UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act File Number811-04010
OCM Mutual Fund
2600 Kitty Hawk Road
Suite 119
Livermore, CA 94551
(Address of principal executive offices)
OCM Mutual Fund
Attn: Greg Orrell
2600 Kitty Hawk Road
Suite 119
Livermore, CA 94551
(Name and address of agent for service)
Registrant's telephone number, including area code:(925) 455-0802
Date of fiscal year end:November 30
Date of reporting period:July 1, 2018 through June 30, 2019
Item 1. Proxy Voting Record
| Company Name | Company
Symbol | CUSIP
Number | Shareholder
Meeting Date | Describe The Matter Voted On | Proposed by Company
or Shareholder | Did Orrell
Capital vote? | How did Orrell
Capital Vote? | Votes Cast for
or Against Management |
| Atlantic Gold Corp. | AGB CN | 04854Q952 | 10/26/2018 | 1. Elect directors; 2. Appoint PricewaterhouseCoopers LLP | Company | Yes | For | For |
| | | | | as auditors, directors to fix remuneration; | | | | |
| | | | | 3. Ratify, confirm and reapprove rolling stock plan; | | | | |
| | | | | 4. Transact such other business. | | | | |
| | | | | | | | | |
| Randgold Resources Ltd. ADR | GOLD | 752344309 | 11/5/2018 | 1. To approve the scheme of arrangement | Company | Yes | For | For |
| (Special Meeting) | | | | between Barrick Gold and Randgold; | | | | |
| | | | | 2. The "scheme" to be approved by the Royal | | | | |
| | | | | Court of Jersey. After approval the directors | | | | |
| | | | | be authorized to take such action necessary | | | | |
| | | | | to carry out the "scheme" into full effect, the | | | | |
| | | | | merger of Barrick and Randgold. | | | | |
| | | | | | | | | |
| Royal Gold, Inc. | RGLD | 780287108 | 11/14/2018 | 1a,1b. Election of Tony Jenson and Jamie C. | Company | Yes | For | For |
| | | | | Sokalsky; 2. Approval of the compensation of | | | | |
| | | | | the named executive officers; 3. Ratification | | | | |
| | | | | of appointment of Ernst & Young LLP as | | | | |
| | | | | auditors for year ending 2019. | | | | |
| | | | | | | | | |
| Newmont Goldcorp Corp. | NEM | 651639106 | 4/10/2019 | 1. Approve an amendment and restatement of | Company | Yes | Against | Against |
| (Special Meeting) | | | | the Newmont restated cert. to increase Newmont | | | | |
| | | | | authorized stock from 750,000,000 to | | | | |
| | | | | 1,280,000,000 shares; 2. Approve the issuance | | | | |
| | | | | of shares of Newmont common shares to Goldcorp | | | | |
| | | | | shareholders per arrangement dated 01/14/19; | | | | |
| | | | | 3. Approve adjournment or postponement of the | | | | |
| | | | | Newmont special meeting, if necessary, to | | | | |
| | | | | solicit additional proxies if there are not sufficient | | | | |
| | | | | votes to approve Proposal 1 and 2. | | | | |
| | | | | | | | | |
| Agnico Eagle Mines Ltd. | AEM | 008474108 | 4/26/2019 | 1. Elect directors; 2. Appoint Ernst & Young as | Company | Yes | For 1 & 2 | For 1 & 2 |
| | | | | auditors, directors to fix remuneration; | | | Against 3 & 4 | Against 3 & 4 |
| | | | | 3. Consider passing a resolution approving | | | | |
| | | | | Company's incentive share purchase plan; | | | | |
| | | | | 4. Non-binding resolution accepting the Company's | | | | |
| | | | | approach to executive compensation. | | | | |
| | | | | | | | | |
| Centerra Gold, Inc. | CG CN | 152006953 | 5/1/2019 | 1. Elect directors; 2. Approve appointment | Company | Yes | For | For |
| | | | | of KPMG LLP as auditors, directors to fix | | | | |
| | | | | remuneration. | | | | |
| Company Name | Company
Symbol | CUSIP
Number | Shareholder
Meeting Date | Describe The Matter Voted On | Proposed by Company
or Shareholder | Did Orrell
Capital vote? | How did Orrell
Capital Vote? | Votes Cast for
or Against Management |
| Alamos Gold, Inc. | AGI | 011532108 | 5/2/2019 | 1. Elect directors; 2. Appoint KPMG LLP as | Company | Yes | For 1,2,5 | For 1,2,5 |
| | | | | auditors, directors to fix remuneration; | | | Against 3,4,6 | Against 3,4,6 |
| | | | | 3. If deemed advisable pass a resolution to approve | | | | |
| | | | | Company's long-term incentive plan; | | | | |
| | | | | 4. Pass a resolution to approve Company's employee | | | | |
| | | | | share purchase plan; 5. Pass a resolution | | | | |
| | | | | to approve Company's fourth amended and | | | | |
| | | | | restated shareholder rights plan; | | | | |
| | | | | 6. Pass a resolution to approve Company's approach | | | | |
| | | | | to executive compensation. | | | | |
| | | | | | | | | |
| Argonaut Gold, Inc. | AR CN | 04016A952 | 5//2/2019 | 1. Set number of directors at seven (7); 2. Elect | Company | Yes | For 1,2,3 | For 1,2,3 |
| | | | | directors; 3. Appoint PricewaterhouseCoopers LLP | | | Against 4 | Against 4 |
| | | | | as auditors, directors to fix their remuneration; | | | | |
| | | | | 4. Have a shareholder advisory vote on the Corporation's | | | | |
