Canagold Resources Ltd. Announces Voting Results From Annual General and Special Meeting

Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA) (the “Company”) announces that at its annual general and special meeting of shareholders held on June 19, 2023 (the “Meeting”), all directors nominated listed in the Information Circular dated May 17, 2023 were elected. The detailed results are as follows:

Nominee Director

 

Votes For

 

% Votes For

 

Votes Withheld

 

% Votes Withheld

Sofia Bianchi

 

73,489,301

 

91.33

 

6,972,287

 

8.67

Kadri Dagdelen

 

79,930,704

 

99.34

 

530,884

 

0.66

Michael Doyle

 

73,494,293

 

91.34

 

6,967,295

 

8.66

Carmen Letton

 

79,971,112

 

99.39

 

490,476

 

0.61

Andrew Trow

 

79,934,004

 

99.34

 

527,584

 

0.66

At the Meeting, the Shareholders of the Company also approved:

• To fix the number of directors at five;
• Re-appointment of Smythe LLP, Chartered Professional Accountants, as the auditor of the Company for the ensuing year and authorizing the directors to fix their remuneration;
• As described in Company’s Information Circular dated May 17, 2023:

1. Ratification of the Company’s Omnibus Incentive Plan, and (ii) approve and authorize for grant all currently available and unallocated option entitlements issuable under the Omnibus Incentive Plan until June 19, 2026, and (iii) approve the Options and DSU awards under the Omnibus Incentive Plan.

• The adoption of the Company’s new Business Corporations Act (British Columbia) Articles, that include Advance Notice Provisions, as described in the Company’s Information Circular dated May 17, 2023.
• A non-binding advisory ordinary resolution on the Company’s approach to executive compensation, as described in the Company’s Information Circular dated May 17, 2023.

A detailed report on the voting results is filed on the Company’s SEDAR corporate profile at www.sedar.com.