TORONTO, June 22, 2017 /CNW/ - Potash Ridge Corporation (the "Corporation") announced that at today's 2017 Annual General Meeting ("AGM") in Toronto, shareholders voted in favour of all items of business. A total of 29,153,416 votes were cast in person or by proxy at the AGM, representing 23.00% of the outstanding common shares as of the record date.
Election of Directors
|
Nominee
|
Votes For
|
% For
|
Votes Withheld
|
% Withheld
|
|
Robert C. Gross
|
21,300,564
|
79.72%
|
5,417,990
|
20.28%
|
|
Guy Bentinck
|
21,363,129
|
79.96%
|
5,355,426
|
20.04%
|
|
Steve Harapiak
|
26,706,804
|
99.96%
|
11,750
|
0.04%
|
|
Chris Reid
|
26,708,304
|
99.96%
|
10,250
|
0.04%
|
Appointment of Auditor
By a ballot vote, shareholders voted in favour of re-appointing PricewaterhouseCoopers LLP as auditor, and authorized the Board to fix the auditor's remuneration for the ensuring year.
About Potash Ridge
Potash Ridge's strategy is to become a premier producer of potassium sulphate in North America. The Corporation owns two SOP projects: the Valleyfield Project that plans to produce SOP through the Mannheim Process; and the Blawn Mountain Project in Utah that plans to produce potassium sulphate by mining and processing alunite bearing rock. Potash Ridge has a highly qualified and proven management team in place with significant financial, project management and operational experience and the ability to take projects into production.
SOURCE Potash Ridge Corporation
