U.S. Markets closed
  • S&P 500

    4,395.64
    +41.45 (+0.95%)
     
  • Dow 30

    34,258.32
    +338.48 (+1.00%)
     
  • Nasdaq

    14,896.85
    +150.45 (+1.02%)
     
  • Russell 2000

    2,218.56
    +32.38 (+1.48%)
     
  • Gold

    1,768.40
    -9.80 (-0.55%)
     
  • Silver

    23.03
    +0.46 (+2.05%)
     
  • EUR/USD

    1.1696
    -0.0034 (-0.2924%)
     
  • 10-Yr Bond

    1.3360
    +0.0120 (+0.91%)
     
  • Vix

    20.87
    -3.49 (-14.33%)
     
  • GBP/USD

    1.3619
    -0.0045 (-0.3282%)
     
  • USD/JPY

    109.7800
    +0.5600 (+0.5127%)
     
  • BTC-USD

    42,631.00
    +402.48 (+0.95%)
     
  • CMC Crypto 200

    1,089.55
    +49.07 (+4.72%)
     
  • FTSE 100

    7,083.37
    +102.39 (+1.47%)
     
  • Nikkei 225

    29,639.40
    -200.31 (-0.67%)
     

Alamos Gold Announces Results of the Annual General Meeting of Shareholders and Changes to its Board of Directors

  • Oops!
    Something went wrong.
    Please try again later.
·3 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

TORONTO, May 28, 2021 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported a summary of the voting results of its Annual General Meeting of Shareholders (the “Meeting”). The Company is also announcing the retirement of Ronald E. Smith from the Board of Directors.

“On behalf of the Board of Directors and management, I would like to thank Ron Smith for his strong contributions to the Alamos Board. Ron has been a key member of our Board since 2015 having joined through our merger with AuRico Gold where he served as a director since 2009. He has provided a wealth of experience and knowledge to our Board over his years of dedicated service including leading the Alamos Audit Committee for the past several years. We wish Ron every success in his future endeavours,” said John A. McCluskey, President and Chief Executive Officer.

Results of the Meeting

The Company is reporting the voting results of its Meeting held virtually on Thursday, May 27, 2021. The summary of the results are as follows:

Total Shares Voted:

300,039,544

Total Shares Issued and Outstanding:

392,739,331

Total Percentage of Shares Voted:

76.40%

1. Election of Directors

Each of the nominee directors listed in Alamos’ management proxy circular dated April 7, 2021 was elected as a director as set forth in the table below:

Name of Nominee

Vote For

%

Withheld Vote

%

Elaine Ellingham

238,711,961

87.89

32,877,202

12.11

David Fleck

234,828,132

86.46

36,761,032

13.54

David Gower

270,058,952

99.44

1,530,212

0.56

Claire M. Kennedy

267,750,992

98.59

3,838,173

1.41

John A. McCluskey

271,152,873

99.84

436,290

0.16

Monique Mercier

267,788,036

98.60

3,801,128

1.40

Paul J. Murphy

250,464,021

92.22

21,125,143

7.78

J. Robert S. Prichard

267,854,435

98.62

3,734,730

1.38

Kenneth Stowe

271,053,761

99.80

535,403

0.20

2. Appointment and Compensation of Auditors

KPMG LLP was appointed as the Company’s auditor and the directors were authorized to fix the auditor’s remuneration.

Vote For

%

Withheld Vote

%

KPMG LLP

298,938,152

99.63

1,101,391

0.37

3. Approval of Approach to Executive Compensation

The non-binding advisory resolution approving the Company’s approach to Executive Compensation was passed.

Vote For

%

Vote Against

%

Executive Compensation

266,432,281

98.10

5,156,881

1.90

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons

Vice President, Investor Relations

(416) 368-9932 x 5439

Cautionary Note

All amounts are in United States dollars, unless otherwise stated.

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.