Wallbridge Mining Company Limited(TSX: WM, OTCQB: WLBMF) recently held its Annual and Special Meeting of Shareholders on June 12, 2025, with a notable 37.66% of outstanding shares represented. The meeting saw resounding support for all proposed resolutions, signaling confidence in the company’s direction. A key decision affirmed was setting the board size at six directors.
The shareholder vote resulted in the election of Brian Penny, Janet Wilkinson, Michael Pesner, Jeffery Snow, Danielle Giovenazzo, and Brian Christie to the board. Approval ratings for the newly elected directors ranged from a robust 85.95% to 89.35%, demonstrating strong shareholder support for their leadership. Furthermore, KPMG LLP was appointed as auditor, garnering an impressive 91.47% approval rate, reflecting trust in the firm’s ability to oversee the company’s financial practices.
In addition to these key appointments, Wallbridge Mining also secured approval for its Omnibus Long Term Incentive Plan, which was ratified with an 82.15% vote in favor. This indicates a commitment to incentivizing long-term value creation and aligning employee interests with shareholder goals. The results of this meeting demonstrate a solid backing from stakeholders, setting a positive tone for Wallbridge’s future endeavors.
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