| | | | | report on executive compensation. | | | | |
| | | | | | | | | |
| IAMGOLD Corp. | IAG | 450913108 | 5/7/2019 | 1. Elect directors; 2. Appoint KPMG LLP as | Company | Yes | For 1,2 | For 1,2 |
| | | | | auditors; directors to fix their remuneration; | | | Against 3 | Against 3 |
| | | | | 3. Shareholders accept the approach to executive | | | | |
| | | | | compensation. | | | | |
| | | | | | | | | |
| Barrick Gold Corp. | GOLD | 067901108 | 5/7/2019 | 1. Elect directors; 2. Appoint PricewaterhouseCoopers LLP | Company | Yes | For 1,2 | For 1,2 |
| | | | | as auditors, directors to fix their remuneration; | | | Against 3 | Against 3 |
| | | | | 3. Advisory resolution on approach to executive | | | | |
| | | | | compensation. | | | | |
| | | | | | | | | |
| Kinross Gold Corp. | KGC | 496902404 | 5/8/2019 | 1. Elect directors; 2. Appoint KPMG LLP as auditors, | Company | Yes | For 1,2,3 | For 1,2,3 |
| | | | | directors to fix their remuneration; | | | Against 4 | Against 4 |
| | | | | 3. Approve amending the restricted share plan | | | | |
| | | | | to increase number of common shares for | | | | |
| | | | | issuance from 35,000,000 to 50,000,000; | | | | |
| | | | | 4. Pass an advisory resolution regarding executive | | | | |
| | | | | compensation. | | | | |
| | | | | | | | | |
| Wheaton Precious Metals Corp. | WPM CN | 926879953 | 5/9/2019 | 1. Elect directors; 2. Appoint Deloitte LLP as | Company | Yes | For 1,2 | For 1,2 |
| | | | | auditors, directors to fix their remuneration; | | | Against 3 | Against 3 |
| | | | | 3. Non-binding resolution regarding executive | | | | |
| | | | | compensation. | | | | |
| Company Name | Company
Symbol | CUSIP
Number | Shareholder
Meeting Date | Describe The Matter Voted On | Proposed by Company
or Shareholder | Did Orrell
Capital vote? | How did Orrell
Capital Vote? | Votes Cast for
or Against Management |
| SEMAFO, Inc. | SMF CN | 816922959 | 5/9/2019 | 1. Elect directors; 2. Appoint PricewaterhouseCoopers LLP | Company | Yes | For 1,2 | For 1,2 |
| | | | | as auditors, directors to fix their remuneration | | | Against 3 | Against 3 |
| | | | | 3. Advisory resolution regarding executive compensation. | | | | |
| | | | | | | | | |
| Dundee Precious Metals, Inc. | DPM CN | 265269951 | 5/10/2019 | 1. Elect directors; 2. Appoint PricewaterhouseCoopers LLP | Company | Yes | For 1, 2 | For 1,2 |
| | | | | as auditors, directors to fix their remuneration | | | Against 3 | Against 3 |
| | | | | 3. Non-binding resolution regarding executive compensation. | | | | |
| | | | | | | | | |
| Newmont Mining Corp. | NEM | 651639106 | 6/4/2019 | 1. Election of directors; 2. Approve on an advisory basis | Company | Yes | For 1 & 3 | For 1 & 3 |
| | | | | named executive officer compensation; | | | Against 2 | Against 2 |
| | | | | 3. Ratify appointment of independent public accounting firm. | | | | |
| | | | | | | | | |
| Jaguar Mining, Inc. | JAG CN | 47009M400 | 6/4/2019 | 1.Elect directors: | | | | |
| | | | | Benjamin Guenther | Company | Yes | 1. For: | 1. For: |
| | | | | Thomas Weng, Richard Falconer | | | Guenther | Guenther |
| | | | | Edward Reeser, Luis Ricardo Miraglia | | | Weng | Weng |
| | | | | John Ellis, Robert Getz; | | | Miraglia | Miraglia |
| | | | | 2. Appoint KPMG LLP as auditors, directors to fix remuneration; | | 1. Withhold | 1. Withhold |
| | | | | 3. Ratify and re-approve the Corporation's stock option plan | | | Falconer | Falconer |
| | | | | and ratify and approve certain stock option grants made | | | Reeser | Reeser |
| | | | | thereunder; 4. Ratify and approve an amendment | | | Ellis | Ellis |
| | | | | to increase the maximum number of deferred | | | Getz | Getz |
| | | | | share units issuable under the corporation's | | | For 2 & 3 | For 2 & 3 |
| | | | | deferred share unit plan. | | | Against 4 | Against 4 |
| | | | | | | | | |
| Alacer Gold Corp. | ASR CN | 010679959 | 6/14/2019 | 1. Elect directors; 2. Appoint PricewaterhouseCoopers LLP | Company | Yes | For 1 & 2 | For 1 & 2 |
| | | | | as auditors; 3. Advisory resolution on the Corporation's | | | Against 3 | Against 3 |
| | | | | approach to executive compensation. | | | | |
| | | | | | | | | |
| Endeavour Mining Corp. | EDV CN | G3040R950 | 6/24/2019 | 1. Elect directors; 2. Appoint Deloitte LLP as | Company | Yes | For | For |
| | | | | auditors, directors to fix remuneration; | | | | |
| | | | | 3. On an advisory basis, the shareholders support the | | | | |
| | | | | executive compensation and the framework for | | | | |
| | | | | remuneration. | | | | |
| | | | | | | | | |
| Steppe Gold Ltd. | STGO CN | 85913R206 | 6/28/2019 | 1. Elect directors; 2. Appoint MNP LLP as auditors, | Company | Yes | For | For |
| | | | | directors to fix remuneration. | | | | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
OCM Mutual Fund
Gregory M. Orrell
President
August 6, 2019
