Coral Reports Voting Results of Annual General and Special Meeting
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 22, 2016) - Coral Gold Resources Ltd. (TSX VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) ("Coral" or the "Company") is pleased to report the following voting results in accordance with Section 11.3 of NI 51-102 Continuous Disclosure Obligations. This report briefly describes the matters voted upon and the outcome of the votes at the Annual General and Special Meeting of Shareholders of the Company held on July 22, 2016:
- Setting the Number of Directors at Five
According to proxies received and a vote conducted by a show of hands, the resolution regarding the setting of the number of Directors at five was passed as follows:
Votes For | % For | Votes Against | % Against |
27,933,140 | 99.31 | 194,680 | 0.69 |
- Election of Directors
According to proxies received and a vote conducted by a show of hands, the following directors were elected to the board of directors of the Company as follows:
Director Nominee | Votes For | % For | Votes Withheld | % Withheld |
Ronald Andrews | 23,275,901 | 99.84 | 37,531 | 0.16 |
Gary Robertson | 23,279,652 | 99.86 | 33,780 | 0.14 |
Chris Sampson | 23,256,606 | 99.76 | 56,826 | 0.24 |
David Wolfin | 23,264,195 | 99.79 | 49,237 | 0.21 |
Andrew Kaplan | 23,271,462 | 99.82 | 41,970 | 0.18 |
- Appointment and Remuneration of Auditors
According to proxies received and a vote conducted by a show of hands, the resolution regarding the appointment of Manning Elliott LLP as the Company's auditors and authorization of directors to fix their remuneration was passed as follows: