VANCOUVER, British Columbia,
April 26, 2019 /PRNewswire/ --
Capstone Mining Corp. ("Capstone" or
the "Company") (TSX: CS) announced the voting results from its 2019
Annual General Meeting ("AGM") held April
25, 2019 in Vancouver, British
Columbia. A total of 229,082,127 common shares were voted at
the meeting, representing 57.33% of the votes attached to all
outstanding common shares. Shareholders voted in favour of all
items of business before the meeting, as follows:
Number of Directors % For % Against
Number of Directors to be set at seven 99.74% 0.26%
Election of Directors % of Votes For % of Votes Withheld
George L. Brack 98.85% 1.15%
Robert J. Gallagher 99.39% 0.61%
Peter G. Meredith 98.60% 1.40%
Yong Jun Park 99.47% 0.53%
Dale C. Peniuk 98.80% 1.20%
Darren M. Pylot 99.48% 0.52%
Richard N. Zimmer 92.42% 7.58%
Appointment of Auditors % For % Withheld
To appoint Deloitte LLP as Auditors of the
Company for the ensuing year and to authorize the
Directors to fix their remuneration 82.12% 17.88%
Advisory Vote on Executive Compensation % For % Against
To pass an advisory vote on Capstone's approach
to executive compensation 97.80% 2.20%
Detailed voting results for the 2019 AGM are available on SEDAR
at http://www.sedar.com.
"We would like to welcome Peter
Meredith to the Board," said Darren
Pylot, President and CEO. "On behalf of the shareholders,
the Board wishes to thank Jill
Gardiner and Kalidas Madhavpeddi for their service as
directors and for the dedication, commitment and valuable insights
they provided to the Board leading the Human Resource &
Compensation and Corporate Governance & Nominating
Committees."
Peter Meredith is a corporate
director and currently serves on the boards of Ivanhoe Mines Ltd.
and Cordoba Minerals Corp. and serves as Chairman of the Board of
Great Canadian Gaming Corporation. Previously, Mr. Meredith served
as a director of Turquoise Hill Resources Ltd. (formerly the
original Ivanhoe Mines), Kaizen
Discovery Inc., SouthGobi Resources Ltd. and Peregrine Diamonds
Ltd. Mr. Meredith served as Deputy Chairman and Chief Financial
Officer of Turquoise Hill Resources Ltd. Prior to joining Ivanhoe
Mines Ltd., Mr. Meredith spent thirty-one years with Deloitte LLP,
Chartered Professional Accountants, and retired as a partner in
1996. Mr. Meredith is a Chartered Professional Accountant, (CPA,
CA) and is a member of the Chartered Professional Accountants of
British Columbia and the Chartered
Professional Accountants of Ontario.
About Capstone Mining Corp.
Capstone Mining Corp. is a Canadian base metals mining company,
focused on copper. We are committed to the responsible development
of our assets and the environments in which we operate. Our two
producing mines are the Pinto Valley copper mine located in
Arizona, US and the Cozamin
polymetallic mine in Zacatecas State, Mexico. In addition, Capstone has the large
scale 70% owned copper-iron Santo
Domingo development project in Region III, Chile in partnership with Korea Resources
Corporation, the Minto copper mine
in Yukon, Canada currently on care
and maintenance, as well as a portfolio of exploration properties.
Capstone's strategy is to focus on the optimization of operations
and assets in politically stable, mining-friendly regions, centred
in the Americas. Our headquarters are in Vancouver, Canada and we are listed on the
Toronto Stock Exchange (TSX). Further information is available at
http://www.capstonemining.com.
Contact:
Paul Jones
VP, Business Development and Investor Relations
+1-604-674-0891
pjones@capstonemining.com
