Faraday Copper Announces Annual General Meeting Voting Results

Rhea-AI Summary

Faraday Copper Corp. announced the results of its Annual General Meeting held on June 13, 2024. All eight nominee directors listed in the Notice of Meeting were elected, including Russell Ball, Paul Harbidge, Randy Engel, Robert Doyle, Audra Walsh, Katherine Arnold, Alan Wilson, and Arndt Brettschneider. Additionally, the appointment of the Company's auditors was approved. A total of 85,569,181 shares were voted, representing 48.46% of the issued and outstanding common shares. Full details are available on SEDAR+.

Positive

• All eight nominee directors were elected with overwhelming support.
• The appointment of the company's auditors was approved with 99.48% votes in favor.
• The Meeting witnessed a participation of 48.46% of the company's issued and outstanding common shares.

Negative

• The voter turnout was below 50%, suggesting less than majority shareholder engagement.

VANCOUVER, BC / ACCESSWIRE / June 13, 2024 / Faraday Copper Corp. ("Faraday" or the "Company") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce that each of the eight nominee directors listed in the Notice of Meeting and Management Information Circular dated May 15, 2024 was elected as director of the Company at its Annual General Meeting of Shareholders (the "Meeting") held virtually earlier today.

Other matters put forward to shareholders at the Meeting included the appointment of the Company's auditors, which was also approved.

At the Meeting, 85,569,181 shares were voted, representing 48.46% of the Company's issued and outstanding common shares. Detailed results of the Meeting are set out below and filed on SEDAR+ at www.sedarplus.ca.

The voting results for number and election of Directors are set out below:

Name	Votes For	% Votes For	Votes Withheld	% Votes Withheld
Russell Ball	83,719,901	99.99%	11,955	0.01%
Paul Harbidge	83,719,901	99.99%	11,955	0.01%
Randy Engel	83,719,901	99.99%	11,955	0.01%
Robert Doyle	83,719,901	99.99%	11,955	0.01%
Audra Walsh	82,591,010	98.64%	1,140,846	1.36%
Katherine Arnold	83,295,087	99.48%	436,769	0.52%
Alan Wilson	83,295,087	99.48%	436,769	0.52%
Arndt Brettschneider	83,719,901	99.99%	11,995	0.01%

The voting results for the additional resolution are set out below:

	Votes For	% Votes For	Votes Withheld	% Votes Withheld
Appointment of Auditors	85,120,462	99.48%	448,719	0.52%

About Faraday Copper

Faraday Copper is a Canadian exploration company focused on advancing its flagship copper project in Arizona, U.S. The Copper Creek Project is one of the largest undeveloped copper projects in North America with significant district scale exploration potential. The Company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Faraday trades on the TSX under the symbol "FDY".

For additional information please contact:

Stacey Pavlova, CFA
Vice President, Investor Relations & Communications
Faraday Copper Corp.
E-mail: info@faradaycopper.com
Website: www.faradaycopper.com

To receive news releases by e-mail, please register using the Faraday website at www.faradaycopper.com.

SOURCE: Faraday Copper Corp.

View the original press release on accesswire.com

FAQ

What were the results of Faraday Copper's 2024 Annual General Meeting?

All eight nominee directors were elected and the appointment of the company's auditors was approved.

How many shares were voted at Faraday Copper's Annual General Meeting on June 13, 2024?

A total of 85,569,181 shares were voted, representing 48.46% of the issued and outstanding common shares.

What was the approval rate for Faraday Copper's directors in 2024?

The approval rate for the directors was between 98.64% and 99.99%.

How did shareholders vote on the appointment of auditors at Faraday Copper's 2024 Annual General Meeting?

The appointment of auditors was approved with 99.48% votes in favor.

Where can I find the detailed results of Faraday Copper's 2024 Annual General Meeting?

Detailed results are filed on SEDAR+ and can be accessed at www.sedarplus.ca.