Dundee Precious Metals Shares Positive Voting Outcomes for Directors
Dundee Precious Metals Reports Successful Voting Results
Dundee Precious Metals Inc. (TSX: DPM) recently shared the results of its Annual and Special Meeting of Shareholders, where a significant number of shares were cast via live broadcast. With 132,500,374 common shares represented, the meeting saw a remarkable participation rate of around 77.83% of all outstanding shares.
Election of Directors: Strong Shareholder Support
The election of directors was one of the key highlights of the meeting. Each nominee detailed in the management information circular received substantial backing from shareholders. Notably, Dr. Nicole Adshead-Bell garnered an impressive 98.65% approval, while David Rae achieved an outstanding 99.73% support rate.
Detailed Voting Results
The voting results for the director nominations were as follows:
- Dr. Nicole Adshead-Bell: 128,441,162 votes in favour (98.65%)
- Robert M. Bosshard: 128,024,485 votes in favour (98.33%)
- Jaimie Donovan: 128,307,124 votes in favour (98.55%)
- Kalidas Madhavpeddi: 128,296,025 votes in favour (98.54%)
- Juanita Montalvo: 128,155,320 votes in favour (98.43%)
- David Rae: 129,854,526 votes in favour (99.73%)
- Marie-Anne Tawil: 128,443,564 votes in favour (98.65%)
Appointment of Auditor
During the meeting, shareholders also voted to appoint PricewaterhouseCoopers LLP as the Company's auditor, showcasing confidence in their auditing capabilities. The resolution passed with 91.82% of the total votes in favour, reflecting strong trust in the firm’s financial oversight.
Voting Breakdown for Auditor Appointment
Here are the results:
- Votes in favour: 121,668,462
- Votes withheld: 10,831,912
Shareholder Rights Plan Approved
Another significant agenda item was the approval of the Shareholder Rights Plan, which also received overwhelming support, with 96.51% of the votes cast in favour.
Shareholder Rights Plan Voting Details
The voting results were as follows:
- Votes in favour: 125,650,359
- Votes against: 4,549,981
Executive Compensation Strategy Endorsed
Shareholders showcased their support for Dundee Precious Metals' executive compensation strategy, with the advisory resolution passing by 99.04%. This outcome demonstrates a robust endorsement of the Company’s governance practices.
Voting Results for Executive Compensation
Key voting details included:
- Votes in favour: 128,947,682
- Votes against: 1,252,688
About Dundee Precious Metals Inc.
Dundee Precious Metals Inc. is a dynamic Canadian-based international gold mining entity. The Company operates various projects located across regions with promising mining opportunities, aiming to evolve into a mid-tier player within the precious metals sector. With a strategic focus on sustainable and responsible production, Dundee Precious Metals is keen on enhancing its mineral reserve base and production capabilities for long-term growth.
Contact Information
If you're looking for more details, please reach out to:
Jennifer Cameron
Director, Investor Relations
Tel: (416) 219-6177
jcameron@dundeeprecious.com
Frequently Asked Questions
What were the voting results for the director elections?
All proposed directors received significant support, with most nominees receiving approval rates exceeding 98%.
Who was appointed as the auditor for Dundee Precious Metals?
PricewaterhouseCoopers LLP was appointed as the auditor, receiving 91.82% support in the voting.
What was the outcome of the Shareholder Rights Plan vote?
The Company’s Shareholder Rights Plan was overwhelmingly approved by shareholders, with 96.51% of votes in favour.
What percentage of votes supported the executive compensation strategy?
The executive compensation advisory vote received a strong endorsement, passing with 99.04% in favour.
Where can I find more information about Dundee Precious Metals?
For further inquiries, please reach out to Jennifer Cameron, the Director of Investor Relations at Dundee Precious Metals.
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