Victoria Gold Announces Voting Results from Annual General Meeting

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Algemeen advies 24/06/2021 09:35
TORONTO, Ontario, June 23, 2021 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to announce the results of its Annual General Meeting (the "Meeting") held today in Toronto, Ontario. Shareholders voted in favour of all items proposed by the board of directors and management.
The director nominees as listed in the Management Information Circular dated May 11, 2021 were elected as directors of the Company at the meeting to serve until the next Annual General Meeting. In addition, Ernst & Young LLP was appointed as auditors of the Company for the ensuing year. The results are as follows:
Total Eligible Votes: 62,398,706, Total Voted: 39,795,732 Total Voted %: 63.78%
Nominees For For % Against/ Withheld Against/ Withheld%
Number of Directors 36,358,409 99.70% 110,594 0.30%
T. Sean Harvey 31,603,558 86.66% 4,865,378 13.34%
John McConnell 34,638,631 94.98% 1,830,372 5.02%
Christopher Hill 36,259,261 99.42% 209,742 0.58%
Michael McInnis 32,648,772 89.52% 3,820,164 10.48%
Letha MacLachlan 36,199,690 99.26% 269,313 0.74%
Stephen Scott 32,572,730 89.32% 3,896,273 10.68%
Joseph Ovsenek 36,273,864 99.47% 195,072 0.53%
Appointment of Auditors 39,677,420 99.71% 116,338 0.29%
“Mr. Sean Roosen did not stand for re-election as a director at today’s Meeting. On behalf of the Board of Directors, I would like to take this opportunity to thank Sean for his guidance and support over the critical transition years from developer to producer. We wish him well in all future endeavours.” said John McConnell, President & CEO.

About the Dublin Gulch Property
Victoria Gold’s 100%-owned Dublin Gulch gold property (the “Property”) is situated in central Yukon Territory, Canada, approximately 375 kilometers north of the capital city of Whitehorse, and approximately 85 kilometers from the town of Mayo. The Property is accessible by road year round, and is connected to Yukon Energy’s electrical grid.
The Property covers an area of approximately 555 square kilometers, and is the site of the Company’s Eagle and Olive Gold Deposits. The Eagle Gold Mine is Yukon’s newest operating gold mine. The Eagle and Olive deposits include Proven and Probable Reserves of 3.3 million ounces of gold from 155 million tonnes of ore with a grade of 0.65 grams of gold per tonne, as outlined in a National Instrument 43-101 Technical Report for the Eagle Gold Mine dated December 3, 2019. The Mineral Resource under National Instrument 43-101 – Standards of Disclosure for Mineral Projects for the Eagle and Olive deposits has been estimated to host 227 million tonnes averaging 0.67 grams of gold per tonne, containing 4.7 million ounces of gold in the “Measured and Indicated” category, inclusive of Proven and Probable Reserves, and a further 28 million tonnes averaging 0.65 grams of gold per tonne, containing 0.6 million ounces of gold in the “Inferred” category.



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