Plata Latina Announces AGM Voting Results
Rhea-AI Summary
Plata Latina Minerals (TSXV: PLA) held its Annual General Meeting on July 29, 2024, with 29,529,295 common shares voted, representing 37.36% of the total issued and outstanding shares. Shareholders approved setting the number of directors at three, with Gilmour Clausen, Letitia Wong, and Joseph Longpre elected to the board. Davidson & Company LLP was reappointed as auditors, and the Company's Share Option Plan was approved. All resolutions passed with overwhelming support, with most receiving 100% approval, except for Gilmour Clausen's election (96.95% in favor) and the Share Option Plan (99.92% in favor).
Positive
- High shareholder participation with 37.36% of total shares voted
- Unanimous approval for two out of three director elections
- 100% approval for auditor appointment
- 99.92% approval for the Share Option Plan
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, PLLMF declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2024) - Plata Latina Minerals Corporation (TSXV: PLA) ("Plata Latina" or the "Company") announces the results of the Company's Annual General Meeting ("the Meeting") held on July 29, 2024. A total of 29,529,295 common shares were voted at the Meeting, representing approximately
The results for the items voted at the Meeting are as follows:
| Number of Directors | Votes For | | % For | Votes Against | % Against |
| Set the number of directors at three | 29,529,295 | 0 |
| Election of Directors | Votes For | % For | Votes Withheld | % Withheld | |
| Gilmour Clausen | 28,629,295 | 900,000 | |||
| Letitia Wong | 29,529,295 | 0 | |||
| Joseph Longpre | 29,529,295 | 0 |
The Company reports shareholders reappointed Davidson & Company LLP, Chartered Professional Accountants, as auditors for the ensuing year, and authorized the directors to fix their remuneration.
| Votes For | % For | Votes Against | % Against | ||
| Appointment of Davidson & Company LLP | 29,529,295 | 0 |
The Company's shareholders voted for the Company's Share Option Plan:
| Votes For | % For | Votes Against | % Against | ||
| Approval of Share Option Plan | 29,529,295 | 25,000 |
About Plata Latina Minerals
Plata Latina Minerals was a Canadian exploration company which was in the business of exploring and evaluating mineral property assets, principally in Mexico. The Company has since sold or relinquished its interests in four Mexican mineral properties and is undergoing a strategic review process, which includes capitalizing on the value of the Company as a clean listed shell with modest cash and cash flow. Following the completion of an option agreement in 2020 where the Company sold its Naranjillo Property to Fresnillo for a total of US
For more information, please contact:
Patricia Fong
Chief Financial Officer
Telephone: +1 800 933 9925
Email: info@plminerals.com
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218331
FAQ
When was Plata Latina Minerals 's (TSXV: PLLMF) Annual General Meeting held?
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