St. Augustine Announces Results of Its Annual General Meeting
St. Augustine Gold and Copper Limited held its Annual General Meeting of Shareholders on June 26, 2026, where shareholders approved several routine administrative matters. Of the 1,579,549,129 shares eligible to vote, 836,460,492 shares were voted, representing a 52.96% participation rate.
All nominees for the Board of Directors were re-elected with requisite majority votes. The voting results for the directors were as follows:
- Manuel Paolo A. Villar: 86.90% For
- Yolanda L. Coronel-Armenta: 99.99% For
- Eugene T. Mateo: 86.90% For
- Edsel M. Abrasaldo: 99.99% For
- Andrew J. Russell: 86.90% For
- Michael G. Regino: 86.90% For
- Teodulo Antonio G. San Juan, Jr.: 99.99% For
Shareholders also approved the appointment of Davidson and Company LLP as the external auditor for the ensuing year, with remuneration to be fixed by the directors. The resolution received approximately 99.99% of votes cast in favor.
Additionally, shareholders approved the amendment of the Company's Amended and Restated Option Plan, subject to TSX Exchange and final board approval. The resolution received approximately 86.90% of votes cast in favor. Disinterested shareholders approved the Company's entry into a convertible note financing with TVI Resource Development Phils., Inc., a related party. This resolution received approximately 99.86% of votes cast by disinterested shareholders. This financing remains subject to TSX Exchange and final board approvals.