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Asante Gold Announces Results of Annual General & Special Meeting of Shareholders
Globenewswire· 2025-10-22 21:30
Core Points - Asante Gold Corporation held its annual general and special meeting of shareholders on October 21, 2025, with approximately 52% of outstanding common shares represented [1] - All matters presented for approval by management were duly authorized and approved, including the fixing of the number of directors, appointment of auditors, and approval of incentive plans [1][3] Voting Results - The resolution to fix the number of directors at seven was approved with 373,256,704 votes for (100%) and 1,605 votes against [2] - The appointment of auditors received 373,256,704 votes for (100%) with 1,605 votes withheld [2] - The Omnibus Equity Incentive Plan was approved with 349,100,456 votes for (99.68%) and 1,117,932 votes against [2] - The Employee Share Purchase Plan was approved with 320,412,590 votes for (91.49%) and 29,805,798 votes against [2] Election of Directors - Bashir Akwasi Ahmed was elected with 281,855,663 votes for (80.48%) and 68,362,725 votes withheld [2] - David Anthony was elected with 327,736,313 votes for (93.58%) and 22,482,075 votes withheld [2] - Malik Easah was elected unanimously with 350,217,663 votes for (100%) [2] - Other directors elected include Alex Heath, Alireza Abbassi Monjezi, Roger Norwich, and Alexander Smirnov with varying levels of support [2] Security Based Compensation Plans - Shareholders approved the Omnibus Plan, which is a "rolling" 10% plan allowing for various types of equity grants [5] - The Employee Share Purchase Plan (ESPP) is a "fixed" plan allowing for the issuance of up to 6,000,000 common shares to eligible employees [5] - The total number of common shares reserved for these plans must not exceed 10% of the company's total issued and outstanding common shares [5] Company Overview - Asante Gold Corporation is engaged in gold exploration, development, and operations, with projects and mines located in Ghana [6] - The company operates the Bibiani and Chirano Gold Mines and is conducting studies at the Kubi Gold Project [6] - Asante is exploring additional projects including Keyhole, Fahiakoba, and Betenase, all situated in Ghana's Golden Triangle [6]
Tiny Ltd. Updates on Beneficial Ownership Through Automatic Share Acquisitions
Newsfile· 2025-08-25 21:00
Core Viewpoint - Tiny Ltd. announced that Christopher Sparling, a director and vice-chairman, acquired beneficial ownership of additional Class A common shares through the company's employee share purchase plan, reflecting ongoing investment in the company [1][5]. Group 1: Share Acquisitions - Christopher Sparling acquired 1,182 Common Shares at $0.88 each on July 7, 2025, and 1,146 Common Shares at approximately $0.91 each on August 6, 2025, totaling an investment of about $2,083 [1]. - After these acquisitions, Mr. Sparling's total holdings increased to 18,145,527 Common Shares, representing 7.75% of the issued and outstanding Common Shares on an undiluted basis [4]. Group 2: Shareholding Changes - As of April 19, 2023, Mr. Sparling held 18,143,199 Common Shares, which was 10.24% of the company's total shares [2]. - Following the issuance of new Common Shares, Mr. Sparling's percentage ownership decreased to 7.74% before the recent acquisitions [3]. Group 3: Future Intentions - The shares purchased were for investment purposes, and Mr. Sparling does not currently plan to acquire or dispose of additional securities, although he may consider future actions based on market conditions [5].