| Seabridge Gold Reports on Results of Annual Meeting of Shareholders | |
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Toronto, Canada...Seabridge Gold (the 'Company') today provided the results of its annual general meeting of shareholders held on June 29, 2016. A total of 33,579,351 common shares were voted at the meeting, representing 63.79% 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:
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Election of all management nominees to the board of directors of the Company;
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Appointment of KPMG LLP as auditor of the Company for the ensuing year;
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Authorization of the directors to fix the auditors remuneration;
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Approval of an increase in the shares reserved for issue under the Company's Stock Option Plan; and
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Approval, by disinterested shareholders, of an option grant to a new director of the Company.
Detailed voting results for the election of directors were as follows:
Director
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Votes For
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Votes Withheld
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Percentage For
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A. Frederick Banfield
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15,273,587
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1,239,225
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92.50
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D. Scott Barr
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16,354,178
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158,634
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99.04
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Eliseo Gonzalez-Urien
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16,347,178
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165,634
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99.00
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Richard C. Kraus
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16,409,910
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102,902
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99.38
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Jay S. Layman
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16,396,075
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116,737
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99.29
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John W. Sabine
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16,382,624
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130,188
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99.21
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Gary A. Sugar
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16,377,694
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135,118
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99.18
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Rudi P. Fronk
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16,411,017
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101,795
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99.38
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A total of 17,066,539 shares were 'non-votes' under U.S. proxy rules and were not cast with respect to the election of each of the directors and the approval of the stock option grants to directors.
All of the eight above-listed directors were re-elected to the Board.
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.
ON BEHALF OF THE BOARD
'Rudi Fronk'
Chairman and CEO
Rudi P. Fronk, Chairman and CEO
Tel: (416) 367-9292 · Fax: (416) 367-2711
Email: [email protected]
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Seabridge Gold Inc.
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DEVELOPMENT STAGE |
CODE : SA |
ISIN : CA8119161054 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Seabridge Gold is a gold exploration company based in Canada. Seabridge Gold develops gold, copper, molybdenum and silver in Canada, and holds various exploration projects in Canada. Its main assets in development are COURAGEOUS LAKE, SULPHURETS, KERR (KSM), RED MOUNTAIN, QUARTZ MOUNTAIN and MITCHELL ZONE in Canada and its main exploration properties are KING'S RIVER, CASTLE-BLACK ROCK and HOG RANCH in Canada. Seabridge Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is US$ 1.0 billions as of today (€ 897.8 millions). Its stock quote reached its lowest recent point on December 29, 2000 at US$ 0.12, and its highest recent level on September 20, 2024 at US$ 17.44. Seabridge Gold has 57 467 118 shares outstanding. |