Orogen Royalties Announces Results of the 2024 Annual General and Special Meeting
Orogen Royalties held its Annual General and Special Meeting on October 29, 2024, with shareholders approving all presented matters. The meeting saw participation through proxy voting of 67,895,414 shares, representing 33.67% of outstanding shares. Key approvals included director nominations with over 98% approval rates, appointment of auditor (99.98%), re-adoption of Omnibus Equity Incentive (99.77%), and re-confirmation of Shareholders Rights Plan (99.95%). The company holds royalties in the producing Ermitaño Mine in Mexico (2.0% NSR) and Silicon gold project in Nevada (1.0% NSR).
Orogen Royalties ha tenuto la sua Assemblea Generale e Straordinaria il 29 ottobre 2024, con gli azionisti che hanno approvato tutte le questioni presentate. L'incontro ha visto la partecipazione tramite voto per delega di 67.895.414 azioni, che rappresentano il 33,67% delle azioni in circolazione. Le approvazioni chiave hanno incluso le nomine dei consiglieri con oltre il 98% di approvazione, la nomina del revisore (99,98%), la readozione dell'Omnibus Equity Incentive (99,77%) e la riconferma del Piano di Diritti degli Azionisti (99,95%). L'azienda detiene royalties nella miniera Ermitaño in Messico (2,0% NSR) e nel progetto in oro Silicon in Nevada (1,0% NSR).
Orogen Royalties celebró su Junta General y Especial Anual el 29 de octubre de 2024, con los accionistas aprobando todos los asuntos presentados. La reunión contó con la participación a través de votación por poder de 67,895,414 acciones, representando el 33.67% de las acciones en circulación. Las aprobaciones clave incluyeron nominaciones de directores con tasa de aprobación superior al 98%, nombramiento del auditor (99.98%), readopción del Omnibus Equity Incentive (99.77%) y reconfirmación del Plan de Derechos de los Accionistas (99.95%). La empresa posee regalías en la mina Ermitaño en México (2.0% NSR) y en el proyecto de oro Silicon en Nevada (1.0% NSR).
Orogen Royalties는 2024년 10월 29일 연례 일반 및 특별 회의를 개최했으며, 주주들은 제출된 모든 사항을 승인했습니다. 회의에는 67,895,414주가 위임 투표로 참여하여 발행주식의 33.67%를 차지했습니다. 주요 승인 사항으로는 98% 이상의 승인률을 기록한 이사 추천, 감사인 임명(99.98%), Omnibus Equity Incentive 재채택(99.77%), 그리고 주주 권리 계획 재확인(99.95%)이 포함되었습니다. 회사는 멕시코의 Ermitaño 광산(2.0% NSR)과 네바다의 Silicon 금 프로젝트(1.0% NSR)에서 로열티를 보유하고 있습니다.
Orogen Royalties a tenu son Assemblée Générale Annuelle et Spéciale le 29 octobre 2024, avec des actionnaires approuvant toutes les questions présentées. La réunion a vu la participation par vote par procuration de 67 895 414 actions, représentant 33,67% des actions en circulation. Les approbations clés comprenaient des nominations d'administrateurs avec des taux d'approbation de plus de 98%, la nomination d'un auditeur (99,98%), la réadoption de l'Omnibus Equity Incentive (99,77%), et la reconfirmation du Plan de Droits des Actionnaires (99,95%). L'entreprise détient des royalties dans la mine produtrice d'Ermitaño au Mexique (2,0% NSR) et le projet aurifère de Silicon au Nevada (1,0% NSR).
Orogen Royalties hielt am 29. Oktober 2024 die jährliche Haupt- und Sonderversammlung ab, bei der die Aktionäre alle vorgestellten Angelegenheiten genehmigten. An der Versammlung nahmen 67.895.414 Aktien durch Stimmrechtsvertretung teil, was 33,67% der ausstehenden Aktien entspricht. Wichtige Genehmigungen umfassten die Nominierung von Direktoren mit über 98% Zustimmung, die Bestellung des Wirtschaftsprüfers (99,98%), die Wiederverabschiedung des Omnibus Equity Incentive (99,77%) und die Wiederbestätigung des Aktionärsrechtsplans (99,95%). Das Unternehmen hält Royalties in der produzierenden Ermitaño-Mine in Mexiko (2,0% NSR) und dem Goldprojekt Silicon in Nevada (1,0% NSR).
- High approval rates (>98%) for all meeting resolutions indicating strong shareholder support
- Holds revenue-generating royalty (2.0% NSR) in producing Ermitaño gold and silver Mine
- Strategic 1.0% NSR royalty in AngloGold Ashanti's Silicon gold project
- Low shareholder participation rate (33.67%) in voting
VANCOUVER, BC / ACCESSWIRE / October 30, 2024 / (TSXV:OGN)(OTCQX:OGNRF) Orogen Royalties Inc. ("Orogen" or the "Company") is pleased to announce the voting results for its Annual General and Special Meeting (the "Meeting") of shareholders held October 29, 2024.
A total of 67,895,414 shares were voted by proxy representing
Director Nominee | Votes | Votes | Withheld/ | % For | % Against | % Withheld/ |
Number of Directors | 67,878,073 | 17,341 | - | - | ||
J. Patrick Nicol | 67,161,378 | - | 734,036 | - | ||
Justin Quigley | 67,887,673 | - | 7,741 | - | ||
Roland Butler | 67,887,593 | - | 7,821 | - | ||
Samantha Shorter | 67,866,173 | - | 29,241 | - | ||
Timothy Janke | 67,887,673 | - | 7,741 | - | ||
Appointment of Auditor | 67,882,960 | - | 12,454 | - | ||
Re-Adoption and Re-Approval of the Omnibus Equity Incentive | 67,738,743 | 156,671 | - | - | ||
Re-Confirmation of Shareholders Rights Plan | 67,858,991 | 36,423 | - | - |
Each of the resolutions approved at the Meeting are described in detail in the Company's Management Proxy Circular dated September 16, 2024, available on SEDAR+ at www.sedarplus.ca and the Company's website at www.orogenroyalties.com.
About Orogen Royalties Inc.
Orogen Royalties is focused on organic royalty creation and royalty acquisitions on precious and base metal discoveries in western North America. The Company's royalty portfolio includes the producing Ermitaño gold and silver Mine in Sonora, Mexico (
On Behalf of the Board
OROGEN ROYALTIES INC.
Paddy Nicol
President & CEO
To find out more about Orogen, please contact Paddy Nicol, President & CEO at 604-248-8648, and Marco LoCascio, Vice President of Corporate Development at 604-248-8648. Visit our website at www.orogenroyalties.com.
Orogen Royalties Inc.
1015 - 789 West Pender Street
Vancouver, BC
Canada V6C 1H2
info@orogenroyalties.com
Forward Looking Information
This news release includes certain statements that may be deemed "forward looking statements". All statements in this presentation, other than statements of historical facts, that address events or developments that Orogen Royalties Inc. (the "Company") expect to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.
Although the Company believe the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Furthermore, the extent to which COVID-19 may impact the Company's business will depend on future developments such as the geographic spread of the disease, the duration of the outbreak, travel restrictions, physical distancing, business closures or business disruptions, and the effectiveness of actions taken in Canada and other countries to contain and treat the disease. Although it is not possible to reliably estimate the length or severity of these developments and their financial impact as of the date of approval of these condensed interim consolidated financial statements, continuation of the prevailing conditions could have a significant adverse impact on the Company's financial position and results of operations for future periods.
Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE: Orogen Royalties Inc
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