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    Trilogy Metals Announces Election of Directors and Voting Results from the 2022 Annual Meeting of Shareholders

    5/16/22 2:31:00 PM ET
    $TMQ
    Precious Metals
    Basic Materials
    Get the next $TMQ alert in real time by email

    TSX / NYSE American

    Symbol: TMQ

    VANCOUVER, BC, May 16, 2022 /PRNewswire/ - Trilogy Metals Inc. (TSX:TMQ) (NYSE:TMQ) ("Trilogy Metals" or the "Company") is pleased to announce the detailed voting results on the items of business considered at its Annual Meeting of the Shareholders ("Meeting") held in Vancouver on Friday, May 13, 2022. All proposals were approved and the nominees listed in the management proxy circular for the meeting were all elected as directors. A total of 118,263,353 or 81.30% of the Company's issued and outstanding shares were represented at the Meeting.

    Shareholder Voting Results

    The Shareholders voted on the following matters at this year's Meeting. Other than Proposals 1, 3, 4, 5 and 6, which represents votes by ballot, the results presented below represent votes accordingly to proxies received.

    Proposal 1: Election of Directors

    Nominee

    Votes

    For

    %

    For

    Votes

    Withheld

    %

    Withheld

    Tony Giardini

    101,505,574

    99.76

    239,157

    0.24

    James Gowans

    87,137,657

    85.64

    14,604,074

    14.36

    William Hayden

    101,527,372

    99.79

    217,359

    0.21

    William Hensley

    101,512,528

    99.77

    232,203

    0.23

    Gregory Lang

    97,853,372

    96.18

    3,891,359

    3.82

    Kalidas Madhavpeddi

    98,448,800

    96.76

    3,295,931

    3.24

    Janice Stairs

    97,892,140

    96.21

    3,852,590

    3.79

    Diana Walters

    98,474,256

    96.79

    3,270,475

    3.21

     

    Proposal 2: Appointment of the Auditor

    Votes For

    % Votes For

    Votes Withheld

    % Votes Withheld

    117,890,256

    99.75

    297,296

    0.25

     

    Proposal 3: Approval of amendments to and unallocated entitlements under the Restricted Share Unit Plan

    Votes

    For

    % Votes

    For

    Votes

    Against

    % Votes

    Against

    Votes

    Abstaining

    % Votes

    Abstaining

    92,690,774

    91.10

    8,859,700

    8.71

    194,256

    0.19

     

    Proposal 4: Approval of amendments to and unallocated entitlements under the Deferred Share Unit Plan

    Votes

    For

    % Votes

    For

    Votes

    Against

    % Votes

    Against

    Votes

    Abstaining

    % Votes

    Abstaining

    90,077,518

    88.53

    11,440,948

    11.24

    226,264

    0.23

     

    Proposal 5: Approval of a non-binding resolution approving the compensation of the Company's Named Executive Officers

    Votes

    For

    % Votes

    For

    Votes

    Against

    % Votes

    Against

    Votes

    Abstaining

    % Votes

    Abstaining

    89,034,428

    87.51

    12,354,613

    12.14

    355,689

    0.35

     

    Proposal 6: Approval of non-binding vote on the frequency of a non-binding vote on the compensation of the Company's Named Executive Officers

    Votes for

    One Year

    % Votes

    For One

    Year

    Votes for

    Two Years

    % Votes

    for Two

    Years

    Votes for

    Three Years

    % Votes

    for Three Years

    82,494,024

    81.25

    146,989

    0.14

    18,895,660

    18.61

     

    Detailed results of all items of business are also available in the Report of Voting Results filed under the Company's SEDAR profile at www.sedar.com ("SEDAR") and on the Form 8-K filed under the Company's EDGAR profile at www.sec.org ("EDGAR").

    About Trilogy Metals

    Trilogy Metals Inc. is a metal exploration and development company which holds a 50 percent interest in Ambler Metals LLC which has a 100 percent interest in the Upper Kobuk Mineral Projects ("UKMP") in Northwestern Alaska. On December 19, 2019, South32, a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy. The UKMP is located within the Ambler Mining District which is one of the richest and most-prospective known copper-dominant districts in the world. It hosts world-class polymetallic volcanogenic massive sulphide ("VMS") deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the Ambler Mining District – the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within a land package that spans approximately 181,387 hectares. Ambler Metals has an agreement with NANA Regional Corporation, Inc., an Alaska Native Corporation that provides a framework for the exploration and potential development of the Ambler Mining District in cooperation with local communities. Trilogy's vision is to develop the Ambler Mining District into a premier North American copper producer.

    Cision View original content:https://www.prnewswire.com/news-releases/trilogy-metals-announces-election-of-directors-and-voting-results-from-the-2022-annual-meeting-of-shareholders-301548218.html

    SOURCE Trilogy Metals Inc.

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