Dakota Gold Corp. Announces Meeting Results

Rhea-AI Summary

Dakota Gold announced the results of its annual shareholder meeting held on May 14, 2024. The meeting saw 66.65% of total shares represented. Key resolutions included the election of directors, with Gerald Aberle and Jonathan Awde receiving over 99% support. Shareholders also ratified Ernst & Young LLP as auditors for 2024 with 99.90% approval and approved the company's reincorporation from Nevada to Delaware with 98.85% support.

Positive

• All proposals were approved at the annual shareholder meeting.
• 66.65% of issued and outstanding shares were represented.
• Directors elected with high approval: Gerald Aberle (99.85%), Jonathan Awde (99.83%), Stephen O'Rourke (99.19%), and Robert Quartermain (99.13%).
• Ernst & Young LLP ratified as auditors with 99.90% approval.
• Reincorporation from Nevada to Delaware approved with 98.85% support.

Negative

• Some directors received less favorable votes: Jennifer Grafton (85.67%) and Amy Koenig (90.74%).
• A significant number of shares abstained from voting on the reincorporation (0.87%).

Lead, South Dakota--(Newsfile Corp. - May 15, 2024) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to announce that all proposals were approved at the annual meeting of stockholders held on Tuesday, May 14, 2024 in Lead, South Dakota (the "Meeting"). A total of 56,478,574 or 66.65% of the Company's issued and outstanding shares were represented at the Meeting.

The following nominees were elected as directors of the Company:

	For	% For	Withheld	% Withheld
Gerald Aberle	49,462,069	99.85%	74,946	0.15%
Jonathan Awde	49,451,506	99.83%	85,509	0.17%
Jennifer Grafton	42,436,612	85.67%	7,100,403	14.33%
Amy Koenig	44,948,529	90.74%	4,588,486	9.26%
Stephen O'Rourke	49,133,366	99.19%	403,649	0.82%
Robert Quartermain	49,108,264	99.13%	428,751	0.87%
Alice Schroeder	46,751,237	94.38%	2,785,778	5.62%

 

Jonathan Awde, President, CEO and a director of Dakota Gold, stated, "I would like to thank all of the shareholders who voted at the Meeting. We appreciate your continued support as we advance our projects in South Dakota."

The Company's shareholders have also ratified the appointment of Ernst & Young LLP, as the Company's independent registered public accounting firm for fiscal year ending December 31, 2024 (56,422,815 shares or 99.90% voted "For", 20,244 or 0.04% voted "Against" and 35,515 or 0.06% abstained from voting).

In addition, the Company's shareholders have approved the reincorporation of the Company from the State of Nevada to the State of Delaware (48,965,426 shares or 98.85% voted "For", 141,226 or 0.29% voted "Against" and 428,563 or 0.87% abstained from voting).

About Dakota Gold Corp.

Dakota Gold (NYSE American: DC) is a South Dakota-based responsible gold exploration and development company with a specific focus on revitalizing the Homestake District in Lead, South Dakota. Dakota Gold has high-caliber gold mineral properties covering over 48 thousand acres surrounding the historic Homestake Mine.

The Dakota Gold team is focused on new gold discoveries and opportunities that build on the legacy of the Homestake District and its 145 years of gold mining history.

Subscribe to Dakota Gold's e-mail list at www.dakotagoldcorp.com to receive the latest news and other Company updates.

Shareholder and Investor Inquiries

For more information, please contact:
Jonathan Awde, President and Chief Executive Officer
Tel: +1 604-761-5251
Email: JAwde@dakotagoldcorp.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/209266

FAQ

What were the results of Dakota Gold’s annual shareholder meeting on May 14, 2024?

All proposals were approved, including the election of directors and the ratification of Ernst & Young LLP as auditors.

What percentage of shares were represented at Dakota Gold’s 2024 annual meeting?

66.65% of the company's issued and outstanding shares were represented.

Who were elected as directors at Dakota Gold’s 2024 annual meeting?

Gerald Aberle, Jonathan Awde, Jennifer Grafton, Amy Koenig, Stephen O'Rourke, Robert Quartermain, and Alice Schroeder were elected.

Which auditing firm was ratified by Dakota Gold shareholders in 2024?

Ernst & Young LLP was ratified as the company's independent registered public accounting firm.

Did Dakota Gold shareholders approve the reincorporation from Nevada to Delaware in 2024?

Yes, the reincorporation was approved with 98.85% support.