Revival Gold Announces AGM Voting Results
Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) is thrilled to share the voting results from its recent Annual General Meeting (AGM) of Shareholders. This important gathering took place on November 20, allowing shareholders to weigh in on crucial decisions affecting the company.
Shareholder Participation and Voting Details
During the AGM, a notable 130,728,552 common shares were cast in favor of various business items. This figure represents an impressive 48% of the total issued shares of Revival Gold. The voting results reflected strong shareholder confidence as all proposed items, including the election of directors, received approval.
Director Elections
The shareholders voted overwhelmingly in favor of the nominated directors. The voting tallies for each candidate were impressive, showcasing robust support:
- Tim Warman: 113,438,211 votes (99.9% approval)
- Hugh Agro: 113,486,093 votes (99.9% approval)
- Robert Chausse: 113,467,093 votes (99.9% approval)
- Wayne Hubert: 113,476,111 votes (99.9% approval)
- Maura Lendon: 112,894,399 votes (99.4% approval)
- Tony Manini: 112,929,169 votes (99.4% approval)
- Larry Radford: 113,469,147 votes (99.9% approval)
Leadership Appointments
Following the successful AGM, Revival Gold reaffirmed its commitment to strong leadership. Tim Warman has been re-appointed as Non-Executive Chairman of the Board. In addition, various individuals have taken on key roles:
- Robert Chausse as Audit Committee Chair
- Wayne Hubert as Compensation Committee Chair
- Maura Lendon as Governance and Nominating Committee Chair
- Larry Radford as Chair for Technical, Safety, Environment, and Social Responsibility Committee
Executive Team Continuity
The company’s executive leadership team has also been maintained, with Hugh Agro continuing as President & CEO, alongside John Meyer as VP, Engineering & Development, Lisa Ross as VP & CFO, and Scott Trebilcock as VP Corporate Development & Investor Relations. This continuity is crucial as Revival Gold strategically focuses on its projects.
Stock Option Grants
In alignment with the annual compensation plan, Revival Gold granted a total of 5,300,000 incentive stock options to its directors and executive staff. These options, available at a price of $0.70 per share, are exercisable for five years and subject to vesting provisions, thus ensuring alignment of interest among stakeholders.
Overview of Revival Gold
Revival Gold stands out as a leading pure gold mine developer in the United States. The company is currently progressing on the Mercur Gold Project in Utah, while also focusing on mine permitting and ongoing exploration at the Beartrack-Arnett Gold Project in Idaho. Revival Gold’s commitment to advancement showcases its growth potential and strength in the mining industry.
Company Headquarters and Growth Perspective
Headquartered in Toronto, Canada, with an exploration and development office in Salmon, Idaho, Revival Gold is strategically positioned for continued progress and success. Investors and stakeholders alike can expect Revival Gold to remain focused on meeting its goals and advancing its projects.
Frequently Asked Questions
What were the key outcomes of the AGM?
The AGM resulted in the re-election of all proposed directors and the reaffirmation of the executive leadership team, demonstrating strong shareholder support.
Who were elected as directors during the AGM?
The elected directors include Tim Warman, Hugh Agro, Robert Chausse, Wayne Hubert, Maura Lendon, Tony Manini, and Larry Radford.
What incentive stock options were granted?
Revival Gold granted 5,300,000 incentive stock options to directors, officers, and consultants at a price of $0.70 per share, valid for five years.
Where is Revival Gold headquartered?
The company is headquartered in Toronto, Canada, with an exploration and development office located in Salmon, Idaho.
What projects is Revival Gold currently working on?
Revival Gold is focusing on the Mercur Gold Project in Utah and ongoing exploration at the Beartrack-Arnett Gold Project in Idaho.
