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China Gold International Reports Results of its Annual General and Special Meeting of Shareholders



China Gold International Resources Corp. Ltd.

VANCOUVER - TheNewswire - June 30, 2023 - China Gold International Resources Corp. Ltd. (TSX:CGG); (HKEx:2099) (the “Company” or “China Gold International Resources”) announces the results of its annual general and special meeting of shareholders (the “AGM”) held on June 29, 2023 (Vancouver time).

A total of 266,425,841 common shares, representing 67.21% of the issued and outstanding common shares of the Company, were present in person or by proxy at the meeting. The detailed results are presented below:

No.

Resolutions

Number of Votes

% of Votes Cast For (rounded)

1.

To approve, by ordinary resolution, setting the number of Directors at nine (9).

For

Against

Total

 

228,510,121

37,915,720

 266,425,841

 

85.77%

3.

To elect as Directors:

For

Withheld

Total

 

(i)

JUNHU TONG

253,790,919

12,634,922

266,425,841

95.26%

(ii)

YUANHUI FU

253,812,519

12,613,322

266,425,841

95.27%

(iii)

WEIBIN ZHANG

253,684,319

12,741,522

266,425,841

95.22%

(iv)

NA TIAN

225,840,454

40,585,387

266,425,841

84.77%

(v)

WANMING WANG

225,840,954

40,584,887

266,425,841

84.77%

(vi)

YINGBIN IAN HE

266,322,216

103,625

266,425,841

99.96%

(vii)

WEI SHAO

265,640,365

785,476

266,425,841

99.71%

(viii)

BIELIN SHI

266,400,620

25,221

266,425,841

99.99%

(ix)

RUIXIA HAN

266,383,825

42,016

266,425,841

99.98%

13.

To re-appoint Deloitte Touche Tohmatsu as auditors of the Company at a remuneration to be fixed by the Board.

For

Withheld

Total

 

266,404,753

21,088

266,425,841

 

99.99%

15.

To grant to the Board a general mandate to allot, issue and otherwise deal with unissued Shares not exceeding 20% of the aggregate number of issued Shares as at the date of the passing of this resolution.

For

Against

Total

 

215,693,424

30,982,583

246,676,007

   

87.44%

17.

To grant to the Board a general mandate to repurchase Shares not exceeding 10% of the aggregate number of issued Shares as at the date of the passing of this resolution.

For

Against

Total

 

246,674,691

1,316

246,676,007

  

99.99%

19.

To extend the share allotment mandate by the addition thereto of the Shares repurchased by the Company.

For

Against

Total

 

226,561,994

20,114,013

246,676,007

 

91.85%

21.

To approve, by ordinary resolution of the Independent Shareholders, the Fourth Supplemental Contract for Purchase and Sale of Doré and the 2024-2026 Gold Doré Annual Caps thereunder.

For

Against

Total

 

70,154,858

37,917,953

108,072,811

   

64.91%

23.

To approve, by ordinary resolution of the Independent Shareholders, the Fourth Supplemental Products and Services Framework Agreement and the 2024-2026 P&S Annual Caps thereunder.

For

Against

Total

 

70,150,258

37,922,553

108,072,811

  

64.91%

  

24.

To approve, by ordinary resolution of the Independent Shareholders, the First Supplemental Financial Services Agreement and the 2024-2026 Deposit Cap thereunder.

WITHDRAWN Note 1

 

25.

To approve, by special resolution, the new Articles of the Company.

For

Against

Total

 

254,081,393

12,344,448

266,425,841

 

95.37%

 

Note 1: In response to development subsequent to the issuance of the Circular and feedback received from Shareholders, the Company did not submit Resolution no.9 for consideration and approval at the Meeting.

Note 2: The table above only provides a summary of the Resolutions. The full text of these Resolutions is set out in the Notice.

 

About China Gold International Resources

China Gold International Resources is a gold and base metal mining company incorporated in BC, Canada and operates two mines, the CSH Gold Mine in Inner Mongolia, China and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. The Company’s objective is to build shareholder value through growing production at its current mining operations, expanding its resource base, and acquiring and developing new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKEx: 2099).

For further information on the Company, please refer to SEDAR’s website at www.sedar.com, The Stock Exchange of Hong Kong Limited’s website at www.hkex.com.hk, the Company's website at www.chinagoldintl.com, or call the Company at +1-604-609-0598 and email to info@chinagoldintl.com.

Cautionary Note About Forward-Looking Statements

Certain information regarding China Gold International Resources contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although China Gold International Resources believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. China Gold International Resources cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what China Gold International Resources currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.