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TORONTO, May 12, 2025 /CNW/ - Geodrill Limited ("Geodrill" or the "Company") (TSX: GEO), a leading West African based drilling company, announced the voting results of its Annual and Special Meeting of Shareholders (the "Meeting") held on May 12, 2025.
The nominees listed in the management information circular dated April 2, 2025 were elected as directors of the Company at the Meeting. Detailed results of the vote are set out below:
| Director | Outcome of | Yes | No | Abstain |
| Dave Harper as | Carried | 32,118,331 99.969% | 0 0.000% | 10,080 0.031% |
| John Bingham as | Carried | 31,931,710 99.388% | 0 0.000% | 196,701 0.612% |
| Ronald | Carried | 32,117,331 99.966% | 0 0.000% | 11,080 0.034% |
| Peter Prattas as | Carried | 32,116,331 99.962% | 0 0.000% | 12,080 0.038% |
| Appointment of | Carried | 33,965,834 99.978% | 0 0.000% | 7,500 0.022% |
| Purchase of | Carried | 32,110,011 99.943% | 18,400 0.057% | 0 0.000% |
Note: Numbers do not add due to rounding.
At the Meeting, the shareholders also re-appointed PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the auditors of the Company and passed a special resolution authorizing the Corporation to purchase its own shares through a substantial issuer bid or normal course issuer bid as set forth in the management information circular dated April 2, 2025.
About Geodrill Limited
About Geodrill Limited
Geodrill has been successful in establishing a leading market position in Ghana and Cote d'Ivoire. The Company also operates in other African jurisdictions including Egypt and Senegal and is expanding its geographic presence in the South America countries of Chile and Peru. With the large fleet of multi-purpose rigs, Geodrill provides a broad selection of diverse drilling services, including exploration, delineation, underground and grade control drilling, to meet the specific needs of its clients. The Company's client mix is made up of senior mining, intermediate and junior exploration companies. www.geodrill.ltd
Forward Looking Information
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