Result of AGM

SolGold PLC

21 December 2023

 

21 December 2023

SolGold plc

("SolGold" or the "Company")

Results of Annual General Meeting

SolGold (LSE & TSX: SOLG) confirms that all resolutions put to shareholders at the Annual General Meeting held on 20 December 2023 in Brisbane, Australia (the "Meeting") were conducted via a poll, where the proxy votes received ahead of the meeting were combined with votes cast at the meeting.

The meeting was held in Brisbane, Australia.

A breakdown of the poll result for each resolution put to the Meeting is set out below:

Resolutions	Votes for	% (1)	Votes against	% (1)	Withheld (2)
Ordinary Resolutions
1. STATEMENTS & REPORTS	1,921,620,903	99.56	8,501,095	0.44	2,263,814
2. DIRECTORS' REMUNERATION	1,715,682,056	88.94	213,284,080	11.06	3,419,676
3. RE-ELECT MR. N MATHER	1,209,678,248	62.61	722,407,771	37.39	299,793
4. RE-ELECT MS. M ALBAN	1,808,729,756	93.61	123,367,162	6.39	288,894
5. RE-ELECT MR. S CALDWELL	1,916,592,340	99.22	15,160,173	0.78	633,299
6. RE-ELECT MR. S VUJCIC	1,805,976,682	93.53	124,883,803	6.47	1,525,327
7. ELECT MR. A VAN BARNEVELD	1,922,151,409	99.55	8,696,415	0.45	1,523,767
8. RE-APPOINT PwC AUDITORS	1,918,877,286	99.39	11,733,773	0.61	1,774,753
9. AUDITOR REMUNERATION	1,917,401,654	99.34	12,683,899	0.66	2,300,259
10. AUTHORITY TO ALLOT SHARES	1,290,753,271	66.89	638,899,364	33.11	2,733,177
Special Resolutions
11. DISAPPLY PRE-EMPTION RIGHTS	1,293,106,097	67.01	636,520,601	32.99	2,759,114
12. FURTHER DISAPPLY PRE-EMPTION RIGHTS	1,292,991,556	67.01	636,540,601	32.99	2,853,655

Notes:

(1) As a percentage of the aggregate of votes "for" plus votes "against".

(2) A withheld vote is not counted towards the votes cast "for" or "against" a resolution.

As the resolution in respect to the election of Mr. Adrian (Steve) van Barneveld was passed, Mr. Barneveld is a Director of the Company with effect from 20 December 2023.  Mr. Liam Twigger and Mr. James Clare did not offer themselves for re-election at the AGM and have ceased to hold their positions as Directors of the Company with effect from the conclusion of the Annual General Meeting held on 20 December 2023.

Scott Caldwell, CEO commented:

"I would like to thank Liam Twigger and James Clare for their many years of service as directors of the Company and wish them well.  I welcome Steve van Barneveld to the Board and look forward to his input to the Board and the Company.  I note that resolutions in relation to the disapplication of pre-emption rights were not passed and I look forward to working with shareholders to better understand their views."

CONTACTS

Scott Caldwell Chief Executive Officer	Tel: [phone]
Tavistock (Media) Jos Simson/Gareth Tredway	Tel: [phone]

ABOUT SOLGOLD

SolGold is a leading resources company focused on the discovery, definition and development of world-class copper and gold deposits and continues to strive to deliver objectives efficiently and in the interests of shareholders.

The Company operates with transparency and in accordance with international best practices. SolGold is committed to delivering value to its shareholders while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace, and minimizing environmental impact.

SolGold is listed on the London Stock Exchange and Toronto Stock Exchange (LSE/TSX: SOLG).

See www.solgold.com.au for more information.

CAUTIONARY NOTICE

News releases, presentations and public commentary made by SolGold plc (the "Company") and its Officers may contain certain statements and expressions of belief, expectation or opinion which are forward looking statements, and which relate, inter alia, to interpretations of exploration results to date and the Company's proposed strategy, plans and objectives or to the expectations or intentions of the Company's Directors, including the plan for developing the Project currently being studied as well as the expectations of the Company as to the forward price of copper. Such forward-looking and interpretative statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such interpretations and forward-looking statements.

Accordingly, the reader should not rely on any interpretations or forward-looking statements; and save as required by the exchange rules of the TSX and LSE or by applicable laws, the Company does not accept any obligation to disseminate any updates or revisions to such interpretations or forward-looking statements. The Company may reinterpret results to date as the status of its assets and projects changes with time expenditure, metals prices and other affecting circumstances.

This release may contain "forward‑looking information". Forward‑looking information includes, but is not limited to, statements regarding the Company's plans for developing its properties. Generally, forward‑looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". 

Forward‑looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward‑looking information, including but not limited to: transaction risks; general business, economic, competitive, political and social uncertainties; future prices of mineral prices; accidents, labour disputes and shortages and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, risks relating to the ability of exploration activities (including assay results) to accurately predict mineralization; errors in management's geological modelling and/or mine development plan; capital and operating costs varying significantly from estimates; the preliminary nature of visual assessments; delays in obtaining or failures to obtain required governmental, environmental or other required approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; the global economic climate; fluctuations in commodity prices; the ability of the Company to complete further exploration activities, including drilling; delays in the development of projects; environmental risks; community and non-governmental actions; other risks involved in the mineral exploration and development industry; the ability of the Company to retain its key management employees and skilled and experienced personnel; and those risks set out in the Company's public documents filed on SEDAR+ at www.sedarplus.ca. Accordingly, readers should not place undue reliance on forward‑looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

The Company and its officers do not endorse, or reject or otherwise comment on the conclusions, interpretations or views expressed in press articles or third-party analysis.

See www.solgold.com.au for more information. Follow us on 'X' @SolGold_plc

 

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