U.S. Gold Corp. Announces Results of its 2021 Annual Meeting of Stockholders

Rhea-AI Summary

U.S. Gold Corp. (NASDAQ: USAU) announced the results of its Annual Meeting of Stockholders, held virtually on September 20, 2021. All proposals received approval from stockholders, including the election of five directors: George Bee, Ryan Zinke, Robert Schafer, Tara Gilfillan, and Michael Waldkirch, who will serve until the next annual meeting. Additionally, Marcum, LLP was ratified as the Company’s independent public accountant for the fiscal year ending April 30, 2022. CEO George Bee expressed gratitude for stockholder support and looks forward to future exploration efforts.

Positive

• Approval of all proposals at the Annual Meeting, indicating strong stockholder support.
• Election of experienced directors to enhance the Board's capabilities.
• Ratification of a reputable independent accountant, fostering financial transparency.

Negative

• None.

ELKO, Nev., Sept. 21, 2021 /PRNewswire/ -- U.S. Gold Corp. (the "Company") (NASDAQ: USAU), a gold exploration and development company, today announced the results of its Annual Meeting of Stockholders (the "Meeting") held virtually on September 20, 2021.

The following proposals were approved by the Company's stockholders at the Meeting:

• Election of five directors George Bee, Ryan Zinke, Robert Schafer, Tara Gilfillan and Michael Waldkirch, to hold office until the next annual meeting of stockholders and until their respective successors have been duly elected and qualified; and
• Ratification of Marcum, LLP as the Company's independent registered public accountant for its fiscal year ending April 30, 2022.

George Bee, U.S. Gold Corp.'s President, Chief Executive Officer and Executive Chairman, stated, "We are pleased that all the proxy proposals passed successfully at our Annual Meeting of Stockholders with strong stockholder support.  On behalf of U.S. Gold Corp., our Board and entire management team, I would like to personally thank all of our stockholders for taking the time to vote and for their support.  I look forward to working closely with our Board and updating our stockholders on our future exploration efforts." 

About U.S. Gold Corp.

U.S. Gold Corp. is a publicly traded, U.S. focused gold exploration company. U.S. Gold Corp. has a portfolio of exploration properties. Copper King, now the CK Gold Project, is located in Southeast Wyoming and has a Preliminary Economic Assessment (PEA) technical report, which was completed by Mine Development Associates. Keystone and Maggie Creek are exploration properties on the Cortez and Carlin Trends in Nevada. The Challis Gold Project is located in Idaho. For more information about U.S. Gold Corp., please visit www.usgoldcorp.gold.

For additional information, please contact:

U.S. Gold Corp. Investor Relations:
+1 800 557 4550
ir@usgoldcorp.gold 
www.usgoldcorp.gold

View original content:https://www.prnewswire.com/news-releases/us-gold-corp-announces-results-of-its-2021-annual-meeting-of-stockholders-301381567.html

SOURCE U.S. Gold Corp.

FAQ

What were the outcomes of the U.S. Gold Corp. Annual Meeting on September 20, 2021?

All proposals were approved, including the election of five directors and ratification of Marcum, LLP as the independent accountant.

Who were the newly elected directors at U.S. Gold Corp.'s Annual Meeting?

The elected directors are George Bee, Ryan Zinke, Robert Schafer, Tara Gilfillan, and Michael Waldkirch.

What is the significance of the ratification of Marcum, LLP for U.S. Gold Corp.?

It ensures that U.S. Gold Corp. has a reputable independent accountant for its fiscal year ending April 30, 2022, enhancing financial oversight.

How did CEO George Bee respond to the Annual Meeting results?

George Bee expressed gratitude for stockholder support and emphasized collaboration with the Board for future exploration efforts.