Arizona Sonoran Announces AGM Results
21 Juni 2022 - 11:29PM
Business Wire
Arizona Sonoran Copper Company Inc. (TSX:ASCU) (“ASCU” or
the “Company”), an emerging US-based copper developer and near-term
producer, has released the voting results from its Annual General
Meeting, held earlier today.
A total of 49,068,613 common shares were voted at the meeting
representing 69% of the issued and outstanding shares. Shareholders
voted in favour of the business before the meeting, being the
appointment of PricewaterhouseCoopers LLP as Auditors of the
Company, setting the number of Directors to six, and the election
of all director nominees as shown in the table below.
Director
Percentage of Votes in Favour
Votes Received in Favour
David Laing
99.9%
48,949,233
George Ogilvie
99.9%
48,903,669
Alan Edwards
100%
48,949,733
Thom Boehlert
95.9%
46,930,738
Sarah Strunk
99.9%
48,939,233
Mark Palmer
95.9%
46,920,238
About Arizona Sonoran Copper Company (www.arizonasonoran.com |
www.cactusmine.com) ASCU’s objective is to become a mid-tier copper
producer with low operating costs, develop the Cactus Project that
could generate robust returns for investors, and provide a long
term sustainable and responsible operation for the community and
all stakeholders. The Company's principal asset is a 100% interest
in the Cactus Project (former ASARCO, Sacaton mine) which is
situated on private land in an infrastructure-rich area of Arizona.
Contiguous to the Cactus Project the Company is also exploring on
its 100% owned Park Salyer property that could allow for a phased
expansion of the Cactus Mine once it becomes a producing asset. The
Company is led by an executive management team and Board which have
a long-standing track record of successful project delivery in
North America complemented by global capital markets expertise.
Forward-Looking Statements Forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
ASCU to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements. Factors that could affect the outcome
include, among others: future prices and the supply of metals; the
results of drilling; inability to raise the money necessary to
incur the expenditures required to retain and advance the
properties; environmental liabilities (known and unknown); general
business, economic, competitive, political and social
uncertainties; results of exploration programs; accidents, labour
disputes and other risks of the mining industry; political
instability, terrorism, insurrection or war; or delays in obtaining
governmental approvals, projected cash operating costs, failure to
obtain regulatory or shareholder approvals.
Although ASCU has attempted to identify important factors that
could cause actual actions, events or results to differ materially
from those described in forward-looking statements, there may be
other factors that cause actions, events or results to differ from
those anticipated, estimated or intended. Forward-looking
statements contained herein are made as of the date of this news
release and ASCU disclaims any obligation to update any
forward-looking statements, whether as a result of new information,
future events or results or otherwise, except as required by
applicable securities laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20220621006134/en/
Alison Dwoskin, Director, Investor Relations 647-233-4348
adwoskin@arizonasonoran.com
George Ogilvie, President, CEO and Director 416-723-0458
gogilvie@arizonasonoran.com
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