Centerra Gold Announces Election of Directors
TORONTO, ON--(Marketwired - May 17, 2016) - Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company") announced that the eleven nominees listed in the management information circular for the 2016 Annual Meeting of Shareholders (the "Meeting") held earlier today were elected as directors of Centerra. The vote for director nominees was conducted by ballot. 211,931,501 shares were voted at the Meeting, representing 87.57% of Centerra's issued and outstanding common shares. The detailed results of the vote are set out below:
Nominee Votes For % Votes Votes % Votes % Votes For For Withheld Withheld Excluding Kyrgyzaltyn Vote ---------------------------------------------------------------------------- Richard W. Connor 126,837,770 60.29 83,555,975 39.71 95.37 ---------------------------------------------------------------------------- Raphael A. Girard 132,217,891 62.84 78,175,854 37.16 99.42 ---------------------------------------------------------------------------- Eduard Kubatov 209,147,645 99.41 1,246,100 0.59 99.06 ---------------------------------------------------------------------------- Nurlan Kyshtobaev 209,148,935 99.41 1,244,810 0.59 99.06 ---------------------------------------------------------------------------- Stephen A. Lang 129,372,703 61.49 81,021,042 38.51 97.28 ---------------------------------------------------------------------------- Michael Parrett 132,490,821 62.97 77,902,924 37.03 99.62 ---------------------------------------------------------------------------- Scott G. Perry 129,747,938 61.67 80,645,807 38.33 97.56 ---------------------------------------------------------------------------- Sheryl K. Pressler 132,396,234 62.93 77,997,511 37.07 99.55 ---------------------------------------------------------------------------- Terry V. Rogers 131,634,888 62.57 78,758,857 37.43 98.98 ---------------------------------------------------------------------------- Bektur Sagynov 206,847,322 98.31 3,546,423 1.69 97.33 ---------------------------------------------------------------------------- Bruce V. Walter 129,440,721 61.52 80,953,024 38.48 97.33 ----------------------------------------------------------------------------
In connection with the voting for the election of directors, Centerra notes that Kyrgyzaltyn JSC ("Kyrgyzaltyn") is wholly owned by the Kyrgyz Republic and owns approximately 32% of the outstanding common shares of Centerra. Kyrgyzaltyn is the Company's largest shareholder and it withheld its votes from the election of all director nominees other than Messrs. Kubatov, Kyshtobaev and Sagynov. The director nominees other than Messrs. Kubatov, Kyshtobaev and Sagynov received, on average, over 98% of the votes cast in favour of their election (excluding the votes attached to the shares of Kyrgyzaltyn).
Final voting results on all matters voted on at the Meeting will be filed on SEDAR at www.sedar.com.
About Centerra
Centerra is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in Asia, North America and other markets worldwide. Centerra is the largest Western-based gold producer in Central Asia. Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is headquartered in Toronto, Ontario, Canada.
Additional information on Centerra is available on the Company's web site at www.centerragold.com and at SEDAR at www.sedar.com.
/EINPresswire.com/ -- Attachment Available: http://www.marketwire.com/library/MwGo/2016/5/17/11G098750/14-2016AGM-results_of_voting-Final-ca99f8d1b58889158b7a8fa0a04a6648.pdf
For more information:
John W. Pearson
Vice President, Investor Relations
(416) 204-1953
Email contact
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
