Red Lake Gold Inc. Shareholders Approve Plan of Arrangement for Alma Gold Inc. Spinco
Vancouver, British Columbia, October 16, 2020 – Red Lake Gold Inc. (CSE: RGLD)(FWB:P11)(“Red Lake Gold” or the "Corporation") is pleased to report that all matters put forth to shareholders at its annual general and special meeting held earlier today in Vancouver, British Columbia (the “Meeting”) have been overwhelmingly approved.
A total of 7,480,091 common shares were cast at the Meeting either in-person or by proxy representing 23.495% of the issued and outstanding shares of the Corporation at the meeting record date.
Voting result particulars were as follows:
Item 1) Number of Directors
Number of Votes % of Votes Cast
For 7,423,091 99.238% Against 57,000 0.762%
Item 2a) Ryan Kalt as a Director
Number of Votes % of Votes Cast
For 7,423,091 99.238% Withhold 57,000 0.762%
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Item 2b) Eugene A. Hodgson as a Director
Number of Votes % of Votes Cast
For 7,422,091 99.225% Withhold 58,000 0.775%
Item 2c) Brian Hearst as a Director
Number of Votes % of Votes Cast
For 7,423,091 99.238% Withhold 57,000 0.762%
Item 3) Appointment of Auditor
Number of Votes % of Votes Cast
For 7,423,091 99.238% Withhold 57,000 0.762%
Item 4) Plan of Arrangement
Number of Votes % of Votes Cast
For 7,423,091 99.238% Against 57,000 0.762%
Item 5) Approval of Stock Option Plan for Spinco
Number of Votes % of Votes Cast
For 7,422,091 99.225% Against 58,000 0.775%
Item 6) Other Matters
Number of Votes % of Votes Cast
For 7,422,091 99.225% Against 58,000 0.775%
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For further information on Red Lake Gold and its regulatory filings, please review the Corporation’s profile at www.SEDAR.com.
On Behalf of the Board of Directors
Ryan Kalt Chairman & Chief Executive Officer Email: [email protected]
Forward-Looking Statements
This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.
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