TORONTO, ONTARIO–(Marketwired – June 30, 2016) – Rio Novo Gold Inc. (TSX:RN) (“Rio Novo” or the “Company”) is pleased to announce that all resolutions were passed at the Company’s Annual Meeting of Shareholders (the “Shareholder Meeting”) held on June 30, 2016.
| Item Voted Upon | Voting Result | |||||
| To elect the Directors of the Corporation as set forth in the Management Information Circular of the Corporation dated May 11, 2016. | * The nominees proposed by management were elected as directors of the Corporation by a majority of votes cast by shareholders, as follows: | |||||
| Votes For | Votes Withheld | |||||
| Julio Carvalho | 3,471,231 (92.85 | %) | 267,300 (7.15 | %) | ||
| William Dorson | 3,723,231 (99.59 | %) | 15,300 (0.41 | %) | ||
| Eduardo de Toledo | 3,724,531 (99.63 | %) | 14,000 (0.37 | %) | ||
| To appoint the auditor, McGovern, Hurley Cunningham LLP, as the Auditors of the Corporation for the ensuing year, and to authorize the directors of the Corporation to fix their remuneration | * The resolution was approved by shareholders by a majority of votes cast. | |||||
| Votes For | Votes Withheld | |||||
| Auditor | 20,027,401 (99.96 | %) | 7,045 (0.04 | %) | ||
The formal report on voting results with respect to the matters voted upon at the Meeting was filed on SEDAR at www.sedar.com.
