Euro Sun Announces 2020 Annual Meeting Results
Euro Sun Mining Inc.,
(TSX: ESM) (“Euro
” or the “Company
”) reports, in
accordance with the policies of the Toronto Stock Exchange, that
the nominees listed in the Management Information Circular dated
July 3, 2020 (the “Circular
”) for the 2020 Annual
Meeting of shareholders of the Company (the
”) were elected as directors of the
Company. 40.33% of all of the issued and outstanding shares of the
Company were represented at the Meeting.
Detailed results of the vote for the election of
directors held at the Meeting on July 31, 2020 in Toronto, Ontario
are set out below.
Election of Directors
The shareholders approved the election as directors of the
persons listed below, based on the following vote.
% Votes For
% Votes Withheld
G. Scott Moore
David C. Danziger
Paul J. Perrow
Shareholders at the annual meeting also approved
the appointment of the Company's auditors.
Following the filing and mailing of the
Circular, the board of directors of the Company determined to
withdraw the resolutions approving the Company’s stock option plan
and the changes to the deferred share unit plan given the feedback
from ISS and Glass Lewis and the fact that the board has retained a
consultant to review the compensation policies of the Company.
Accordingly, those resolutions were not be put to shareholders at
Euro Sun’s board would like to express its
gratitude to its shareholders for their continued support.
About Euro Sun Mining Inc.
Euro Sun is a Toronto Stock Exchange listed
mining company focused on the exploration and development of its
100%-owned Rovina Valley gold and copper project located in
west-central Romania, which hosts the second largest gold deposit
For further information about Euro Sun Mining,
or the contents of this press release, please contact Investor
Relations at firstname.lastname@example.org
Caution regarding forward-looking
This press release contains "forward-looking
information" within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, without
limitation, statements regarding the election of directors and the
Company’s stock option plan and deferred share unit plan.
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information, including risks inherent in the mining
industry and risks described in the public disclosure of the
Company which is available under the profile of the Company on
SEDAR at www.sedar.com and on the Company's website
at www.eurosunmining.com. Although the Company has attempted
to identify important factors that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking information. The Company does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.
The TSX does not accept responsibility for the
adequacy or accuracy of this news release.
66 Wellington Street West, Suite 5300, TD Bank
Tower Box 48, Toronto ON M5K 1E6, Canada.