Detour Gold Corporation
TSX : DGC

Detour Gold Corporation

May 09, 2016 10:28 ET

Detour Gold Announces Meeting Results and New Board Member

TORONTO, ONTARIO--(Marketwired - May 9, 2016) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") is pleased to provide voting results for the election of directors as listed in the Management Information Circular dated March 5, 2016 and announce the appointment of a new member to the Board which occurred at the Company's Annual General and Special Meeting of shareholders that was held on May 5, 2016. The detailed results of the vote for the election of directors are set out below.

Nominee Votes For % For Votes Withheld % Withheld
Lisa Colnett 127,383,273 95.69 5,734,431 4.31
Edward C. Dowling 133,048,035 99.95 69,669 0.05
Robert E. Doyle 133,052,989 99.95 64,715 0.05
Andre Falzon 132,743,864 99.72 373,840 0.28
Ingrid J. Hibbard 132,209,570 99.32 908,134 0.68
J. Michael Kenyon 132,238,923 99.34 878,781 0.66
Paul Martin 133,081,613 99.97 36,091 0.03
Alex G. Morrison 127,618,935 95.87 5,498,769 4.13
Jonathan Rubenstein 129,243,494 97.09 3,874,210 2.91
Graham Wozniak 133,054,153 99.95 63,551 0.05

Appointment of new board member:

Mr. Kenyon, Chair of the board of Detour Gold, is pleased to welcome Mr. Edward C. Dowling to the board.

Mr. Dowling holds a Bachelor of Science in Mining Engineering as well as a Master of Science and a Doctor of Philosophy in Mineral Processing, all from Pennsylvania State University. He was President and Chief Executive Officer of Alacer Gold Corp. from 2008 to July 2012 and is currently the Chairman of Alacer Gold Corp. Mr. Dowling is also a director of Teck Resources Limited.

In addition, the Company reports that shareholders voted in favour of the Company's amended and restated Restricted Share Unit Plan, the amended and restated Share Option Plan, and the advisory vote on Executive Compensation ("Say on Pay").

Motions Votes For % For Against % Against
Restricted Share Unit Plan 119,648,158 88.87 14,991,983 11.13
Share Option Plan 119,034,664 88.41 15,605,477 11.59
Executive Compensation 126,568,741 94.01 8,071,400 5.99

Final voting results on all matters voted on at the Annual General and Special Meeting will be filed on SEDAR at www.sedar.com.

About Detour Gold

Detour Gold is an intermediate gold producer in Canada that holds a 100% interest in the Detour Lake mine, a long life large-scale open pit operation. Detour Gold's shares trade on the Toronto Stock Exchange under the trading symbol DGC.

Contact Information

  • Detour Gold Corporation
    Paul Martin
    President and CEO
    (416) 304.0800

    Detour Gold Corporation
    Laurie Gaborit
    Director Investor Relations
    (416) 304.0581