Osisko Development Announces Results of Annual Meeting of Shareholders
- Directors were elected to the board of directors of the Company with high percentage of votes in favor. The auditor was re-appointed with a nearly unanimous vote. The approval of the amended and restated Stock Option Plan was passed with a majority vote in favor.
- None.
MONTREAL, May 11, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces the results of its annual meeting of shareholders (the "Meeting") held on May 11, 2023. A total of 53,200,216 common shares were voted at the Meeting, representing approximately
1. Election of Directors
Each of the directors listed as nominees in Osisko Development's Management Information Circular (the "MIC") dated March 31, 2023, was elected to the board of directors of the Company to serve for the ensuing year or until their successors are duly elected or appointed, with the following results:
Resolution #1 Name of Nominee | Votes For | % Votes For | Votes Against | % Votes Against |
Sean Roosen | 49,239,974 | 109,433 | ||
Charles E. Page | 49,223,227 | 126,180 | ||
Marina Katusa | 49,245,554 | 103,853 | ||
Michèle McCarthy | 49,163,476 | 185,931 | ||
Duncan Middlemiss | 49,256,451 | 92,956 | ||
Éric Tremblay | 49,249,725 | 99,682 | ||
David Danziger | 49,255,980 | 93,427 |
2. Appointment and Remuneration of Auditor
PricewaterhouseCoopers LLP was re-appointed as the Company's independent auditor and the directors were authorized to fix the auditor's remuneration for the ensuing year, with the following results:
Resolution #2 Name of Auditor | Votes For | % Votes For | Votes Withheld | % Votes Withheld |
PricewaterhouseCoopers LLP | 53,020,643 | 36,487 |
3. Approval of the amended and restated Stock Option Plan
The ordinary resolution to approve the adoption of the Company's amended and restated Stock Option Plan as outlined in the MIC dated March 31, 2023, was passed, with the following results:
Resolution #3 | Votes For | % Votes For | Votes Against | % Votes Against |
Stock Option Plan | 47,691,581 | 1,657,826 |
About Osisko Development Corp.
Osisko Development Corp. is a premier North American gold development company focused on high-quality past-producing properties located in mining friendly jurisdictions with district scale potential. The Company's objective is to become an intermediate gold producer by advancing its
For further information, please contact Osisko Development Corp.:
Sean Roosen | Philip Rabenok |
Chairman and CEO | Director, Investor Relations |
Email: sroosen@osiskodev.com | Email: prabenok@osiskodev.com |
Tel: +1 (514) 940-0685 | Tel: +1 (437) 423-3644 |
Neither 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
FAQ
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