West Vault Announces Positive Results of Annual Meeting of Shareholders

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West Vault Mining (OTCQX: WVMDF) reported positive outcomes from its June 26, 2026 Annual General Meeting in Vancouver. Shareholders representing 69.40% of eligible shares voted. Management’s four director nominees each received about 99.95%–100% support. An Amended and Restated Share Compensation Plan was approved with 99.97% support, and Deloitte LLP was re-appointed auditor with 100% of votes cast.

Following the meeting, directors re-appointed Sandy McVey as CEO and COO, Frank Hallam as CFO and Corporate Secretary, Peter Palmedo as non-executive Chairman, and Pierre Lebel as Lead Director for the coming year.

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Vancouver, British Columbia--(Newsfile Corp. - June 26, 2026) - West Vault Mining Inc. (TSXV: WVM) (OTCQX: WVMDF) ("West Vault" or the "Company") is pleased to announce positive results from its Annual General Meeting (the "Annual Meeting") held today, in Vancouver, British Columbia.

The Annual Meeting had a turnout of shareholders representing 69.40% of the issued shares eligible to vote. Shareholders strongly supported the appointment of the Board and the resolutions proposed.

On a show of hands, the shareholders elected management's four nominees for directors. Details of the proxy voting are as follows:

DIRECTOR	NUMBER OF SHARES	PERCENTAGE OF VOTES CAST
	FOR	FOR	WITHHELD
Peter Palmedo	40,287,934	99.96%	0.04%
Pierre Lebel	40,287,934	99.96%	0.04%
Priscila Costa Lima	40,305,096	100.00%	-
Frank Hallam	40,286,596	99.95%	0.05%

 

Significant shareholder support was received for the approval of the Amended and Restated Share Compensation Plan for the Company with 99.97% of the shares voted in favour of this resolution. Shareholders also voted 100% in favour of re-appointing Deloitte LLP as auditors of the Company for the ensuing year at a remuneration to be fixed by the directors.

Following the Annual Meeting, the directors re-appointed Sandy McVey as Chief Executive Officer and Chief Operating Officer, Frank Hallam as Chief Financial Officer and Corporate Secretary, Peter Palmedo as Chairman (non-executive), and Pierre Lebel as Lead Director of the Company for the ensuing year.

For more information on these matters, please refer to West Vault's information circular, available on SEDAR+ at www.sedarplus.ca or visit our website at www.westvaultmining.com.

About West Vault Mining Inc.

West Vault is committed to maximizing shareholder value through its low-risk gold-in-ground strategy, which involves acquiring, advancing, de-risking, holding, and selling high-quality development gold projects in the best jurisdictions.

On behalf of the Board of West Vault Mining Inc.

Frank Hallam
Chief Financial Officer

For further information, please see the Company's website at www.westvaultmining.com or contact us by email at info@westvaultmining.com.

Investor Relations:
Sandy McVey, CEO
(778) 388 2464 / info@westvaultmining.com

Disclaimer for Forward-Looking Information

This press release may contain forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "postulate" and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Although West Vault believes that such information as set out in this press release is reasonable, it can give no assurance that such expectations and estimates will prove to be correct. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the Company's public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company's profile on SEDAR+ at www.sedarplus.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303157

FAQ

What were the results of West Vault Mining (OTCQX: WVMDF) 2026 annual meeting?

West Vault Mining reported strong approval of all items at its June 26, 2026 annual meeting. According to West Vault, shareholders backed all director nominees, the Amended and Restated Share Compensation Plan, and the auditor reappointment, with voting support levels near or at 100%.

How many West Vault Mining (WVMDF) shares were represented at the June 26, 2026 shareholder meeting?

At the June 26, 2026 meeting, shareholders representing 69.40% of eligible West Vault Mining shares voted. According to West Vault, this turnout reflects participation by a large majority of outstanding shares entitled to vote on directors, the compensation plan, and the auditor reappointment.

What did West Vault Mining shareholders decide about the Amended and Restated Share Compensation Plan?

Shareholders overwhelmingly approved West Vault Mining’s Amended and Restated Share Compensation Plan. According to West Vault, 99.97% of the shares voted were in favour of the plan, indicating broad investor support for the company’s equity-based compensation structure for directors, officers, employees, and eligible participants.

Who was elected to the West Vault Mining (WVMDF) board at the 2026 annual meeting?

All four management nominees were elected to West Vault Mining’s board. According to West Vault, shareholders elected Peter Palmedo, Pierre Lebel, Priscila Costa Lima, and Frank Hallam, each receiving approximately 99.95% to 100% of votes cast, demonstrating near-unanimous backing for the proposed board slate.

Which executive officers were re-appointed by West Vault Mining after the 2026 shareholder meeting?

Following the meeting, West Vault Mining’s directors re-appointed the existing executive team. According to West Vault, Sandy McVey remains Chief Executive Officer and Chief Operating Officer, Frank Hallam continues as Chief Financial Officer and Corporate Secretary, with defined leadership roles for Peter Palmedo and Pierre Lebel.

Who is the auditor of West Vault Mining (OTCQX: WVMDF) for the ensuing year after June 2026?

Deloitte LLP was re-appointed as West Vault Mining’s auditor for the ensuing year. According to West Vault, shareholders voted 100% in favour of Deloitte’s reappointment, with remuneration to be fixed by the directors, confirming continued engagement of the same independent audit firm.