West Vault Announces Positive Results of Annual Meeting of Shareholders

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West Vault Mining (OTCQX: WVMDF) held its Annual General Meeting on June 24, 2025, with strong shareholder participation of 79.39% of eligible voting shares. Shareholders demonstrated robust support for the company's leadership, with all four director nominees receiving over 95% approval. The Share Compensation Plan was re-approved with 93.95% support, and Deloitte LLP was reappointed as auditors with 99.68% approval.

Following the meeting, the board reappointed Sandy McVey as CEO and COO, while Frank Hallam will continue as CFO and Corporate Secretary.

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Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - 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 on June 24, 2025, in Vancouver, British Columbia.

The Annual Meeting had a turnout of shareholders representing 79.39% of its issued shares eligible to vote at the meeting. 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	45,871,289	99.63%	0.37%
Pierre Lebel	45,892,289	99.68%	0.32%
Priscila Costa Lima	45,892,289	99.68%	0.32%
Frank Hallam	43,989,189	95.55%	4.45%

 
Significant shareholder support was received for the re-approval of the Share Compensation Plan for the Company with 93.95% of the shares voted in favour of this resolution. Shareholders also voted 99.68% 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, and Frank Hallam as Chief Financial Officer and Corporate Secretary 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, 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/256721

FAQ

What was the voting turnout at West Vault Mining's (WVMDF) 2025 Annual Meeting?

The Annual Meeting had a strong turnout with shareholders representing 79.39% of eligible voting shares participating.

Who were the directors elected at West Vault Mining's 2025 AGM?

Four directors were elected: Peter Palmedo (99.63% approval), Pierre Lebel (99.68%), Priscila Costa Lima (99.68%), and Frank Hallam (95.55%).

Who are the key executives appointed at West Vault Mining (WVMDF) for 2025?

Sandy McVey was reappointed as CEO and COO, while Frank Hallam was reappointed as CFO and Corporate Secretary.

What was the shareholder approval rate for West Vault Mining's Share Compensation Plan?

The Share Compensation Plan received strong shareholder support with 93.95% of votes in favor.