CGOOF - Continental Gold Announces Voting Results of Annual and Special Meeting

May, 31 2019 08:00 AM Continental Gold Ltd

Canada NewsWire

TORONTO, May 31, 2019

TORONTO, May 31, 2019 /CNW/ - Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) ("Continental" or the "Company") announces the voting results of its 2019 Annual and Special Meeting of Shareholders (the "Meeting") held on May 30, 2019.

Election of Directors

At the Meeting, all nominees listed in the Company's management information circular dated April 15, 2019 were elected as directors of the Company. Shareholders present in person or represented by proxy at the Meeting voted by ballot as follows:

Nominee
Number of Shares
Percentage of Votes Cast
For
Withheld/ Abstain
For
Withheld/ Abstain
Leon Teicher
104,987,850
16,089,334
86.71
13.29
Ari Sussman
104,980,915
16,096,369
86.71
13.29
Martín Carrizosa
105,378,450
15,698,834
87.03
12.97
Stephen Gottesfeld
103,261,109
17,816,175
85.29
14.71
Claudia Jiménez
120,955,614
121,670
99.90
0.10
Paul Murphy
117,514,345
3,562,939
97.06
2.94
Christopher Sattler
116,503,242
4,574,042
96.22
3.78
Kenneth Thomas
117,841,089
3,236,195
97.33
2.67

Appointment of Auditors

At the Meeting, according to proxies received and a vote by show of hands, PricewaterhouseCoopers LLP were appointed as auditors of the Company to hold office until the close of the next annual general meeting of the Company and the Board of Directors of the Company was authorized to fix their remuneration, with the following results:

Number of Shares
Percentage of Votes Cast
For
Withheld/ Abstain
For
Withheld/ Abstain
126,292,301
482,591
99.62
0.38

Debenture Conversion Disinterested Shareholder Approval

At the Meeting, the Debenture Conversion Disinterested Shareholder Approval Resolution, as disclosed in the Company's management information circular, was approved. Shareholders present in person or represented by proxy at the Meeting voted by ballot as follows:

Number of Shares

Percentage of Votes Cast

For

Against

For

Against

83,497,444*

195,996

99.77

0.23

*Excluding 37,383,844 shares held by insiders

The formal report of voting results with respect to all matters voted upon at the Meeting will be filed on SEDAR at www.sedar.com.

About Continental Gold
Continental Gold Inc. is an advanced-stage exploration and development company with an extensive portfolio of 100%-owned gold projects in Colombia. Formed in April 2007, the Company – led by an international management team with a successful track record of discovering and developing large high-grade gold deposits in Latin America – is focused on advancing its fully-permitted high-grade Buriticá gold project to production with first gold pour on track for the first half of 2020.

SOURCE Continental Gold Inc.

View original content: http://www.newswire.ca/en/releases/archive/May2019/31/c6569.html

Paul Begin, Chief Financial Officer, Continental Gold Inc., +1.416.583.5610, info@continentalgold.com, www.continentalgold.comCopyright CNW Group 2019

Company Name:	Continental Gold Ltd
Stock Symbol:	CGOOF
Market:	OTC
Website:	continentalgold.com

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