CANDELARIA ANNOUNCES ANNUAL GENERAL AND SPECIAL MEETING VOTING RESULTS AND PROVIDES A CORPORATE UPDATE

http://www.candelariamining.com/index.php/news/2017/82-candelaria-announces-annual-general-and-special-meeting-voting-results-and-provides-a-corporate-update

Vancouver, B.C., September 11, 2017 – Candelaria Mining Corp. (“Candelaria” or the “Company“) (TSXV: CAND, OTCQX: CDELF) is pleased to announce the results of its annual general and special meeting held on September 11, 2017 in Vancouver, British Columbia (the “Meeting“) and to provide a general corporate update.

Meeting’s results

The number of directors was fixed at seven (7) and each of the following seven (7) nominees proposed by management was elected as a director on a vote by show of hands. The proxies received by management with respect to the election of directors were as follows:

NOMINEE VOTES FOR VOTES WITHHELD
Mack Backens – Chairman 100% 0%
Ramon Perez, President 100% 0%
Curtis Turner, CEO 100% 0%
Wayne Hubert 100% 0%
Javier Reyes 100% 0%
Javier Montano 100% 0%
Manuel Gomez 100% 0%

In addition, at the Meeting, shareholders approved the following:

  1. the appointment of Grant Thornton LLP, Chartered Professional Accountants, as the Company’s auditors for the ensuing year and the authorization of the board of directors (the “Board”) to fix the auditor’s remuneration;
  2. the adoption and ratification of the Company’s 2017 stock option plan as contained in the management information circular dated August 3, 2017 (“Information Circular”) in respect of the Meeting;
  3. the adoption and ratification of the Company’s 2017 restricted shares unit as contained in the Information Circular in respect of the Meeting;
  4. to consider and, if deemed appropriate, pass, with or without variation, a resolution to approve the creation of a new “Control Person” (as that term is defined in the policies of the TSX Venture Exchange (“Exchange”)) of the Company, as described in the Information Circular.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s