Fury Gold Mines AGM Sees 39.8% Turnout, LTI Plan Renewed with 88.5% Support
FURY•Fury Gold Mines recorded a 39.79% shareholder turnout (75.6 million shares) at its June 25 AGM, electing six directors with approval rates ranging from 72.2% to 99.3%. Shareholders also reappointed PwC as auditor with 98.22% support and renewed the three-year long-term incentive plan with 88.5% approval.
1. Shareholder Turnout and Director Count
At the June 25 AGM, 75,644,125 common shares, representing 39.79% of outstanding shares, were present or represented by proxy. Shareholders approved fixing the board size at six directors with 72,290,680 votes for (95.57%) and 3,353,445 against (4.43%).
2. Election of Directors
All six director nominees were elected: Forrester A. Clark received 58,006,167 votes for (99.30%); Brian Christie 49,066,487 votes for (84.00%); Steve Cook 42,174,798 votes for (72.20%); Michael Hoffman 43,713,594 votes for (74.84%); Alison Sagateh Williams 49,290,745 votes for (84.38%); and Philip S. Baker 57,716,716 votes for (98.89%).
3. Appointment of Auditor
PricewaterhouseCoopers LLP was reappointed auditor with 74,293,940 votes for (98.22%) and 1,350,186 votes withheld (1.78%).
4. Renewal of Long-Term Incentive Plan
Shareholders approved renewing the long-term incentive plan for three years, with 51,695,320 votes for (88.50%) and 6,717,527 votes against (11.50%).
