K92 Mining Announces Voting Results of Annual General Meeting of Shareholders
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VANCOUVER, British Columbia, June 30, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the voting results of its 2022 annual general meeting (“AGM”) of shareholders that was held today as a virtual event. All of the resolutions proposed at the meeting were duly passed.
A total of 148,725,971 common shares, representing 65.57% of the Company’s issued and outstanding common shares as at the record date were voted. All of the Company’s nine director nominees were elected and detailed results of the vote for directors are shown below:
| Name of Nominee | Votes For | Votes Withheld | ||
| Number | % | Number | % | |
| R. Stuart (Tookie) Angus | 134,516,515 | 97.48 | 3,484,415 | 2.52 |
| Mark Eaton | 99,506,016 | 72.11 | 38,494,914 | 27.89 |
| Anne E. Giardini | 134,193,532 | 97.24 | 3,807,398 | 2.76 |
| Saurabh Handa | 134,252,680 | 97.28 | 3,748,250 | 2.72 |
| Cyndi Laval | 136,215,300 | 98.71 | 1,785,630 | 1.29 |
| Nan Lee | 137,918,918 | 99.94 | 82,012 | 0.06 |
| John D. Lewins | 132,329,902 | 95.89 | 5,671,028 | 4.11 |
| John (Ian) Stalker | 117,902,586 | 85.44 | 20,098,344 | 14.56 |
| Graham Wheelock | 135,779,314 | 98.39 | 2,221,616 | 1.61 |
| Matter | Votes For | Votes Against | ||
| Number | % | Number | % | |
| Number of Directors | 137,846,060 | 99.89 | 154,870 | 0.11 |
| Appoint Auditors | 148,122,408 | 99.59 | 603,563 | 0.41 |
Shareholders also voted in favour of the following matters:
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Setting the number of directors at nine (9); and
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Re-appointing PricewaterhouseCoopers LLP as auditor of the Company for the ensuing year and authorizing the directors to fix the auditor’s remuneration.
Further details on the above matters are set forth in the Company's meeting materials, including the Management Information Circular dated May 20, 2022, which are accessible on K92’s website at www.k92mining.com and under the Company's issuer profile on SEDAR at www.sedar.com.
Final voting results on all matters voted on at the AGM are also be contained in the Report on Voting Results filed under the Company’s profile on SEDAR.
About K92
K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018 and is in a strong financial position.
The Company commenced an expansion of the mine based on an updated Preliminary Economic Assessment on the property which was published in January 2019 and updated in July 2020. K92 is operated by a team of mining professionals with extensive international mine-building and operational experience.