Vancouver, British Columbia, June 22, 2023 /PRNewswire/ – Elevation Gold Mining Corporation (TSXV: ELVT) (OTCQX: EVGDF) (“Company” or “Elevation Gold”) announces all matters submitted to shareholders for approval as detailed in the Company’s Corporate Circular. May 18, 2023, approved by the required majority of the votes cast at the Annual General Meeting (“AGM”). A total of 30,857,488 shares of common stock of the Company were represented in person or by proxy at the Shareholders’ Meeting, representing his 27.91% of the outstanding common stock of the Company as of the record date. May 18, 2023.
Specifically, shareholders voted to approve:
- Elections to the Board of Directors are nominated.
- Reappoint PricewaterhouseCoopers LLP, a certified public accountant, as an Outside Auditor of the Company for 2023.and
- Approval of our 10% Rolling Equity Incentive Plan.
Detailed voting results are as follows.
motion |
Voting result |
number of shares |
percentage of votes cast |
||||
for |
Against |
on hold |
for |
Against |
on hold |
||
Number of directors (6) |
carried |
30,854,380 |
3,108 |
0 |
99.99% |
0.01% |
0.00% |
Douglas Hurst |
carried |
30,301,399 |
0 |
556,089 |
98.20% |
0.00% |
1.80% |
Tim J. Swendside |
carried |
30,301,399 |
0 |
556,089 |
98.20% |
0.00% |
1.80% |
Raymond Threlkeld |
carried |
30,300,733 |
0 |
556,715 |
98.20% |
0.00% |
1.80% |
David Pete |
carried |
30,300,773 |
0 |
556,715 |
98.20% |
0.00% |
1.80% |
Michael Haworth |
carried |
30,263,173 |
0 |
594,315 |
98.07% |
0.00% |
1.93% |
Douglas Ward |
30,301,499 |
0 |
555,989 |
98.20% |
0.00% |
1.80% |
|
Election of Audit & Supervisory Board Members |
carried |
30,854,765 |
0 |
2,723 |
99.99% |
0.00% |
0.01% |
Approval of 10% Rolling Equity Incentive Plan |
carried |
30,173,233 |
684,255 |
0 |
97.78% |
2.22% |
0.00% |
The directors remain members of the Board of Directors until the next shareholders’ meeting.
Full details of all proposals can be found in the Company’s Corporate Information Circular available on SEDAR. www.sedar.com.
Stock option grant
The Company also reports that its directors, officers and employees have been granted stock options to purchase an aggregate of up to 300,000 shares of common stock at a price of $100. ¥0.18 5 years per share.
On behalf of the Elevation Gold Mining Corporation Committee
“Tim J. Swendside”
Tim J. SwendsideCEO of Elevation Gold Mining Corporation
About Elevation Gold Mining Corporation
Elevation Gold is a publicly traded gold and silver company engaged in the acquisition, exploration, development and operation of mineral resources located in the United States. Elevation Gold common stock is listed on the TSX Venture Exchange (“TSXV”). Canada With ticker symbol ELVT and NASDAQ OTC usa It is located under the ticker symbol EVGDF. Our primary operation is his wholly owned Moss Mine in Mojave County, Arizona. Elevation also retains ownership of the Hercules Exploration Facility in Lyon County, Nevada.
Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
Certain statements and information contained herein are “forward-looking information” within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact contained in this document, including, without limitation, statements regarding the Company’s plans for the appointment of a new president, constitute forward-looking information. “believe”, “expect”, “anticipate”, “contemplate”, “goal”, “plan”, “goal”, “goal”, “intent”, “continue”, “budget”, “estimate” Words such as “may,” “will,” “could,” “could,” “should,” “plan,” and similar expressions indicate forward-looking statements. increase. All forward-looking statements in this document are qualified by these cautionary statements. Although we have attempted to identify important factors that could cause our actual results to differ materially from those contained in the forward-looking information, we do not believe that results are anticipated, estimated, anticipated or intended. The reader should note that The preceding list is not exhaustive of all factors and assumptions that may have been used. If one or more of these risks and uncertainties materializes, or the underlying assumptions prove incorrect, actual results may differ materially from those set forth in the forward-looking information. There is a possibility. Therefore, there can be no assurance that forward-looking information will be accurate, and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. We do not update or revise forward-looking information or account for material differences between such actual events and subsequent actual events, except as required by applicable law. Disclaims any intent or obligation to
Source Elevation Gold Mining Corp.