Le Lézard
Classified in: Mining industry
Subject: ANNUAL MEETINGS

Seabridge Gold Reports on Results of Annual Meeting of Shareholders


TORONTO, June 28, 2018 (GLOBE NEWSWIRE) -- Seabridge Gold (TSX:SEA)  (NYSE:SA) (the "Company") today provided the results of its annual general meeting of shareholders held on June 27, 2018. A total of 36,966,958 common shares were voted at the meeting, representing 62.21% of the issued and outstanding common shares of the Company on the record date. All matters presented for approval at the meeting were duly authorized and approved, as follows:

  1. Fixing the number of directors at eight;
  2. Election of all management nominees to the board of directors of the Company;
  3. Appointment of KPMG LLP as auditor of the Company for the ensuing year;
  4. Authorization of the directors to fix the auditors remuneration;
  5. Approval of an increase in the shares reserved for issue under the Corporation's Stock Option Plan and Restricted Share Unit Plan.
  6. Approval, by disinterested shareholders, of option grants to directors of the Company.
  7. Approval, by disinterested shareholders, of a proposed option grant to a new director.

Detailed voting results for the election of directors were as follows:

DirectorVotes ForVotes WithheldPercentage For
A. Frederick Banfield17,226,7392,894,81885.61
Rudi P. Fronk19,912,686  208,87198.96
Eliseo Gonzalez-Urien19,901,882  219,67598.91
Richard C. Kraus19,912,106  209,45198.96
Jay S. Layman19,915,927  205,63098.98
Clem Pelletier19,905,029  216,52898.92
John W. Sabine19,903,215  218,34298.91
Gary A. Sugar19,813,472  308,08598.47

A total of 16,845,401 shares were "non-votes" under U.S. proxy rules and were not cast with respect to the election of each of the directors or the approval of the stock option grants to directors.

All of the eight above-listed directors were elected to the Board.

Commenting on the AGM, Seabridge Chairman and CEO welcomed Clem Pelletier as a new director to the company. "Although Clem is new to the board, his involvement and knowledge of KSM is extensive. Clem acted as the lead environmental consultant to the Company starting in 2008 when we filed the initial KSM project description document with the regulators, and continued to shepherd KSM through the environmental assessment process through its successful completion in late 2014."

Seabridge holds a 100% interest in several North American gold projects. The Company's principal assets are the KSM property located near Stewart, British Columbia, Canada and the Courageous Lake gold project located in Canada's Northwest Territories. For a breakdown of Seabridge's mineral reserves and mineral resources by category please visit the Company's website at http://www.seabridgegold.net/resources.php.

Neither the Toronto Stock Exchange, New York Stock Exchange, nor their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release.

ON BEHALF OF THE BOARD
"Rudi Fronk"
Chairman & C.E.O.

For further information please contact:
Rudi P. Fronk, Chairman and C.E.O.
Tel: (416) 367-9292  ?  Fax: (416) 367-2711
Email:  [email protected]


These press releases may also interest you

at 10:05
Mayfair Gold Corp. ("Mayfair" or the "Company") today announced that it has received a shareholder meeting requisition notice pursuant to section 167 of the Business Corporations Act (British Columbia) (the "Requisition") dated March 27, 2024 from...

at 09:42
Vizsla Silver Corp. ("Vizsla Silver" or the "Company") is pleased to announce that it has entered into an agreement to acquire the past-producing La Garra-Metates district (the "La Garra-Metates District" or "La Garra") situated in the heart of...

at 09:30
Siskinds LLP has filed a proposed securities class action against SSR Mining Inc. and other defendants in the Supreme Court of British Columbia. The action relates to SSR Mining's flagship asset, the Çöpler Mine, located in Türkiye. On February...

at 09:05
Global diversified manufacturing leader Milliken & Company today announced that it received an A- rating in the climate change category of the 2023 CDP, a comprehensive environmental disclosure platform....

at 09:00
DCK TOOLS (DongCheng company), a trusted supplier and innovator of professional power tools made its first appearance at the National Hardware Show (NHS) 2024 held in Las Vegas. NHS is a premier industry event that connects experts, customers and...

at 09:00
Highlander Silver Corp. (the "Company" or "Highlander Silver") announces that the closing of the share purchase agreement dated November 29, 2023 (the "Share Purchase Agreement") with SSR Mining Inc. ("SSR...



News published on and distributed by: