GEODRILL ANNOUNCES ANNUAL AND SPECIAL MEETING VOTING RESULTS AND EXERCISE OF OPTIONS BY MANAGEMENT
The nominees listed in the management information circular dated
Director |
Outcome of Vote |
Yes |
No |
Abstain |
|
Carried |
32,561,306 99.990% |
0 0.000% |
3,165 0.010% |
|
Carried |
32,478,049 99.735% |
0 0.000% |
86,422 0.265% |
|
Carried |
32,561,470 99.991% |
0 0.000% |
3,001 0.009% |
|
Carried |
32,561,470 99.991% |
0 0.000% |
3,001 0.009% |
Appointment of Auditor |
Carried |
33,771,362 100% |
0 0.000% |
1 0.000% |
Purchase of Ordinary Shares |
Carried |
32,546,070 99.943% |
18,401 0.057% |
0 0.000% |
Note: Numbers do not add due to rounding.
At the Meeting, the shareholders also re-appointed
In addition, in May, 2024 management exercised 195,000 options at an exercise price of
The exercise of options demonstrates the confidence management has in Geodrill and further aligns us with our shareholders," said
Geodrill has been successful in establishing a leading market position in
www.geodrill-gh.com
This press release may contain "forward-looking information" which may include, but is not limited to the future financial or operating performance of the Company, its subsidiaries, future growth, results of operations, performance, business prospects and opportunities. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations (including negative variations) of such words and phrases, or by the use of words or phrases that state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements are based on certain assumptions and analyses made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this press release including, without limitation those described in the Management's Discussion & Analysis for the quarter ended
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