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Monument Mining Ltd V.MMY

Alternate Symbol(s):  MMTMF

Monument Mining Limited is a Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has a 20% interest in Tuckanarra Gold Project, jointly owned with Odyssey Gold Ltd in the same region. Located in the Central Gold Belt of Western Malaysia, the Selinsing Gold Mine covers a total area of approximately 150.3 square kilometers (km2) and includes the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub properties. The Murchison Gold Project includes the Burnakura, Gabanintha, and Tuckanarra properties, which are located in the Murchison goldfield of Western Australia, 40 kilometers (km) southeast of Meekatharra and approximately 765km northeast of Perth. Buffalo Reef lies continuously and contiguously along the gold trend upon which the Selinsing Gold Property is located. Both Felda and Famehub are located east and north of the Selinsing and Buffalo Reef properties.


TSXV:MMY - Post by User

Post by Gazoo2021on Oct 25, 2022 12:19pm
99 Views
Post# 35046939

Issue #1 of past AGM voting Follow Up

Issue #1 of past AGM voting Follow UpMonument Mining has not been following the CBCA requirements.

We have voted For or Withhold and we should have been voting For or Against

From the AGM circular Bottom of Page 8 and page 9

''In limited circumstances, the elected directors may also reappoint the incumbent director even though s/he did not receive majority support in the most recent election.
More specifically, the CBCA allows reappointment in two circumstances:
(a) where it is required to satisfy the CBCA’s Canadian residency requirement; or 

 (b) where it is required to satisfy the CBCA’s requirement that at least two directors of a reporting issuer not also be officers or employees of the corporation or its affiliates. If the shareholders fail to elect the number or minimum number of directors required by the issuer’s articles due to a lack of a majority of “for” votes for any director nominee(s), the directors who were elected at the meeting may exercise all their powers as directors provided that they constitute a quorum.

The BCBCA does not have majority voting requirements for uncontested director elections. In an uncontested election, all director nominees who receive any “for” votes will be elected. ''

The last sentence is what has occurred contracry to the CBCA.
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