Seabridge Gold Reports on Results of Annual Meeting of Shareholders
Toronto, June 27, 2019 - Seabridge Gold Inc. (TSX: SEA) (NYSE: SA) (the "Company") today provided the results of its annual general meeting of shareholders held on June 26, 2019. A total of 43,450,286 common shares were voted at the meeting, representing 70.28% of the issued and outstanding common shares of the Company on the record date. All matters presented for approval at the meeting were duly authorized and approved, as follows:
- Fixing the number of directors at nine;
- Election of all management nominees to the board of directors of the Company;
- Appointment of KPMG LLP as auditor of the Company for the ensuing year;
- Authorization of the directors to fix the auditors remuneration;
- Approval of an amendment to the Corporation's Restricted Share Unit Plan ("RSUP") to make directors eligible to receive awards of Restricted Share Units;
- Approval of an amendment to the Corporation's Stock Option Plan and RSUP to create a single pool of shares issuable under both Plans combined and to increase the shares reserved for issue under the both of Corporation's Stock Option Plan and RSUP by 800,000 shares;
- Approval, by disinterested shareholders, of stock option grants to directors of the Company;
- Approval, by disinterested shareholders, of a proposed option grant to a new director.
Detailed voting results for the election of directors were as follows:
| Director | Votes For | Votes Withheld | Percentage For |
| A. Frederick Banfield | 19,299,416 | 4,616,310 | 80.70 |
| Rudi P. Fronk | 23,708,740 | 206,986 | 99.13 |
| Eliseo Gonzalez-Urien | 23,627,873 | 287,853 | 98.80 |
| Richard C. Kraus | 23,693,227 | 222,499 | 99.07 |
| Jay S. Layman | 23,710,122 | 205,604 | 99.14 |
| Melanie Miller | 23,642,244 | 273,482 | 98.86 |
| Clem Pelletier | 23,696,619 | 219,107 | 99.08 |
| John W. Sabine | 23,642,091 | 273,635 | 98.86 |
| Gary A. Sugar | 23,692,711 | 223,015 | 99.07 |
A total of 19,534,560 shares were "non-votes" under U.S. proxy rules and were not cast with respect to the election of each of the directors or the approval of the stock option grants to directors.
All of the nine above-listed directors were elected to the Board.
Commenting on the AGM, Seabridge Chairman and CEO Rudi Fronk welcomed Melanie Miller as a new director to the company. "We are delighted to have Melanie Miller join our Board. Mel's past industry experience in supply chain management as a Vice President with both Newmont and Barrick as well as her most recent role as General Manager at Barrick's Hemlo Operations will broaden our Board's oversight capabilities."
Seabridge Gold Inc. holds a 100% interest in several North American Gold Resource Corp. projects. The Company's principal assets are the KSM and Iskut properties located near Stewart, British Columbia, Canada and the Courageous Lake gold project located in Canada's Northwest Territories. For a breakdown of Seabridge's mineral reserves and resources by project and category please visit the Company's website at http://www.seabridgegold.net/resources.php.
Neither the Toronto Stock Exchange, New York Stock Exchange, nor their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release.
ON BEHALF OF THE BOARD
"Rudi Fronk"
Chairman & C.E.O.
For further information please contact:
Rudi P. Fronk, Chairman and C.E.O.
Tel: (416) 367-9292 • Fax: (416) 367-2711
Email: info@seabridgegold.net
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/45970
