Roscan Announces Results from Shareholders Meeting

Toronto, Ontario--(Newsfile Corp. - March 31, 2020) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (the "Company") is pleased to announce that the shareholders voted in favour of all items of business before the Annual and Special Meeting of the Shareholders held in Toronto, Ontario on March 26, 2020. Shareholders holding 28% of the shares of the Company eligible to vote were present in person or by proxy at the meeting.

Election of Directors

The nominees for directors listed in the management proxy circular for the meeting were elected. Details of the vote are set out below.

Nominee	Votes for	% For	Votes Withheld	% Withheld
Sir Samuel Jonah	44,241,900	99.856%	60,000	0.135%
Nana B. Sangmuah	44,216,900	99.808%	85,000	0.192%
Greg Isenor	41,266,900	93.149%	3,035,000	6.851%
Michael Gentile	44,241,900	99.856%	60,000	0.135%

 

Auditor Re-appointment

RSM Canada LLP was re-appointed Auditors of the Company to hold office until the next Annual Meeting or until its successor is duly appointed.

Company's Stock Option Plan

The shareholders voted in favour of the resolution approving the continuation of the Company's Stock Option Plan.

Company's RSU/DSU Plan

The shareholders voted in favour of the resolution approving the Company's RSU/DSU Plan.

ABOUT ROSCAN

Roscan Gold Corporation is a Canadian gold exploration company focused on the acquisition and exploration of gold properties in West Africa. The Company has assembled a significant land position of 100%-owned permits in an area of producing gold mines (including B2 Gold's Fekola Mine which lies in a contiguous property to the west of Kandiole), and major gold deposits, located both north and south of its Kandiole Project in west Mali.

For further information, please contact:

Andrew J. Ramcharan
Executive Vice President - Corporate Development and Investor Relations
Tel: (902) 832-5555
Email: aramcharan@Roscan.ca

Greg Isenor
Executive Vice-Chairman
Tel: (902) 832-5555
Email: gpisenor@Roscan.ca

Forward Looking Statements

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company's management's discussion and analysis as filed under the Company's profile at www.sedar.com. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/53909