TORONTO, June 30, 2016 (GLOBE NEWSWIRE) -- Seabridge Gold (the “Company”) (TSX:SEA) (NYSE:SA) today provided the results of its annual general meeting of shareholders held on June 29, 2016. A total of 33,579,351 common shares were voted at the meeting, representing 63.79% of the issued and outstanding common shares of the Company on the record date. All matters presented for approval at the meeting were duly authorized and approved, as follows:
- Election of all management nominees to the board of directors of the Company;
- Appointment of KPMG LLP as auditor of the Company for the ensuing year;
- Authorization of the directors to fix the auditors remuneration;
- Approval of an increase in the shares reserved for issue under the Company’s Stock Option Plan; and
- Approval, by disinterested shareholders, of an option grant to a new director of the Company.
Detailed voting results for the election of directors were as follows:
| Director | Votes For | Votes Withheld | Percentage For |
| A. Frederick Banfield | 15,273,587 | 1,239,225 | 92.50 |
| D. Scott Barr | 16,354,178 | 158,634 | 99.04 |
| Eliseo Gonzalez-Urien | 16,347,178 | 165,634 | 99.00 |
| Richard C. Kraus | 16,409,910 | 102,902 | 99.38 |
| Jay S. Layman | 16,396,075 | 116,737 | 99.29 |
| John W. Sabine | 16,382,624 | 130,188 | 99.21 |
| Gary A. Sugar | 16,377,694 | 135,118 | 99.18 |
| Rudi P. Fronk | 16,411,017 | 101,795 | 99.38 |
A total of 17,066,539 shares were “non-votes” under U.S. proxy rules and were not cast with respect to the election of each of the directors and the approval of the stock option grants to directors.
All of the eight above-listed directors were re-elected to the Board.
Seabridge holds a 100% interest in several North American gold projects. The Company’s principal assets are the KSM property located near Stewart, British Columbia, Canada and the Courageous Lake gold project located in Canada’s Northwest Territories. For a breakdown of Seabridge’s mineral reserves and mineral resources by category please visit the Company’s website at http://www.seabridgegold.net/resources.php.
ON BEHALF OF THE BOARD
"Rudi Fronk"
Chairman & C.E.O.