Barrick says slow disclosure of AGM results was because of unspecified technical issues
Barrick Mining Corp. experienced a delay in disclosing the results of its annual general meeting due to unspecified technical issues. The company typically announces results on the same day as the AGM, but this year it took six days. Chairman John Thornton received the lowest approval rating among directors, raising concerns among investors.
- ▪Barrick held its AGM on May 8 and disclosed the results on May 14 due to technical problems.
- ▪Chairman John Thornton received an 81.1 percent approval rating, the lowest among directors.
- ▪The company plans to spin out a 10- to 15-percent stake in its North American operations by the end of the year.
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Open this photo in gallery:The Barrick Mining booth at the PDAC convention in Toronto in March. The mining company held its annual general meeting on May 8 but disclosed the results on May 14.Fred Lum/The Globe and MailShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountBarrick Mining Corp. ABX-T took six days to disclose the voting results at its annual general meeting after running into unspecified technical problems. The Toronto-based mining company held its AGM on May 8 but disclosed the results on May 14. Canada’s second-biggest gold company by market value, Barrick has routinely in the past disclosed the results promptly after the AGM, usually on the same day.
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