Klondike Gold Announces AGM Results

Rhea-AI Summary

Klondike Gold Corp held its annual general meeting on December 15, 2022, where shareholders elected five directors, including Peter Tallman and Anne Labelle. All proposed matters were approved, such as the appointment of Davidson & Company LLP as auditors and the adoption of a new stock option plan. The company focuses on its 100% owned Klondike District Gold Project in Yukon, which has identified an initial mineral resource of 469,000 Indicated and 112,000 Inferred gold ounces.

Positive

• Election of five experienced directors enhancing governance.
• Approval of new stock option and share unit plans to incentivize management.
• Identification of an Initial Mineral Resource of 469,000 Indicated and 112,000 Inferred gold ounces.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / December 15, 2022 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) ("Klondike Gold" or the "Company") is pleased to announce the results of its annual general meeting of shareholders held on December 15, 2022. The Company elected five directors to its board, namely Peter Tallman, Gordon Keep, John Pallot, Steven Brunelle and Anne Labelle.

The shareholders approved all other matters as proposed, including the appointment of Davidson & Company LLP, Chartered Professional Accountants as auditors of the Company, approval of the Company's stock option plan, and the approval of the Company's new restricted share unit and deferred share unit plan.

ABOUT KLONDIKE GOLD CORP.

Klondike Gold is a Vancouver based gold exploration company advancing its 100% owned Klondike District Gold Project located at Dawson City, Yukon, one of the top mining jurisdictions in the world. The Klondike District Gold Project targets gold associated with district scale orogenic faults along the 55-kilometer length of the famous Klondike Goldfields placer district. Multi-kilometer gold mineralization has been identified at both the Lone Star Zone and Stander Zone, among other targets. The Company has identified an Initial Mineral Resource of 469,000 Indicated and 112,000 Inferred gold ounces, a milestone first for the Klondike District. The Company is focused on exploration and development of its 586 square kilometer property accessible by scheduled airline and government-maintained roads located on the outskirts of Dawson City, Yukon, within the Tr'ondëk Hwëch'in First Nation traditional territory.

ON BEHALF OF KLONDIKE GOLD CORP.

"Peter Tallman"
Peter Tallman
President and CEO

FOR FURTHER INFORMATION:

Telephone: (604) 609-6138
E-mail: info@klondikegoldcorp.com
Website: www.klondikegoldcorp.com

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

SOURCE: Klondike Gold Corp.

View source version on accesswire.com:
https://www.accesswire.com/732139/Klondike-Gold-Announces-AGM-Results

FAQ

What were the results of Klondike Gold's annual general meeting on December 15, 2022?

During the annual general meeting on December 15, 2022, shareholders elected five directors and approved all proposed resolutions, including the appointment of new auditors and stock option plans.

What is the significance of the mineral resource identified by Klondike Gold?

Klondike Gold identified an Initial Mineral Resource of 469,000 Indicated and 112,000 Inferred gold ounces at its Klondike District Gold Project, marking a significant milestone for the company.

Who were the directors elected at Klondike Gold's AGM?

The elected directors at Klondike Gold's AGM include Peter Tallman, Gordon Keep, John Pallot, Steven Brunelle, and Anne Labelle.

What are the new plans approved by Klondike Gold shareholders?

Shareholders approved a new stock option plan and a restricted share unit and deferred share unit plan to align management incentives with shareholder interests.