International Tower Hill Mines Announces Results from 2022 Annual General Meeting of Shareholders
International Tower Hill Mines Ltd. (TSX: ITH, NYSE American: THM) held its 2022 Annual General and Special Meeting on May 24, 2022, in Fairbanks, AK.
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Rhea-AI Summary
International Tower Hill Mines Ltd. (TSX: ITH, NYSE American: THM) held its 2022 Annual General and Special Meeting on May 24, 2022, in Fairbanks, AK. Shareholders elected directors receiving majority votes, including Anton Drescher (87.02%), Karl Hanneman (99.76%), and others. The current auditors, Davidson & Company LLP, were reappointed for the fiscal year ending December 31, 2022. Additionally, shareholders approved the executive compensation on an advisory basis with an 89.18% majority. Detailed voting results are available on the Company's website.
Positive
- All proposed directors were elected with over 87% approval, indicating strong shareholder support.
- Reappointment of Davidson & Company LLP as auditors reflects confidence in financial governance.
- Executive compensation received a favorable advisory vote, suggesting alignment between executive performance and shareholder interests.
Negative
- None.
Details
News Market Reaction – THM
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VANCOUVER, BC, May 25, 2022 /PRNewswire/ - International Tower Hill Mines Ltd. (the "Company") - (TSX: ITH) (NYSE American: THM) announces the results from its 2022 Annual General and Special Meeting of shareholders held in Fairbanks, AK, USA on Tuesday, May 24, 2022 ("Meeting").
At the Meeting, the Company's shareholders elected the following individuals as directors of the Company, with all receiving a majority of the votes cast, as follows:
Director | Votes For | Votes Withheld | |
Anton Drescher | 120,784,904 ( | 18,009,216 ( | |
Karl Hanneman | 138,466,542 ( | 327,577 ( | |
Stuart Harshaw | 135,604,942 ( | 3,189,178 ( | |
Marcelo Kim | 136,095,437 ( | 2,698,683 ( | |
Stephen Lang | 135,640,108 ( | 3,154,012 ( | |
Christopher Papagianis | 138,436,185 ( | 357,935 ( | |
Thomas Weng | 138,482,671 ( | 311,449 ( | |
The shareholders re-appointed the current auditors, Davidson & Company LLP, Chartered Accountants, as auditors of the Company for the fiscal year ending December 31, 2022 and authorized the directors to fix their remuneration.
The shareholders approved, on an advisory non-binding basis ("Say on Pay"), the compensation paid to the Company's executive officers (
The detailed proxy voting on all resolutions submitted to the shareholders at the Meeting is contained in the "Report of Voting Results" for the Meeting which will be available under the Company's profile on SEDAR and on the Company's website or upon request by contacting the Company at 1-855-428-2825.
International Tower Hill Mines Ltd. controls
On behalf of
International Tower Hill Mines Ltd.
(signed) Karl L. Hanneman
Chief Executive Officer
This news release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.
View original content:https://www.prnewswire.com/news-releases/international-tower-hill-mines-announces-results-from-2022-annual-general-meeting-of-shareholders-301554893.html
SOURCE International Tower Hill Mines Ltd.
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