EXHIBIT 99.1
REPORT OF VOTING RESULTS
Pursuant to Section 11.3 of National Instrument 51-102
OF
CANAGOLD RESOURCES LTD.
(the "Company")
The Company reports that the following matters were voted upon by the shareholders of the Company at the annual and special meeting of shareholders of the Company held on July 19, 2022 (the “Meeting”):
1. | Smythe LLP, Chartered Professional Accountants, were re-appointed as auditors of the Company. Shares voted in person and by proxies received represented 26,903,800 (45.22%) votes FOR and 32,585,347 (54.78%) votes WITHHELD. |
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2. | The following directors were elected at the Meeting, with the following voting results for each nominee: |
DIRECTOR |
| FOR |
| WITHHELD |
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Carmen Letton |
| 39,138,354 (99.21%) |
| 312,801 (0.79%) |
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Sofia Bianchi |
| 39,136,655 (99.20%) |
| 314,500 (0.80%) |
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Andrew Trow |
| 37,902,539 (96.07%) |
| 1,548,616 (3.93%) |
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Scott Eldridge |
| 19,889,739 (99.26%) |
| 149,153 (0.74%) |
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Kadri Dagdelen |
| 19,884,039 (99.23%) |
| 154,853 (0.77%) |
3. | The ordinary resolution to approve an amendment to the stock option plan of the Company was not passed. Shares voted in person and proxies received represented 23,417,719 (39.36%) votes FOR and 36,071,428 (60.64%) votes AGAINST. |