Mr. Michael Doolin reports
PROPHECY SHAREHOLDERS PASS ALL RESOLUTIONS AT 2019 AGM
All proposed resolutions were approved at Prophecy Development Corp.'s annual general meeting of shareholders, held on Sept. 12, 2019, in Vancouver, B.C. The number of directors was set at five and all director nominees, as listed in the management information circular dated July 25, 2019, were elected as directors of the company at the meeting to serve for a one-year term and hold office until the next annual meeting of shareholders. According to the proxies received and shares voted in person at the meeting, the results were as set out in the attached table.
Director Votes for (1) (2) Votes withheld (1) (2)
John Lee 94.95% 5.05%
Greg Hall 98.23% 1.77%
Masa Igata 95.10% 4.90%
Marc Leduc 95.29% 4.71%
(1) There were 11,908,396 non-votes reported by the scrutineer of the
meeting in respect of the above motion.
(2) The percentages reported in this news release are calculated on
the votes cast in person and by proxy at the meeting, which total
16,131,583 with respect to the above motion.
Davidson & Company LLP, chartered accountants, has been appointed as auditor of the company again, for the ensuing year, and the directors have been authorized to fix its remuneration.
An ordinary resolution of shareholders was approved with respect to the amendments to the company's share-based compensation plan.
Voting results for all resolutions noted herein are reported in the report on voting results as filed under the company's SEDAR profile on Sept. 12, 2019.
About Prophecy Development Corp.
Prophecy is developing the Pulacayo silver project in Bolivia and the Gibellini vanadium project in Nevada.
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