Galiano Gold Announces Annual General and Special Meeting Voting Results
VANCOUVER, April 30, 2020 /CNW/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX, NYSE American: AKG) (formerly Asanko Gold Inc.) announced that all the resolutions put to shareholders at the Company's Annual General and Special Meeting (the "Meeting") held on April 30, 2020 were duly passed. The results for each of the matters voted upon at the Meeting are set out below:
Number of Directors
The number of directors of the Company was set at seven (7), with 150,776,256 votes FOR and 204,146 votes AGAINST.
Election of Directors
The seven nominees listed in the Company's Management Information Circular dated March 17, 2020, were elected at the Meeting as directors of Galiano.
Director Name |
Votes For |
% Votes For |
Votes Withheld |
% Votes Withheld |
Greg McCunn |
150,696,539 |
99.81% |
283,863 |
0.19% |
Marcel de Groot |
126,015,530 |
83.46% |
24,964,872 |
16.54% |
Gordon Fretwell |
126,041,376 |
83.48% |
24,939,026 |
16.52% |
Shawn Wallace |
126,021,365 |
83.47% |
24,959,037 |
16.53% |
Michael Price |
150,719,457 |
99.83% |
260,945 |
0.17% |
Judith Mosely |
150,699,653 |
99.81% |
280,749 |
0.19% |
Paul N. Wright |
150,604,657 |
99.75% |
375,745 |
0.25% |
Appointment of Auditors – KPMG LLP
Votes For |
% Votes For |
Votes Withheld |
% Votes Withheld |
169,770,060 |
99.81% |
326,543 |
0.19% |
Approval of Amendments to Share Option Plan
Votes For |
% Votes For |
Votes Against |
% Votes Against |
149,273,283 |
98.87% |
1,707,119 |
1.13% |
Renewal of Share Option Plan
Votes For |
% Votes For |
Votes Against |
% Votes Against |
149,208,588 |
98.83% |
1,771,814 |
1.17% |
Approval of Share Unit Plan
Votes For |
% Votes For |
Votes Against |
% Votes Against |
121,437,203 |
80.43% |
29,543,199 |
19.57% |
Approval of Name Change to Galiano Gold Inc.
Votes For |
% Votes For |
Votes Against |
% Votes Against |
150,448,546 |
99.65% |
531,856 |
0.35% |
Approval to Remove Preferred Shares
Votes For |
% Votes For |
Votes Against |
% Votes Against |
150,584,271 |
99.74% |
396,131 |
0.26% |
Adoption of New Articles
Votes For |
% Votes For |
Votes Against |
% Votes Against |
149,647,242 |
99.12% |
1,333,160 |
0.88% |
Advisory Vote on Executive Compensation
Votes For |
% Votes For |
Votes Against |
% Votes Against |
149,361,026 |
98.93% |
1,619,376 |
1.07% |
A report on all matters voted on at the meeting has been filed on SEDAR.
Galiano Gold Inc.
Following the approval at the Meeting to change the name of the Company from Asanko Gold Inc. to Galiano Gold Inc., the Company expects to commence trading under the new ticker symbol "GAU" on both the Toronto Stock Exchange and the New York Stock Exchange American on May 5, 2020 at the market open.
About Galiano Gold Inc.
Galiano is focused on creating a sustainable business capable of long-term value creation for its stakeholders through organic production growth, exploration and disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa which is jointly owned with Gold Fields Ltd. The Company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities. For more information, please visit www.asanko.com.
Neither Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
SOURCE Galiano Gold Inc.
Enquiries: Lynette Gould, SVP Investor Relations, Toll-Free (N. America): 1-855-246-7341, Telephone: 1-778-729-0608, Email: [email protected]
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