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VANCOUVER, British Columbia, June 25, 2024 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX:TI)Titan“or”Company”) announced that all matters presented for approval at the annual meeting of Titan shareholders held today, as set forth in the Company’s Management Information Circular dated May 13, 2024 (“circular“), has been approved. These include:
- Vote each of the Company’s six nominees as directors of the Company;
- Re-appoint Ernst & Young, LLP, Chartered Professional Accountants, as auditors of the Company for the following year and authorize the directors to fix their remuneration.
- Approve all unallocated rights and other rights under the current restricted stock unit plan, as stated in the Circular; and
- Approve all options not provided under the Company’s current stock option plan, as specified in the Circular;
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A summary of the Titan Board of Directors election results is available below:
name of Nomination | Votes For | Votes against | Votes Arrested | |||
Number | % | Number | % | Number | % | |
John Boehner | 94,461,043 | 99.99 | – | – | 8,151 | 0.01 |
Leonard Boggio | 87,344,941 | 92.46 | – | – | 7,124,253 | 7.54 |
William Mulo | 87,304,891 | 92.42 | – | – | 7,164,303 | 7.58 |
George Pataki | 87,345,941 | 92.46 | – | – | 7,123,253 | 7.54 |
Donald R. Taylor | 94,463,043 | 99.99 | – | – | 6.151 | 0.01 |
Richard Warke | 94,422,993 | 99.95 | – | – | 46,201 | 0.05 |
About
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Titan is an Augusta Group company that produces zinc concentrate at its 100% Empire State Mine located in New York state. Titan is built for growth, focused on value and committed to excellence. For more information about the Company, please visit our website at www.titanminingcorp.com.
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Certain statements and information contained in this new release are “forward-looking statements”, and “forward-looking information” within the meaning of applicable securities laws (collectively, “forward-looking statements”). These statements appear in several places in this news release and include statements about our intentions, or the current beliefs or expectations of our officers and directors, including the timing of the payment of Dividends. When used in this news release, words such as “be”, “will”, “planned”, “will”, “potential”, and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company cannot guarantee that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors, and other factors that could cause actual results or events to differ materially from those anticipated in the forward-looking statements, including risks, uncertainties and other factors which are identified in the Company’s periodic filings with Canadian securities regulators. . These forward-looking statements are based on various assumptions, including assumptions about the ability to develop exploration efforts in the ESM; the results of such exploration efforts; ability to secure adequate funding (as needed); The company maintains its current strategy and objectives; and the Company’s ability to achieve its growth objectives. While the Company considers these assumptions to be reasonable, based on currently available information, they may not be correct. Unless required by applicable law, we undertake no obligation to update or publicly announce the results of any changes in the forward-looking statements contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors that affect forward-looking statements. If we update one or more forward-looking statements, there is no inference that we will make additional updates to those or other forward-looking statements. You should not place too much importance on forward-looking statements and should not rely on these statements as other dates. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
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