Centerra Gold's Annual Meeting Results Overview
Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) recently concluded its Annual Meeting of Shareholders with significant outcomes regarding the company’s leadership and governance. The meeting, attended by shareholders representing 76.22% of all common shares, showcased the engagement of investors in the company's future.
Election of Directors
At the meeting, shareholders successfully elected all nominees for director positions as proposed in Centerra's management information circular. This is a positive indicator of shareholder trust and confidence in the company’s leadership team.
Detailed Voting Results for Director Elections
Outlined below are the election results for key nominees:
Election Highlights
1. **Karen David-Green** received 150,475,238 votes in favor, equating to 99.73% support from shareholders, with only 401,434 votes against.
2. **Wendy Kei** was elected with 149,249,333 votes (98.92%) for and 1,627,338 against.
3. **Nancy Lipson** secured 150,467,060 votes (99.73%), with 409,611 opposing her election.
4. Other directors such as **Craig MacDougall**, **Michael S. Parrett**, **Jacques Perron**, and **Paul Tomory** also saw overwhelmingly positive results, with all receiving over 98% votes in favor.
Appointment of Auditors
The shareholders voted in favor of re-appointing KPMG LLP as the company's auditors, solidifying the confidence in their financial oversight. The voting results showed 152,572,682 votes for the appointment, which represents 95.92%, with 6,481,967 votes withheld.
Executive Compensation Approval
In a non-binding advisory vote, shareholders approved the company's approach to executive compensation, reflecting a broad approval of management practices. The support was strong, with 148,851,215 votes or 98.66% for the compensation strategy.
About Centerra Gold
Centerra Gold Inc. is a leading Canadian-based gold mining company dedicated to exploring and developing gold and copper properties. Centerra operates two primary mines: the Mount Milligan Mine in British Columbia and the Öksüt Mine in Türkiye. The company also holds significant projects including the Kemess Project in British Columbia and the Goldfield Project in Nevada. Centerra’s stocks are available for trading on both the Toronto Stock Exchange (TSX: CG) and the New York Stock Exchange (NYSE: CGAU), continuing to enhance shareholder value through operational success.
Contact Information
For further inquiries, reach out to:
Lisa Wilkinson
Vice President, Investor Relations & Corporate Communications
(416) 204-3780
Lisa.Wilkinson@centerragold.com
Frequently Asked Questions
What were the main outcomes of the Annual Meeting?
The Annual Meeting resulted in the election of all proposed directors and the re-appointment of KPMG LLP as auditors.
How did shareholders vote on the executive compensation?
The compensation approach received strong approval, with 98.66% supporting the non-binding resolution.
Where does Centerra Gold operate?
Centerra Gold operates mines in Canada and Türkiye and has significant projects in North America.
How can I contact Centerra Gold for more information?
You can reach out to Lisa Wilkinson, Vice President of Investor Relations, at (416) 204-3780 or via email at Lisa.Wilkinson@centerragold.com.
What are the ticker symbols for Centerra Gold?
Centerra Gold is traded on the Toronto Stock Exchange under the symbol CG and on the New York Stock Exchange as CGAU.
