Seabridge Gold Reports on Results of Annual Meeting of Shareholders
June 28 2018 - 3:00PM
Seabridge Gold (TSX:SEA) (NYSE:SA)
(the
“Company”) today provided the results of its annual general meeting
of shareholders held on June 27, 2018. A total of
36,966,958 common shares were voted at the
meeting, representing
62.21% of the issued and
outstanding common shares of the Company on the record date. All
matters presented for approval at the meeting were duly authorized
and approved, as follows:
- Fixing the number of
directors at eight;
- Election of all management nominees
to the board of directors of the Company;
- Appointment of KPMG LLP as auditor
of the Company for the ensuing year;
- Authorization of the directors to
fix the auditors remuneration;
- Approval of an increase in the
shares reserved for issue under the Corporation’s Stock Option Plan
and Restricted Share Unit Plan.
- Approval, by disinterested
shareholders, of option grants to directors of the Company.
- Approval, by disinterested
shareholders, of a proposed option grant to a new director.
Detailed voting results for the election of
directors were as follows:
Director |
Votes For |
Votes Withheld |
Percentage For |
A. Frederick Banfield |
17,226,739 |
2,894,818 |
85.61 |
Rudi P. Fronk |
19,912,686 |
208,871 |
98.96 |
Eliseo Gonzalez-Urien |
19,901,882 |
219,675 |
98.91 |
Richard C. Kraus |
19,912,106 |
209,451 |
98.96 |
Jay S. Layman |
19,915,927 |
205,630 |
98.98 |
Clem Pelletier |
19,905,029 |
216,528 |
98.92 |
John W. Sabine |
19,903,215 |
218,342 |
98.91 |
Gary A. Sugar |
19,813,472 |
308,085 |
98.47 |
A total of 16,845,401 shares were “non-votes”
under U.S. proxy rules and were not cast with respect to the
election of each of the directors or the approval of the stock
option grants to directors.
All of the eight above-listed directors were elected to the
Board.
Commenting on the AGM, Seabridge Chairman and CEO welcomed Clem
Pelletier as a new director to the company. “Although Clem is new
to the board, his involvement and knowledge of KSM is extensive.
Clem acted as the lead environmental consultant to the Company
starting in 2008 when we filed the initial KSM project description
document with the regulators, and continued to shepherd KSM through
the environmental assessment process through its successful
completion in late 2014.”
Seabridge holds a 100% interest in several North
American gold projects. The Company’s principal assets are the KSM
property located near Stewart, British Columbia, Canada and the
Courageous Lake gold project located in Canada’s Northwest
Territories. For a breakdown of Seabridge’s mineral reserves and
mineral resources by category please visit the Company’s website at
http://www.seabridgegold.net/resources.php.
Neither the Toronto Stock Exchange, New
York Stock Exchange, nor their Regulation Services Providers
accepts responsibility for the adequacy or accuracy of this
release.
ON BEHALF OF THE
BOARD"Rudi Fronk" Chairman & C.E.O.
For further information please contact:Rudi P.
Fronk, Chairman and C.E.O.Tel: (416) 367-9292 • Fax:
(416) 367-2711Email: info@seabridgegold.net
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