Canadian Zinc announces results of annual general meeting

Canadian Zinc Corporation is pleased to report the voting results of the Annual General and Special Meeting of Shareholders held on June 27, 2018. A total of 123,132,049 common shares were voted, representing the votes attached to 46.27% of all outstanding common shares. Shareholders voted in favour of a motion to fix the number of directors for election at seven and in favour of the election of all director nominees. Votitng results for John F. Kearney, Robert J. (Don) MacDonald, Dave Nickerson, Jean-Charles Potvin, Malcolm J. A. Swallow, Ian R. Ward and John M. Warwick ae included in the full release.

Shareholders also voted in favour of the issuance of 100 million Units of the Company to RCF VI CAD LLC at a price of $0.20 per Unit, approving and ratifying an increase in the number of shares for issue under the Company’s stock option plan, the arrangement to effect an internal reorganization such that the Company’s common shares will be exchanged, subject to provisions respecting small lot shareholders, on a one-for-one basis for common shares of newly formed NorZinc Ltd. shares, and the appointment of KPMG LLP as the Company’s auditor for the upcoming year.  Alan Taylor did not stand for re-election and the board thanks him for his service. 

Following the Meeting, John F. Kearney retired as Chief Executive Officer and became non-executive Chairman of the Company, and Robert J. (Don) MacDonald was appointed Chief Executive Officer of the Company, in addition to his role as President.