TSX: SIL | NYSE American: SILV
VANCOUVER, BC, June 16,
2023 /CNW/ - SilverCrest Metals Inc.
("SilverCrest" or the "Company") is pleased to announce the results
of its Annual General Meeting of Shareholders ("AGM") held in
Vancouver, BC, on June 15, 2023.
A total of 89,558,591 votes were represented at the AGM
amounting to 60.83% of the issued common shares as of the record
date.
Shareholders approved the fixing of the number of directors at
seven and re-elected the following directors pursuant to a vote by
show of hands. The following is the tabulation of proxy votes in
the election of the seven directors:
|
Directors
|
Votes in
Favour
|
% in
Favor
|
|
N. Eric Fier
|
67,383,420
|
99.56 %
|
|
Laura Diaz
|
65,709,771
|
97.09 %
|
|
Anna
Ladd-Kruger
|
67,308,706
|
99.45 %
|
|
Ani Markova
|
64,092,532
|
94.70 %
|
|
Hannes P.
Portmann
|
65,602,971
|
96.93 %
|
|
Graham C.
Thody
|
65,294,156
|
96.47 %
|
|
John H.
Wright
|
65,806,170
|
97.23 %
|
PricewaterhouseCoopers LLP, Chartered Professional Accountants, was
appointed auditor of the Company pursuant to a vote by show of
hands, with tabulation of proxy votes resulting in 88,995,009
(99.37%) voting in favour.
In addition, a non-binding advisory resolution to accept the
Company's approach to executive compensation (say on pay) as more
particularly described in the management information circular of
the Company dated April 28, 2023 was
approved pursuant to a vote by show of hands, with tabulation of
proxy votes resulting in 66,327,407 (98.00%) voting in favour.
Effective June 15, 2023,
Graham C. Thody has stepped down
from Board Chair and will remain a Director. The Board has elected
Director John H. Wright to the
position of Board Chair.
SilverCrest's independent consultants are continuing to advance
the Updated Technical Report. This work is progressing well, with
the results from this study now expected to be released in
July 2023.
ABOUT SILVERCREST METALS INC.
SilverCrest is a
Canadian precious metals producer headquartered in Vancouver, BC, with an ongoing initiative to
increase its asset base by expanding current resources and
reserves, acquiring, discovering and developing high value precious
metals projects and ultimately operating multiple silver-gold mines
in the Americas. The Company's principal focus is its Las Chispas
Operation in Sonora, Mexico. The
Company is led by a proven management team in all aspects of the
precious metal mining sector, including taking projects through
discovery, finance, on time and on budget construction, and
production.
FORWARD-LOOKING STATEMENTS
This news release
contains "forward-looking statements" and "forward-looking
information" (collectively "forward-looking statements") within the
meaning of applicable Canadian and United
States securities legislation. These include, without
limitation, statements with respect to: the strategic plans, timing
and expectations for the Company completing an Updated Technical
Report in July 2023. Such forward
looking statements or information are based on a number of
assumptions, which may prove to be incorrect. Assumptions have been
made regarding, among other things: present and future business
strategies; the environment in which the Company will operate in
the future, including the price of gold and silver; estimates of
mineral resources and metallurgical recoveries; the reliability of
mineralization estimates, mining and development costs; the
conditions in general economic and financial markets; availability
of skilled labour; timing and amount of expenditures related to
exploration programs; and effects of regulation by governmental
agencies. The actual results could differ materially from those
anticipated in these forward-looking statements as a result of risk
factors including: the timing and content of work programs; results
of exploration activities; the interpretation of drilling results
and other geological data; environmental and other regulatory
risks; project cost overruns or unanticipated costs and expenses;
fluctuations in gold and silver prices and general market and
industry conditions. Forward-looking statements are based on the
expectations and opinions of the Company's management on the date
the statements are made. The assumptions used in the preparation of
such statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date the statements were
made. The Company undertakes no obligation to update or revise any
forward-looking statements included in this news release if these
beliefs, estimates and opinions or other circumstances should
change, except as otherwise required by applicable law.
N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.
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SOURCE SilverCrest Metals Inc.
