Key points
- Russell Debney, Cynthia Thomas, Dr. Mohammed Al Barwani, Tariq Al Barwani and Mark Horn were re-elected as directors for the ensuing year.
- PricewaterhouseCoopers LLP was reappointed as auditor, with directors authorized to fix its remuneration.
- Director votes in favour ranged from 99.52 per cent for Cynthia Thomas to 99.82 per cent for Mark Horn.
- Chairman Russell Debney said the subsea production support vessel has now had over 88 per cent of its steel cut, alongside delivery of seafloor production tools and factory acceptance testing of the subsea slurry lift pump.
Nautilus Minerals Inc. has released the results of its annual general meeting held today in Toronto, Ont., at which 26.28 per cent of the issued shares were represented. Shareholders voted strongly in favour of all resolutions brought before them.
Russell Debney, Nautilus’s chairman, said: “I am delighted with the progress we have made in the past year on the build of the sea floor production equipment. We accepted delivery of the sea floor production tools, commenced factory acceptance testing on the subsea slurry lift pump while also progressing the build of our production support vessel, which now has over 88 per cent of the steel cut.”
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 3, 2016:
Election of directors: 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 as the auditor of the company for the ensuing year, and the
directors were authorized to fix its remuneration.
- Election of directors: 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 as 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 shown in the attached table.
Votes for Votes withheld
Mohammed Al Barwani 99.61% 0.39%
Tariq Al Barwani 99.61% 0.39%
Russell Debney 99.70% 0.30%
Cynthia Thomas 99.52% 0.48%
Mark Horn 99.82% 0.18%
