Paramount Gold Nevada Corp. Announces the Voting Results of Its 2019 Annual General Meeting
WINNEMUCCA, Nev., Dec. 13, 2019 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (“Paramount” or the “Company”) (NYSE American: PZG) announces the results of the votes from its annual stockholder
meeting which was held on December 11, 2019. There were 27,616,745 shares outstanding and entitled to vote at the meeting as of the record date of October 15, 2019, of which, 15,102,929
shares or 54.69% voted.
The stockholders elected the following seven individuals to Paramount’s Board of Directors for a one year term expiring at the 2020 Annual General Meeting: Rudi Fronk, Glen Van Treek, Christopher Reynolds, John Carden, Eliseo Gonzalez-Urien, Pierre Pelletier and John Seaberg.
Detailed voting results of the election of directors were as follows:
|Name of Nominee||For||Withheld||
|Glen Van Treek||9,125,191||272,582||97.10||2.90|
There were 5,705,156 broker non-votes.
The stockholders ratified MNP LLP as our independent registered public accountants for the year ended June 30, 2020 with 14,599,257 (96.67%) voting ‘for’, 139,228 (0.92%) voting ‘against’ and 364,444 (2.41%) abstaining to vote.
The stockholders voted to approve the payment of interest payable on outstanding convertible notes in common stock with 8,716,627 (92.75%) voting ‘for’, 298,634 (3.18%) voting ‘against’ and 382,512 (4.07%) abstaining to vote.