Key points
- All six directors, including chairman Geoffrey Loudon, Russell Debney, Cynthia Thomas, Dr. Mohammed Al Barwani, Tariq Al Barwani and Mark Horn, were re-elected for the ensuing year.
- PricewaterhouseCoopers LLP was reappointed as the company’s auditor for the ensuing year.
- Support for individual director elections ranged from 99.68 per cent to 99.9 per cent of votes cast.
- Chairman Geoffrey Loudon cited the Solwara 1 partnership with Papua New Guinea and a vessel charter with Marine Assets Corporation, with Fujian Mawei Shipbuilding building the vessel, as the company targets seafloor mining in 2018.
Nautilus Minerals Inc. has released the results of its annual general meeting (AGM) held today in Toronto, Ont., at which 34.1 per cent of the issued shares were represented. Shareholders voted strongly in favour of all resolutions brought before them.
Geoffrey Loudon, Nautilus’s chairman, said: “I am delighted that this last year saw us formally commence our partnership in the Solwara 1 project with the independent state of Papua New Guinea; we appreciate their continued support. It is also very exciting for us to have secured a vessel charter with experienced vessel provider Marine Assets Corporation. We look forward to working with them and the shipyard, Fujian Mawei Shipbuilding, in seeing the delivery of our first vessel as we work toward making seafloor mining a reality in 2018.”
The company provides the following report on the voting results of the matters considered at the AGM, the particulars of which are set out in more detail in the company’s information circular filed on SEDAR on May 19, 2015:
Election of directors: Mr. Loudon, Russell Debney, Cynthia Thomas,
Dr. Mohammed Al Barwani, Tariq Al Barwani and Mark Horn were re-elected
as directors of the company for the ensuing year.
Appointment and remuneration of auditor: PricewaterhouseCoopers LLP was reappointed the auditor of the company for the ensuing year and the
directors were authorized to fix its remuneration.
- Election of directors: Mr. Loudon, Russell Debney, Cynthia Thomas,
Dr. Mohammed Al Barwani, Tariq Al Barwani and Mark Horn were re-elected
as directors of the company for the ensuing year.
- Appointment and remuneration of auditor: PricewaterhouseCoopers LLP was reappointed the auditor of the company for the ensuing year and the
directors were authorized to fix its remuneration.
The proxy results of voting in respect of the directors were as follows:
Mr. Loudon:
Votes for: 99.68 per cent
Votes withheld: 0.32 per cent
Votes for: 99.68 per cent
Votes withheld: 0.32 per cent
Mr. Debney:
Votes for: 99.8 per cent
Votes withheld: 0.2 per cent
Votes for: 99.8 per cent
Votes withheld: 0.2 per cent
Dr. Al Barwani:
Votes for: 99.88 per cent
Votes withheld: 0.12 per cent
Votes for: 99.88 per cent
Votes withheld: 0.12 per cent
Ms. Thomas:
Votes for: 99.78 per cent
Votes withheld: 0.22 per cent
Votes for: 99.78 per cent
Votes withheld: 0.22 per cent
Mr. Barwani:
Votes for: 99.87 per cent
Votes withheld: 0.13 per cent
Votes for: 99.87 per cent
Votes withheld: 0.13 per cent
Mr. Horn:
Votes for: 99.9 per cent
Votes withheld: 0.1 per cent
Votes for: 99.9 per cent
Votes withheld: 0.1 per cent
