Voting Results Announced by BULGOLD for Shareholder Meeting
BULGOLD Inc. Shares Meeting Voting Results
BULGOLD Inc. (TSXV: ZLTO) has recently concluded its Annual General and Special Meeting of shareholders. During this meeting, significant decisions were made that will shape the company’s future and strategic directions.
Decisions Made at the Meeting
All agenda items proposed at the meeting were approved, reflecting strong shareholder support. This was notably highlighted by the election of the board of directors, comprising key individuals dedicated to guiding BULGOLD’s efforts in the gold exploration sector. The directors elected are:
New Board of Directors
Shareholders have elected a diverse group to the board, which includes:
- James A. Crombie
- Sean Hasson
- Colin Jones
- Laurie Marsland
- Dr. Mihaela Barnes
- Vanessa Cook
This newly formed board is tasked with overseeing BULGOLD's operations and implementing its strategic vision going forward.
Appointment of Auditors
During this meeting, BULGOLD shareholders also appointed McGovern Hurley LLP as the organization’s auditors. This decision ensures adherence to financial accountability standards, with the auditor's fee to be determined by the board.
Ratification of Equity Incentive Plan
A resolution ratifying BULGOLD’s 10% rolling equity incentive plan was also passed by the disinterested shareholders. This plan allows for the issuance of common shares based on performance, aligning the interests of management and shareholders alike.
The total number of shares voted at the meeting reached 10,957,856, corresponding to 39.7% of BULGOLD’s outstanding shares. Impressive support was demonstrated, as over 99.4% of votes cast were in favor of the proposed matters.
About BULGOLD Inc.
BULGOLD is actively engaged in the exploration of high-grade gold projects in Central and Eastern Europe. The company has exclusive control of three major quartz-adularia epithermal gold projects located in the Western Tethyan Belt: the Lutila, Kostilkovo, and Kutel Gold Projects. These projects are critically regarded for their potential to yield high-grade gold deposits, driven by BULGOLD's committed approach to exploration and development.
As of the most recent update, BULGOLD maintains an issued share count of 27,597,928, with approximately 40.3% of these shares held by founders, directors, and management, reflecting significant insider confidence in the company's strategic direction.
Connect with BULGOLD
For those seeking more information about BULGOLD, visit their official website. Detailed reports and updates can be found there, along with further insights into management and exploration activities.
Contact Information:
BULGOLD Inc.
Sean Hasson, President and CEO
Telephone: +359 2 989 2361
Email: information@BULGOLD.com
Website: www.BULGOLD.com
Frequently Asked Questions
What were the primary results of the meeting held by BULGOLD?
The meeting concluded with all proposed resolutions, including board elections and the appointment of auditors, passing with overwhelming shareholder support.
Who were elected to the board of directors of BULGOLD?
The newly elected board consists of six members, including James A. Crombie and Sean Hasson, among others.
What is the purpose of the 10% rolling equity incentive plan?
This plan is designed to align management’s interests with those of shareholders by allowing performance-based issuance of common shares.
How many shares were voted at the meeting, and what percentage of total shares does this represent?
A total of 10,957,856 shares were voted, representing approximately 39.7% of the total issued and outstanding shares of BULGOLD.
Where can I find more information about BULGOLD?
For detailed information regarding BULGOLD's projects and updates, visit the company's official website at www.BULGOLD.com.
About The Author
Contact Ryan Hughes privately here. Or send an email with ATTN: Ryan Hughes as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
