Nevada Copper Announces Shareholder Meeting Results
June 30 2021 - 04:40PM
Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF)
(“
Nevada Copper” or
“
Company”
) is pleased to announce
the results from its 2021 Annual and Special Meeting of
shareholders (the “
Meeting”), held today in
Vancouver. Shareholders holding a total of 1,144,460,858 common
shares of the Company (“
Common Shares”) were
represented by proxy at the Meeting, representing approximately 63%
of the total 1,828,457,695 Common Shares outstanding as of the
record date. Shareholders voted in favour of all items of business
before the Meeting.
Voting Details
The following eight persons were elected as
Directors of the Company until the next annual shareholder meeting
of the Company or until their successors are elected or appointed,
with the voting results shown below:
Director |
Votes For |
% For |
Votes Withheld |
% Withheld |
Tom Albanese |
1,059,795,954 |
99.89% |
1,126,670 |
0.11% |
Michael Brown |
1,059,029,314 |
99.82% |
1,893,310 |
0.18% |
Justin Cochrane |
1,059,494,404 |
99.87% |
1,428,220 |
0.13% |
Raffaele (Lucio) Genovese |
1,056,694,914 |
99.60% |
4,227,710 |
0.40% |
Stephen Gill |
1,059,726,136 |
99.89% |
1,196,488 |
0.11% |
Evgenij Iorich |
1,058,516,020 |
99.77% |
2,406,604 |
0.23% |
G. Ernest (Ernie) Nutter |
1,058,647,323 |
99.79% |
2,275,301 |
0.21% |
Kate Southwell |
1,058,741,783 |
99.79% |
2,180,841 |
0.21% |
At the Meeting, the shareholders of the Company
also (i) fixed the number of Directors at eight for the ensuing
year, (ii) voted to appoint PricewaterhouseCoopers LLP as the
Company’s auditor and authorized the Directors to fix their
remuneration, (iii) approved all unallocated awards under the
Company’s Deferred Share Unit Plan, and (iv) approved a special
resolution with respect to the consolidation of all of the issued
and outstanding Common Shares on the basis of one (1)
post-consolidation Common Share for every ten (10)
pre-consolidation Common Shares (the “Share
Consolidation”). Approval of the special resolution with
respect to the Share Consolidation gives the Company’s board of
directors (the “Board”) the authority to implement
the Share Consolidation at any time prior to December 31, 2021.
Notwithstanding the foregoing, the Board retains the discretion to
not proceed with the Share Consolidation.
About Nevada Copper
Nevada Copper (TSX: NCU) is a copper producer
and owner of the Pumpkin Hollow copper project. Located in Nevada,
USA, Pumpkin Hollow has substantial reserves and resources
including copper, gold and silver. Its two fully permitted projects
include the high-grade underground mine and processing facility,
which is now in the production stage, and a large-scale open pit
project, which is advancing towards feasibility status.
NEVADA COPPER CORP.www.nevadacopper.com
Mike Ciricillo, President and CEO
For further information contact:Rich Matthews, Investor
RelationsIntegrous Communicationsrmatthews@integcom.us+1 604 757
7179
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