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One of the companies which may be worth keeping an eye on this week is West Vault Mining Inc (WVM.V) (OTCQX: WVMDF). The company is focused on the maximization of shareholder value by way of its low-risk gold-in-ground strategy.
The company seeks to acquire high-quality gold development projects in the best jurisdictions and then develop them adequately before selling them. On June 23, West Vault Mining was in focus after it announced positive developments from the Annual General Meeting held the previous day in Vancouver British Columbia. The company revealed that it recorded a turnout that worked out to 77.35% of all the issued shares from the company.
The shareholders present at the meeting not only supported the appointment of a new board but also the resolutions that had been proposed. On a vote taken through the show of hands, all four nominees put forward by the company were voted in as directors. The shareholders also provided considerable support to the Share Compensation Plan that had been put forward by West Vault Mining. As much as 97.31% of the shares present voted in favor of the plan.