Canagold Resources Ltd. Announces Voting Results From Annual General Meeting

Rhea-AI Summary

Canagold Resources announced the outcomes from its Annual General Meeting held on June 12, 2024. All directors listed in the May 9, 2024 Information Circular were elected. Key voting results included Sofia Bianchi, Kadri Dagdelen, Michael Doyle, Carmen Letton, and Andrew Trow, each receiving over 99% votes in favor. Shareholders also approved the appointment of Davidson & Company LLP as the auditor for the ensuing year and endorsed a non-binding advisory resolution on executive compensation. Detailed results are available on the company's SEDAR+ profile.

Positive

• All nominated directors received over 99% votes in favor, indicating strong shareholder support.
• Davidson & Company LLP was approved as the auditor for the next year, ensuring continuity in financial oversight.
• Shareholders endorsed the company's approach to executive compensation, reflecting confidence in management.

Negative

• None of the points in the PR specifically highlight negative aspects affecting the company's business or stock performance.

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA) (the “Company”) announces that at its annual general meeting of shareholders held on June 12, 2024 (the “Meeting”), all directors listed in the Information Circular dated May 9, 2024 were elected. The detailed results are as follows:

Nominee Director	Votes For	% Votes For	Votes Withheld	% Votes Withheld
Sofia Bianchi	93,941,380	99.46	511,258	0.54
Kadri Dagdelen	94,112,959	99.64	339,679	0.36
Michael Doyle	93,913,780	99.43	538,858	0.57
Carmen Letton	94,112,959	99.64	339,679	0.36
Andrew Trow	94,114,959	99.64	337,679	0.36

At the Meeting, the Shareholders of the Company also approved:

• The appointment of Davidson & Company LLP, Chartered Professional Accountants, as the auditor of the Company for the ensuing year and authorizing the directors to fix their remuneration;
• A non-binding advisory ordinary resolution on the Company’s approach to executive compensation, as described in the Company’s Information Circular dated May 9, 2024.

A detailed report on the voting results is filed on the Company’s SEDAR+ corporate profile at www.sedarplus.ca.

About Canagold

Canagold Resources Ltd. is a growth-oriented gold exploration company focused on advancing the New Polaris Project through feasibility and permitting. Canagold is also seeking to grow its assets base through future acquisitions of additional advanced projects. Canagold has access to a team of technical experts that can help unlock significant value for all Canagold shareholders.

On behalf of the Board of Directors

“Catalin Kilofliski”

Catalin Kilofliski
Chief Executive Officer

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240613770841/en/

For further information please contact:

Knox Henderson, VP Corporate Development

Tel: (604) 416-0337; Cell: (604) 551-2360

Email: knox@canagoldresources.com

Website: www.canagoldresources.com

Source: Canagold Resources Ltd.

FAQ

When was Canagold Resources' Annual General Meeting held?

The Annual General Meeting was held on June 12, 2024.

What were the voting results for Canagold Resources' directors?

All directors received over 99% votes in favor.

Who was appointed as the auditor for Canagold Resources?

Davidson & Company LLP was appointed as the auditor for the ensuing year.

Did shareholders approve Canagold Resources' executive compensation approach?

Yes, shareholders endorsed the non-binding advisory resolution on executive compensation.

Where can detailed voting results for Canagold Resources be found?

Detailed voting results are available on the company's SEDAR+ profile.