Troilus Announces AGM Results
December 15 2021 - 4:00PM
Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the
“Company”), reports, in accordance with the policies of the Toronto
Stock Exchange, that the nominees listed in the Management
Information Circular dated November 8, 2021 for the Annual General
Meeting of Shareholders of the Company (the “Meeting”) were elected
as directors of the Company. Over 43% 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 December 15, 2021 in Toronto,
Ontario are set out below.
The shareholders approved the election as
directors of the persons listed below, based on the following
vote.
Board of Director Nominees |
% Votes For |
% Votes Withheld |
Justin Reid |
99.95 |
0.05 |
Diane Lai |
99.97 |
0.03 |
Hon. Pierre Pettigrew |
99.76 |
0.24 |
Jamie Horvat |
99.9 |
0.1 |
Tom Olesinski |
99.9 |
0.1 |
Eric Lamontagne |
99.76 |
0.24 |
John Hadjigeorgiou |
99.7 |
0.3 |
Shareholders at the annual meeting also approved
the appointment of the Company's auditors.
Mr. Andrew Cheatle did not stand for re-election
as a director and ceased to be a director effective December 15,
2021. Troilus thanks Mr. Cheatle for his time, service, and
contributions during his tenure.
Troilus’ board would also like to express its
gratitude to its shareholders for their continued support.
Troilus Gold Corp. is a Canadian-based junior
mining company focused on the systematic advancement and de-risking
of the former gold and copper Troilus Mine towards production. From
1996 to 2010, the Troilus Mine produced +2 million ounces of gold
and nearly 70,000 tonnes of copper. Troilus is located in the
top-rated mining jurisdiction of Quebec, Canada, where is holds a
strategic land position of 1,420 km² in the Frôtet-Evans Greenstone
Belt. Since acquiring the project in 2017, ongoing exploration
success has demonstrated the tremendous scale potential of the gold
system on the property with significant mineral resource growth.
The Company is advancing engineering studies following the
completion of a robust PEA in 2020, which demonstrated the
potential for the Troilus project to become a top-ranked gold and
copper producing asset in Canada. Led by an experienced team with a
track-record of successful mine development, Troilus is positioned
to become a cornerstone project in North America.
For more information:
Caroline Arsenault VP Corporate
Communications +1 (647) 407-7123 info@troilusgold.com
Cautionary statements
This press release contains “forward‑looking
information” within the meaning of applicable Canadian securities
legislation. Forward‑looking information includes, but is not
limited to, statements regarding, the impact of the results on the
Company and the receipt of any required regulatory approvals.
Generally, forward-looking statements can be identified by the use
of forward-looking terminology such as “plans”, “expects” or “does
not expect”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “continue”, “anticipates” or “does not
anticipate”, or “believes”, or variations of such words and phrases
or statements that certain actions, events or results “may”,
“could”, “would”, “will”, “might” or “will be taken”, “occur” or
“be achieved”. Forward-looking statements are made based upon
certain assumptions and other important facts that, if untrue,
could cause the actual results, performances or achievements of
Troilus to be materially different from future results,
performances or achievements expressed or implied by such
statements. Such statements and information are based on numerous
assumptions regarding present and future business strategies and
the environment in which Troilus will operate in the future.
Certain important factors that could cause actual results,
performances or achievements to differ materially from those in the
forward-looking statements include, amongst others, currency
fluctuations, the global economic climate, dilution, share price
volatility and competition. Forward-looking statements are subject
to known and unknown risks, uncertainties and other important
factors that may cause the actual results, level of activity,
performance or achievements of Troilus to be materially different
from those expressed or implied by such forward-looking statements,
including but not limited to: the impact the COVID 19 pandemic may
have on the Company’s activities (including without limitation on
its employees and suppliers) and the economy in general; the impact
of the recovery post COVID 19 pandemic and its impact on gold and
other metals; there being no assurance that the exploration program
or programs of the Company will result in expanded mineral
resources; risks and uncertainties inherent to mineral resource
estimates; the high degree of uncertainties inherent to preliminary
economic assessments and other mining and economic studies which
are based to a significant extent on various assumptions;
variations in gold prices and other precious metals, exchange rate
fluctuations; variations in cost of supplies and labour; receipt of
necessary approvals; general business, economic, competitive,
political and social uncertainties; future gold and other metal
prices; accidents, labour disputes and shortages; environmental and
other risks of the mining industry, including without limitation,
risks and uncertainties discussed in the Technical Report and in
other continuous disclosure documents of the Company available
under the Company’s profile at www.sedar.com. Although Troilus has
attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such statements 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 statements. Troilus does
not undertake to update any forward-looking statements, except in
accordance with applicable securities laws.
Troilus Gold (TSX:TLG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Troilus Gold (TSX:TLG)
Historical Stock Chart
From Apr 2023 to Apr 2024