Trident Royalties Unveils Exciting Outcomes from Court and General Meetings
Trident Royalties Announces Results of Court Meeting and General Meeting
Trident Royalties Limited, a diversified mining royalty and streaming company, recently made a significant announcement regarding the results of the Court Meeting and General Meeting held on June 25, 2021. The Company has reported that both meetings were conducted virtually in accordance with COVID-19 restrictions. Shareholders attended the meetings to vote on certain resolutions relating to the proposed scheme of arrangement, and the results were positive.
During the Court Meeting, shareholders were asked to vote on the approval of the proposed scheme of arrangement, as outlined in the scheme document. This scheme of arrangement was proposed by Trident Royalties and its directors to allow the Company to re-register as a public limited company under the laws of Guernsey. The Court Meeting provided shareholders with an opportunity to express their support or opposition to this proposal. The results of the Court Meeting indicated that the majority of shareholders were in favor of the proposed scheme of arrangement, with an overwhelming majority voting in favor of the resolution.
Similarly, the General Meeting focused on various resolutions related to the proposed scheme of arrangement, including the appointment of a new director and the amendment of the Company’s articles of association. The resolutions discussed at the General Meeting were crucial for the successful implementation of the proposed scheme of arrangement. Shareholders were given the opportunity to voice their opinions and vote on each resolution individually. The results of the General Meeting reflected a high level of shareholder approval for all resolutions presented, demonstrating strong support for Trident Royalties’ strategic direction and growth plans.
The positive outcome of both the Court Meeting and General Meeting highlights the confidence and trust that shareholders have in Trident Royalties’ management team and business strategy. The successful approval of the proposed scheme of arrangement will enable Trident Royalties to leverage its position as a leading mining royalty and streaming company and pursue new growth opportunities in the global mining sector. The Company’s focus on creating long-term value for its shareholders is evident in the overwhelming support received for the resolutions put forth at the meetings.
In conclusion, the results of the Court Meeting and General Meeting signify a significant milestone for Trident Royalties, cementing its position as a reputable and forward-thinking player in the mining royalty and streaming industry. The Company’s commitment to transparency, strong corporate governance, and shareholder engagement were evident throughout the meetings, further strengthening its relationship with investors and stakeholders. With the proposed scheme of arrangement now approved, Trident Royalties is well-positioned to embark on an exciting new chapter of growth and value creation for its shareholders.