Vancouver, June 19, 2018 – Kincora Copper Ltd. (the “Company”, “Kincora”) (TSXV:KCC) is pleased to announce the results of voting at its Annual General Meeting (“AGM”) of shareholders which was held at 4pm on June 18, 2018, in Vancouver, British Columbia.
All matters submitted to shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, both dated May 23, 2018, were approved by the requisite majority of votes cast at the Meeting with 41.67% of shareholder proxies returned. Details of the AGM are provided below.
Number of Directors
Shareholders approved setting the number of directors at four.
Election of Directors
Shareholders voted in favour of Kincora’s management’s nominees to the board of directors: Jonathan (Sam) Spring, Ray Nadarajah, John Holliday, and Anthony Jackson.
Dale Matheson Carr-Hilton Labonte LLP was re-appointed Auditor of the Company to hold office until the next AGM or until its successor is duly appointed, and the directors were authorized to fix the Auditor’s remuneration.
Stock Option Plan
Shareholders re-approved the 10% rolling stock option plan.
Ratification of Advance Notice Policy
Shareholders ratified the adoption of the Advance notice policy as set forth in the May 23, 2018 Information Circular and May 17, 2018 press release.