Rupert Resources Announces Annual Meeting Voting Results
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TORONTO — Rupert Resources Ltd. (' Rupert Resources ' or the ' Company ') announces the voting results from the 2025 Annual Meeting.
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The nine nominees listed in its management information circular (the ' Circular ') dated May 26, 2025 were elected as directors at the Annual Meeting of Shareholders of Rupert Resources (the ' Meeting '). Carol Plummer will now join the board of directors as a nominee for Agnico Eagle, one of the Company's largest shareholders. Carol is currently the Executive Vice President, Sustainability, People & Culture at Agnico Eagle, and has extensive operating experience, including in Finland, where she was previously the General Manager of Agnico Eagle's Kittilä mine. Carol was also recently appointed Chair of the Mining Association of Canada.
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Gunnar Nilsson, Non-Executive Chairman of Rupert Resources said:
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'We appreciate the support of shareholders in passing all resolutions at the 2025 annual meeting. We are also very pleased to welcome Carol Plummer to the Board. Her operational experience in Finland will be a valuable addition to the diverse skill set offered by the existing non-executive directors.'
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There were 121,850,560 common shares represented in person or by proxy at the Meeting (representing 52.06% of the issued and outstanding common shares of the Corporation being 234,056,848 as of the record date for the Meeting). The voting results for the Meeting are set out below.
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At the Meeting, the following resolutions as set out in the Circular, were passed as ordinary resolutions of Rupert's shareholders. Proxies and votes received at the Meeting were as follows:
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Election of Directors:
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Appointment of Auditors:
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An ordinary resolution to appoint MNP LLP to serve as the independent auditors of the Corporation and authorizing the directors of the Corporation to fix the auditors' remuneration was also approved by ballot.
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Based on proxies and votes received at the Meeting, 121,796,111 common shares (approximately 99.96%) voted 'for', and 54,449 common shares (approximately 0.04%) 'withheld'.
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Article Amendments:
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A Special Resolution adopting certain amendments to the existing articles of the Company, in order to make certain necessary changes required in connection with the Company's graduation to the TSX and certain other housekeeping amendments (collectively, the ' Article Amendments '. The details of the Article Amendments were set out in Schedule C of the Management Information Circular dated May 26, 2025.
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Based on proxies and votes received at the Meeting, 112,042,314 common shares (approximately 94.64%) voted 'for', and 6,343,265 common shares (approximately 5.36%) 'against'.
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Amendments to Equity Incentive Plan and Renewal of Unallocated Entitlements Thereunder:
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An ordinary resolution for amendments to the Company's amended and restated equity incentive plan dated November 9, 2022 (the ' Equity Incentive Plan '), as set out in Schedule D of the Management Information Circular (collectively, the ' Equity Incentive Plan Amendments '), the details of which were set out in Schedule 'D' of the Company's Management Information Circular dated May 26, 2025, together with renewal of unallocated entitlements to continue granting stock options, performance share units and restricted share units under the Plan until June 25, 2028 (collectively, the ' Entitlement Renewals ').
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Based on proxies and votes received at the Meeting, 115,652,408 common shares (approximately 97.69%) voted 'for', and 2,733,171 common shares (approximately 2.31%) 'against'.
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The results of the matters considered at the Meeting are reported in the Report of Voting Results as filed under the Company's issuer profile on SEDAR+ ( www.sedarplus.ca) on June 25, 2025.
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Neither the TSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Contacts
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For further information, please contact:
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Graham Crew
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Chief Executive Officer
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Michael Stoner
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Rupert Resources Ltd
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