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Gatos Silver Announces Results Of Annual Stockholders’ Meeting
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Gatos Silver reports positive results from Annual Meeting of stockholders with high percentage of votes cast
Positive
Stockholders voted in favor of all items of business
Total of 57,943,220 votes cast or represented by proxy
83.78% of outstanding shares represented at the Meeting
Ernst & Young LLP ratified as independent registered public accounting firm with 98.84% votes in favor
Negative
None.
VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today reported that its stockholders voted in favour of all items of business at the Company’s Annual Meeting of stockholders held on September 6, 2023 (the “Meeting”). A total of 57,943,220 votes were cast or represented by proxy at the Meeting representing 83.78% of the outstanding shares of common stock as of the record date. A total of 53,617,959 votes (including “for” and “withheld” but excluding “non-votes”) were voted in connection with the election of directors.
The results on the election of directors are set out below (excluding non-votes).
Name of Nominee
Votes For
% For
Votes Withheld
% Withheld
Janice Stairs
47,792,924
89.14
5,825,035
10.86
Dale Andres
53,368,392
99.53
249,567
0.47
Ali Erfan
53,256,482
99.33
361,477
0.67
Igor Gonzales
53,259,442
99.33
358,517
0.67
Karl Hanneman
51,841,262
96.69
1,776,697
3.31
Charles Hansard
47,794,427
89.14
5,823,532
10.86
David Peat
47,795,085
89.14
5,822,874
10.86
Daniel Muñiz Quintanilla
53,292,047
99.39
325,912
0.61
At the Meeting, stockholders also ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2022 and the year ending December 31, 2023. The results are 57,269,555 votes “for”, representing 98.84% votes cast or represented by proxy.
About Gatos Silver
Gatos Silver is a silver dominant exploration, development and production company that discovered a new silver and zinc-rich mineral district in southern Chihuahua State, Mexico. As a 70% owner of the Los Gatos Joint Venture (“LGJV”), the Company is primarily focused on operating the Cerro Los Gatos mine and on growth and development of the Los Gatos district. The LGJV includes approximately 103,000 hectares of mineral rights, representing a highly prospective and under-explored district with numerous silver-zinc-lead epithermal mineralized zones identified as priority targets.
Investors and Media Contact
André van Niekerk Chief Financial Officer investors@gatossilver.com +1 604 424 0984
sunshine silver mining & refining is a privately-held u.s. based silver company that is advancing its two principle projects, the sunshine mine in idaho and the los gatos project in chihuahua, mexico. the sunshine mine deposit is one of the highest grade large primary silver deposits in the world with a resource of 75 million measured & indicated and 221 million inferred silver ounces at an average grade of 827 grams per tonne. the company also owns the sunshine precious metals refinery adjacent to the sunshine mine and is the only silver mining and processing company in north america that is fully integrated and certified to sell high purity silver directly to the comex in new york. the los gatos project is a joint venture between sunshine silver mining & refining corp (sunshine silver) and dowa metals & mining ltd (dowa) where sunshine silver has 70% ownership and is the operating partner. the project is comprised of 103,000 contiguous acres of mineral rights that define a new silver