Newcore Gold confirms director re-elections and new incentive plan
Newcore Gold shareholders have re-elected the company's board and approved a new long-term incentive plan at the 2024 annual general meeting.
Newcore Gold Ltd. concluded its annual general meeting (AGM) on July 18, 2024, with shareholders approving all resolutions presented by the board. The vote solidifies the company’s current governance structure as it continues its primary operations in Ghana.
The meeting resulted in the re-election of all seven incumbent directors: Douglas B. Forster, Blayne Johnson, Luke Alexander, Omaya Elguindi, Ryan King, George Salamis, and Michael Vint. Shareholders also approved the adoption of a new long-term incentive plan and the reappointment of PricewaterhouseCoopers LLP as auditors for the upcoming fiscal year.
The turnout for the meeting accounted for 73,006,572 common shares, representing 39.67% of the total shares issued and outstanding as of the record date. Newcore Gold maintains its focus on the Enchi Gold Project, a land package located within the Bibiani Shear Zone in Ghana.