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The Company is pleased to report that, as in prior years, a very high shareholder response was achieved, with 86.203% of Century’s outstanding shares having been voted at the meeting. At that meeting, the shareholders:
- set the size of the Board of Directors at nine members;
- elected the Board of Directors;
- re-appointed
PricewaterhouseCoopers LLP as the Company’s auditors for the upcoming year; and - re-approve the Company’s Equity Incentive Plan and all unallocated awards thereunder, as required every three years by the
Toronto Stock Exchange .
Number of Directors
The number of directors of the Company for the ensuing year was confirmed as and set at nine (9). The voting results on this matter are as follows:
Setting the Number of Directors | ||
FOR | 101,828,312 | 99.933% |
ABSTAINED | 68,300 | 0.067% |
* % results rounded to 0.000%.
Election of Directors
Century’s shareholders accepted management’s nominations for election to the Company’s Board of Directors with overwhelming support. All of the nominees served as directors or alternate director of the Company prior to the meeting and were re-elected as directors until the Company’s next annual meeting of shareholders. The voting results on the election of directors are as follows:
Director | FOR | AGAINST | ABSTAINED | |||
101,490,181 | 99.812% | 181,431 | 0.178% | 9,900 | 0.010% | |
101,613,212 | 99.933% | 58,400 | 0.057% | 9,900 | 0.010% | |
101,613,212 | 99.933% | 58,400 | 0.057% | 9,900 | 0.010% | |
Jionghui Wang | 101,613,212 | 99.933% | 58,400 | 0.057% | 9,900 | 0.010% |
101,477,381 | 99.799% | 194,231 | 0.191% | 9,900 | 0.010% | |
101,613,212 | 99.933% | 58,400 | 0.057% | 9,900 | 0.010% | |
101,477,381 | 99.799% | 204,131 | 0.201% | 0 | 0.000% | |
101,618,312 | 99.938% | 53,300 | 0.052% | 9,900 | 0.010% | |
101,613,212 | 99.933% | 68,300 | 0.067% | 0 | 0.000% |
* % results rounded to 0.000%.
Re-appointment of Auditors
At the meeting, the Company’s shareholders re-appointed
Re-appointment of Auditors | ||
FOR | 101,886,712 | 99.990% |
ABSTAINED | 9,900 | 0.010% |
* % results rounded to 0.000%.
Re-approval of the Equity Incentive Plan
At the meeting, the Company’s shareholders also re-approved the Company’s Equity Incentive Plan and adopted the resolutions set out on page 37 of the Company’s Management Information Circular dated
Re-approval of the Equity Incentive Plan | ||
FOR | 78,302,313 | 77.007% |
AGAINST | 23,379,199 | 22.993% |
* % results rounded to 0.000%.
ABOUT CENTURY
Joyce Lake, our most advanced project, is an open pit direct shipping iron ore project in
Century Food
Century Food is a subsidiary operation of the Company which started a few years ago and is a value-adding marketing and distribution business of quality food products sourced from such regions as
For further information please contact:
416-977-3188
IR@centuryglobal.ca
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
THIS PRESS RELEASE CONTAINS “FORWARD-LOOKING INFORMATION” WITHIN THE MEANING OF CANADIAN SECURITIES LEGISLATION. THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF CENTURY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. FORWARD-LOOKING INFORMATION INCLUDES INFORMATION THAT RELATES TO, AMONG OTHER THINGS, THE COMPLETION OF THE RIGHTS OFFERING AND USE OF PROCEEDS OF THE RIGHTS OFFERING, CENTURY’S OWNERSHIP AND PLANS FOR SPIN-0UT, LISTING, FINANCING AND DEVELOPMENT OF THE JOYCE LAKE DSO IRON ORE PROJECT, INCLUDING (I) ESTIMATES AS TO RESOURCES AND RESERVES FOR THE PROJECT, (II) ESTIMATES AS TO THE CAPITAL COSTS, OPERATING COSTS, PRODUCTION RATES,
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