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Highbank announces Results of Annual General Meeting

Vancouver, B.C. – July 22, 2019 – Highbank Resources Ltd. (TSX.V –”HBK”), (the “Company”).

The Annual General Meeting of Highbank Resources Ltd. was held July 19, 2019. At the meeting the shareholders re-elected James H. Place, Gary Musil, Victor N. Bryant, Luard J. Manning, and William J. Loucks, for the upcoming year. The scrutineer reported that there were a total of 11 shareholders holding 5,958,959 common shares represented in person or by proxy at the meeting. This represents 4.26% of the total 139,906,621 shares issued and outstanding at record date.

The results of the Election of Directors were:

Nominee Votes for Percent Votes Withheld Percent
James H. Place 5,655,084 94.90% 303,875 5.10%
Victor N. Bryant 5,953,959 99.91% 5,000 0.09 %
Gary Musil 5,655,084 94.90% 303,875 5.10%
Luard J. Manning 5,953,959 99.91% 5,000 0.09 %
William J. Loucks 5,953,959 99.91% 5,000 0.09 %

Shareholders approved, subject to acceptance by the TSX Venture Exchange, the Company’s Incentive Stock Option Plan (94.98 in favour). Shareholders also approved the re-appointment of Crowe MacKay LLP, Chartered Accountants as auditors for the ensuing year, and authorized the Directors to fix their remuneration (100% in favour).

Other resolutions submitted by management to shareholders for consideration were approved as presented; including the ratifying of the Company’s Advance Notice Policy (“ANP”) as attached to the Information Circular as Schedule “C”. In order for the ANP to remain in effect, the ANP must be ratified, confirmed and approved at each subsequent Annual General Meeting (95.77% in favour).

At the Directors Meeting following; the Directors appointed James H. Place as President/Chief Executive Officer & Chairman, and Gary Musil as Corporate Secretary/Chief Financial Officer. The Audit Committee appointees are: Gary Musil, William (Bill) J. Loucks, and Victor N. Bryant.

The Board of Directors would like to thank the Company’s shareholders for their continued support throughout the past year.

ON BEHALF OF THE BOARD OF DIRECTORS OF HIGHBANK RESOURCES LTD.

“Gary Musil”

Gary Musil
CFO/Director

NT4

The post Highbank announces Results of Annual General Meeting appeared first on NationTalk.

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