June 23, 2017
TSX:TML
TORONTO, June 23, 2017 /CNW/ – Treasury Metals Inc. (“Treasury Metals” or the “Company”) (TSX:TML), a gold exploration and development company focused on Goliath Gold Project in northwestern Ontario, is pleased to provide below the results of its annual meeting of shareholders (the “Meeting”) held on June 22, 2017.
Chris Stewart, the Company’s President and Chief Executive Officer, was appointed to the Company’s Board of Directors at the Meeting. Mr. Stewart was appointed President and Chief Executive Officer of the Company effective December 5, 2016. Mr. Stewart is a senior mining executive with more than 24 years of diversified experience in the mining industry and is leading the Company’s transition through the development stage into production.
At the Meeting, a total of 28,906,994 common shares (“Common Shares”) of the Company, were represented at the Meeting and all matters presented for approval at the Meeting have been duly authorized and approved, as follows:
| (i) | election of all management nominees to the Board of Directors of the Company; | |
| (ii) | appointment of Collins Barrow Toronto LLP as auditors of the Company for the ensuing year and authorization of the directors to fix their remuneration; and, | |
The nominees proposed by management were elected by shareholders on a show of hands, with the detailed results for the election of directors of the management proxy votes received, including those in person, were as follows:
| Name | Shares VotedFor (#) | Shares VotedFor (%) | Shares Withheld(#) | SharesWithheld (%) |
| Doug Bache | 25,179,255 | 96.48 | 919,860 | 3.52 |
| William Fisher | 25,929,307 | 99.35 | 169,808 | 0.65 |
| Marc Henderson | 22,846,809 | 87.54 | 3,252,306 | 12.46 |
| Chris Stewart | 22,784,029 | 87.30 | 3,315,086 | 12.46 |
| Christophe Vereecke | 25,930,517 | 99.35 | 168,598 | 0.65 |
| Flora Wood | 25,180,543 | 96.48 | 918,572 | 3.52 |
| Blaise Yerly | 25,930,583 | 99.35 | 168,532 | 0.65 |
The formal report on voting results with respect to all matters voted upon at the meeting are filed on SEDAR.
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Treasury Metals Inc. is a gold focused exploration and development company with assets in Canada and is listed on the Toronto Stock Exchange (“TSX”) under the symbol “TML”. Treasury Metals Inc.’s 100% owned Goliath Gold Project in northwestern Ontario is slated to become one of Canada’s next producing gold mines. With first-rate infrastructure currently in place and gold mineralization extending to surface, Treasury Metals plans on the initial development of an open pit gold mine to feed a 2,500 per day processing plant with subsequent underground operations in the latter years of the mine life.
SOURCE Treasury Metals Inc.
