Liberty Gold Reports Voting Results from Annual General Meeting

Rhea-AI Summary

Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) announced the results of its Annual General Meeting held on June 9, 2022. With 201,073,785 shares voted, representing 63.63% of outstanding shares, all director nominees were approved, including Dr. Mark O'Dea with 94.30% support. Donald McInnes did not stand for re-election. Additionally, PricewaterhouseCoopers was reappointed as auditor. The company also noted that Vice President Brian Martin will leave on June 17, 2022, for another opportunity in the gold sector. Details are available on SEDAR.

Positive

• All director nominees received substantial shareholder support: Dr. Mark O'Dea (94.30%), Cal Everett (99.71%).
• Reappointment of PricewaterhouseCoopers as auditor signifies stability and shareholder confidence.

Negative

• Departure of Vice President Brian Martin may impact business development initiatives.

VANCOUVER, British Columbia, June 09, 2022 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce voting results from the Company’s Annual General Meeting of Shareholders held on June 9, 2022 (the “Meeting”).

Donald McInnes, who has been a director of the Company for over ten years, did not stand for re-election at the Meeting. Mark O’Dea, Chairman of Liberty Gold, stated, “We’d like to thank Donald for his formidable contributions to Liberty Gold, he’s been an instrumental part of the Company’s journey since its inception in 2011, and we wish him all the best on his future endeavours.”

A total of 201,073,785 common shares were voted, representing the votes attached to 63.63% of all outstanding common shares. Shareholders voted in favour of the election of all director nominees. The percentage of votes cast for each is as follows:

		Total number of ‘for’ votes cast:	Votes ‘for’:
	Dr. Mark O’Dea	171,633,025	94.30%
	Mr. Cal Everett	181,491,051	99.71%
	Mr. Robert Pease	165,031,309	90.67%
	Mr. Sean Tetzlaff	181,409,527	99.67%
	Ms. Barbara Womersley	180,677,118	99.26%
	Mr. Greg Etter	181,466,983	99.70%

The reappointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants as auditor of the Company, was also approved by the shareholders.

Voting results are released in accordance with Toronto Stock Exchange requirements. Detailed voting results for the Meeting are available on SEDAR at www.sedar.com.

Management Update

Mr. Brian Martin, the Company’s Vice President, Business Development, will be leaving Liberty Gold, effective June 17^th, 2022, to pursue another business opportunity in the gold sector. Cal Everett, President and CEO of Liberty Gold, stated, “In Brian’s short tenure with us, he had a big impact on the Company. While we are sorry to see him go, we wish him all the best in his future role.”

ABOUT LIBERTY GOLD
Liberty Gold is focused on exploring for and developing open pit oxide deposits in the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining.  This region is one of the most prolific gold-producing regions in the world and stretches across Nevada and into Idaho and Utah.  We know the Great Basin and are driven to discover and advance big gold deposits that can be mined profitably in open-pit scenarios.  Our flagship projects are Black Pine in Idaho and Goldstrike in Utah, both past- producing open-pit mines, where previous operators only scratched the surface.

For more information, visit libertygold.ca or contact:

Susie Bell, Manager, Investor Relations
Phone: 604-632-4677 or Toll Free 1-877-632-4677
info@libertygold.ca

FAQ

What were the voting results of Liberty Gold's Annual General Meeting on June 9, 2022?

Liberty Gold reported 201,073,785 shares were voted, representing 63.63% of outstanding shares, with all director nominees approved.

Who is leaving Liberty Gold effective June 17, 2022?

Brian Martin, Vice President of Business Development, will be leaving for another opportunity in the gold sector.

What percentage of votes did Dr. Mark O'Dea receive at the AGM?

Dr. Mark O'Dea received 94.30% of the votes cast in favor of his re-election.

Which auditor was reappointed by Liberty Gold shareholders?

PricewaterhouseCoopers LLP was reappointed as auditor at the Annual General Meeting.