Tincorp Announces Results of Annual General & Special Meeting
In This Article:
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2024) - Tincorp Metals Inc. (TSXV: TIN) (OTCQX: TINFF) ("Tincorp" or the "Company") is pleased to report that all resolutions were approved today at the Company's Annual General and Special Meeting of shareholders (the "Meeting"). The voting results are as follows:
| Total issued and outstanding Common Shares as at Record Date: | 66,907,423 |
| Total percentage of Common Shares voted: | 61.55% |
| Matter Voted Upon | Voting Result | |||||
| Fixing the number of directors of the Company at five (5) | The number of directors of the Company for the ensuing year was fixed at five (5), by a majority of shareholders: | |||||
| | Votes For | Votes against | | |||
|
| | 41,168,807 | (99.97%) | 13,080 | (0.03%) | |
| Election of Directors | The following nominees were elected as directors of the Company until the next annual meeting of shareholders of the Company, by a majority of shareholders: | |||||
| | Votes For | Votes Withheld | Non Vote | |||
| Dr. Rui Feng | 39,468,607 | (99.11%) | 355,738 | (0.89%) | 1,357,542 | |
| Lorne Waldman | 39,787,230 | (99.91%) | 37,115 | (0.09%) | 1,357,542 | |
| Bhakti Pavani | 39,470,284 | (99.11%) | 354,061 | (0.89%) | 1,357,542 | |
| Alex Zhang | 39,792,116 | (99.92%) | 32,229 | (0.08%) | 1,357,542 | |
| Hernan Uribe- | 39,782,302 | (99.89%) | 42,043 | (0.11%) | 1,357,542 | |
| Appointment of Deloitte LLP, as Auditors of the Company | Deloitte LLP, Independent Registered Public Accounting Firm, was reappointed as the Company's auditors for the ensuing year, and the directors were authorized to fix their remuneration, by a majority of shareholders: | |||||
|
|
| Votes For |
| Votes Withheld |
|
|
|
|
| 41,159,732 | (99.95%) | 22,155 | (0.05%) |
|
| Approval of the Company's Omnibus Equity Incentive Plan (the "Plan") | The Plan was approved by a majority of shareholders: | |||||
|
| Votes For |
| Votes Against |
| Non Vote | |
|
|
| 38,489,465 | (96.65%) | 1,334,880 | (3.35%) | 1,357,542 |
Approval of the Company's Omnibus Equity Incentive Plan (the "Plan")
The Plan has been approved by the Company's shareholders at the Meeting, it replaces the Company's existing stock option plan and allows for the grant of options to purchase up to 10% of the total issued and outstanding common shares calculated on the date of the grant, and the grant of other forms of equity incentive securities to acquire up to 6,690,742 common shares. The Plan remains subject to the final approval of the TSX Venture Exchange.
About Tincorp
Tincorp Metals Inc. is a mineral exploration company focusing on tin projects in Bolivia and a gold project near Whitehorse, Yukon, Canada. The Company acquired a 100% interest in the Porvenir Project and SF Tin Project, which are 70 km southeast of Oruro, Bolivia. The Company's 100% owned Skukum Gold Project is approximately 84 km south of Whitehorse by road. An independent mineral resource estimate update in respect of the Skukum Gold Project was completed in October 2022.