/5389/canariaco-pfs.pdf
estimate NPVs and IRRs of $1.06B and 17.5% at $2.50 Cu and $1.56B
and 21.5% at $2.90 Cu. The Incentive Price for Cañariaco Norte is
in the lowest quartile of top 84 copper projects worldwide named by
Goldman Sachs. Cash Costs are also in lowest quartile of the copper
industry.
Joanne C. Freeze, P.Geo., CEO, is the Qualified
Person as defined by National Instrument 43-101 for the projects
discussed above. She has reviewed and approved the contents of this
release.This news release may contain forward-looking statements
including but not limited to comments regarding timing and content
of upcoming work programs, geological interpretations, receipt of
property titles, potential mineral recovery processes, etc.
Forward-looking statements address future events and conditions and
therefore involve inherent risks and uncertainties. Actual results
may differ materially
On behalf of the Board of Candente
Copper Corp.
“Joanne C. Freeze” P.Geo.President, CEO and
Director___________________________________For further information
please contact:
“Joanne C. Freeze” P.Geo.President, CEO and
DirectorTel +1
604-689-1957info@candentecopper.comwww.candentecopper.com
NR-133
Candente Copper (TSX:DNT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Candente Copper (TSX:DNT)
Historical Stock Chart
From Jul 2023 to Jul 2024