China Gold International Reports Results of Voting at the Annual General and Special Meeting of Shareholders

VANCOUVER, July 27, 2015 /CNW/ - China Gold International Resources Corp. Ltd. (TSX: CGG; HKEx: 2099) (the "Company" or "China Gold International Resources") is pleased to announce the voting results and the re-election of its Board of Directors at the Company's annual general and special meeting of shareholders (the "AGM") held on June 30, 2015. 

All director nominees were re-elected to the Board of Directors and the detailed results of the vote are presented below:   

Director Nominee

Results of Election

For (%)

Withheld (%)

Total

Xin Song

Elected

207,780,172 (95.77%)

9,169,920 (4.23%)

216,950,092 (100%)

Bing Liu

Elected

209,673,830 (96.55%)

7,276,262 (3.35%)

216,950,092 (100%)

Lianzhong Sun

Elected

207,771,061 (95.77%)

9,179,031 (4.23%)

216,950,092 (100%)

Liangyou Jiang

Elected

209,766,454 (96.69%)

7,183,638 (3.31%)

216,950,092 (100%)

Ying Bing Ian He

Elected

195,720,749 (90.21%)

21,229,343 (9.79%)

216,950,092 (100%)

Yunfei Chen

Elected

215,994,560 (99.56%)

955,532 (0.44%)

216,950,092 (100%)

Gregory Clifton Hall

Elected

206,635,998 (95.25%)

10,314,094 (4.75%)

216,950,092 (100%)

John King Burns

Elected

215,995,460 (99.56%)

954,632 (0.44%)

216,950,092 (100%)

Xiangdong Jiang

Elected

193,961,719 (89.40%)

22,988,373 (10.60%)

216,950,092 (100%)

 

The results of votes on additional matters of business considered at the AGM are shown in two tables below:

Table 1:

Resolution

Results of Election

For (%)

Withheld (%)

Total

To appoint Deloitte
Touche Tohmatsu as
the auditors of the
Company and
authorize the board of
directors to fix their
remuneration

Approved

231,026,451 (99.99%)

15,323 (0.01%)

231,041,774 (100%)

 

Table 2:

Resolution

Results of Election

For (%)

Against (%)

Total

To grant to the board
of directors a general
mandate to allot,
issue and otherwise
deal with unissued
shares not exceeding
20% of the issued
share capital of the
Company

Approved

191,496,959 (88.28%)

25,427,949 (11.72%)

216,924,908 (100%)

To grant to the board
of directors a general
mandate to
repurchase shares
not exceeding 10% of
the issued share
capital of the
Company

Approved

216,889,571 (99.98%)

35,337 (0.02%)

216,924,908 (100%)

To extend the share
allotment mandate by
the addition thereto of
the shares
repurchased by the
Company

Approved

191,517,637 (88.29%)

25,407,271 (11.71%)

216,924,908 (100%)

To approve the
revision to the
Product and Service
Framework
Agreement and the
transactions
contemplated
thereunder

Approved

62,530,825 (99.93%)

45,353 (0.07%)

62,576,178 (100%)

To approve the
revised proposed
annual cap for the
year ending
December 31, 2015
contemplated under
the Product and
Service Framework
Agreement

Approved

62,537,626 (99.94%)

38,552 (0.06%)

62,576,178 (100%)

To approve the
proposed annual caps
for the two years
ending December 31,
2016 and 2017
contemplated under
the Product and
Service Framework
Agreement

Approved

62,552,937 (99.96%)

23,241 (0.04%)

62,576,178 (100%)

To approve the
Financial Services
Agreement and the
transactions
contemplated
thereunder

Approved

37,168,009 (59.40%)

25,408,169 (40.60%)

62,576,178 (100%)

To approve the
proposed daily
monetary caps
contemplated under
the Financial Services
Agreement for the
three years ending
December 31, 2015,
2016 and 2017

Approved

37,173,075 (59.40%)

25,403,103 (40.60%)

62,576,178 (100%)

To authorize any one
director of the
Company to do such
further acts and things
and to execute or
cause to be executed,
and to deliver or
cause to be delivered,
such other documents
and instruments, and
to take all such steps
which in the opinion of
such director of the
Company do or cause
to be done all such
other acts and things,
necessary or
desirable to
implement and/or
carry out and/or give
effect to the terms of
the foregoing
Resolutions

Approved

44,094,721 (70.47%)

18,480,257 (29.53%)

62,574,978 (100%)

 

For a detailed look at the voting results please visit the Company's website at www.chinagoldintl.com or SEDAR at www.sedar.com.

About China Gold International Resources

China Gold International Resources Corp. Ltd. is based in Vancouver, BC, Canada and operates both profitable and growing mines, the CSH Gold Mine in Inner Mongolia, and the Jiama Copper-Gold Polymetallic Mine in Tibet Autonomous Region of the People's Republic of China. The Company's objective is to continue to build shareholder value by growing production at its current mining operations, expanding its resource base, and aggressively acquiring and developing new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKEx: 2099).

Cautionary Note About Forward-Looking Statements

Certain information regarding China Gold International Resources contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although China Gold International Resources believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. China Gold International Resources cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what China Gold International Resources currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.

SOURCE China Gold International Resources Corp. Ltd.

For further information: Elena M. Kazimirova, Investor Relations Manager and Financial Analyst, Tel: +1.604.695 5031, Email: info@chinagoldintl.com, Website: www.chinagoldintl.com

RELATED LINKS
www.chinagoldintl.com

Organization Profile

China Gold International Resources Corp. Ltd.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890