Post Reply 
 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Nautilus Minerals AGM Voting Results
06-26-2018, 05:09 PM
Post: #1
Nautilus Minerals AGM Voting Results

As expected... nothing substantial... :dodgy:

Toronto Ontario, June 25, 2018 - Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus) announces the results of its Annual General Meeting (AGM) held today in Vancouver, British Columbia, at which 76.4% of the issued shares were represented. Shareholders voted strongly in favour of all resolutions brought before them.

The Company provides the following report on the voting results of the matters considered at the AGM, the particulars of which are set out in more detail in the Company's Information Circular dated May 8, 2018 and filed on SEDAR on May 16, 2018:

  • Election of Directors: Tariq Al Barwani, Dr. Mohammed Al Barwani, John McCoach, Jonathan Whitworth and Jay Layman were elected as Directors of the Company for the ensuing year.
  • Appointment and Remuneration of Auditor: PricewaterhouseCoopers LLP were re-appointed the auditor of the Company for the ensuing year and the Directors were authorised to fix their remuneration.
  • Issuance of Warrants to Insider: Disinterested shareholders approved the issuance by the Company to Deep Sea Mining Finance Ltd. (the "Lender" ) of an aggregate of up to 146,048,110 share purchase warrants of the Company in connection with loans provided by the Lender to the Company.
  • Exercise Price of Warrants issued to Insider: Disinterested shareholders approved: (i) an amendment to the exercise price of 25,343,641 existing share purchase warrants of the Company held by the Lender to C$0.17 per share; and (ii) a C$0.17 exercise price in respect of up to 92,139,178 additional warrants issuable to the Lender in connection with loans provided by the Lender to the Company.

The proxy results of voting in respect of the directors were as follows:

Director

Votes For

% For

Votes Withheld

% Withheld

Tariq Al Barwani

430,581,979

93.60%

29,425,886

6.40%

Mohammed Al Barwani

430,362,044

93.56%

29,645,821

6.44%

John McCoach

459,168,544

99.82%

839,321

0.18%

Jay Layman

459,109,222

99.80%

898,643

0.20%

Jonathan Whitworth

459,160,660

99.82%

847,205

0.18%

Find all posts by this user
Quote this message in a reply
06-27-2018, 09:08 AM
Post: #2
RE: Nautilus Minerals AGM Voting Results
I guess that means 6.2 or so of the shareholders are 'activist'. I wonder if that means Loews is still on board?
Find all posts by this user
Quote this message in a reply
06-27-2018, 09:52 PM
Post: #3
RE: Nautilus Minerals AGM Voting Results
2017 activist shareholders withheld almost 9% of votes.
http://www.nautilusminerals.com/irm/PDF/...ingResults

The drop in shares withheld from 9 to 6% is probably due to Anglo selling.
Find all posts by this user
Quote this message in a reply
Post Reply 


Forum Jump:


User(s) browsing this thread: 1 Guest(s)