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Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced the approval of all matters submitted to shareholders at its Annual General Meeting (AGM) held on June 12, 2024, via live webcast. Shareholders representing 59.41% of the company’s issued and outstanding common shares participated. Key approvals included the election of the Board of Directors and the re-appointment of PricewaterhouseCoopers LLP as the company’s external auditors. Detailed voting results show high approval rates for all director nominees, notably Darren Hall with 99.27% of votes for his election. Full details can be found in the company’s Management Information Circular.
Positive
- All matters submitted to shareholders were approved.
- Participation rate was 59.41% of issued and outstanding shares.
- Darren Hall received 99.27% of votes for his election.
- PricewaterhouseCoopers LLP re-appointed as external auditors with 98.31% of votes.
Negative
- Two directors, Raymond Threlkeld and Douglas Hurst, did not stand for re-election.
VANCOUVER, British Columbia, June 12, 2024 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to announce that all matters submitted to shareholders for approval as set out in detail in the Company’s Management Information Circular dated April 22, 2024, were approved by the requisite majority of votes cast at its Annual General Meeting (“AGM”) held via live webcast. A total of 467,983,736 common shares of Calibre were represented by shareholders in person or by proxy at the AGM, representing 59.41% of the Company’s issued and outstanding common shares as at the record date of April 22, 2024.
Specifically, shareholders voted to approve:
- Election of the Board of Directors; and
- Re-appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the Company’s external auditors for the ensuing year.
Detailed results of the voting are set out below:
Election of Directors
| Nominee | Outcome of Votes | Votes For | % For | Votes Withheld | % Withheld |
| Darren Hall | Carried | 448,693,548 | 99.27 | 3,314,847 | 0.73 |
| Blayne Johnson | Carried | 333,612,247 | 73.81 | 118,396,148 | 26.19 |
| Douglas Forster | Carried | 339,366,610 | 75.08 | 112,641,785 | 24.92 |
| Edward Farrauto | Carried | 340,669,311 | 75.37 | 111,339,084 | 24.63 |
| Audra Walsh | Carried | 336,350,293 | 74.41 | 115,658,102 | 25.59 |
| Mike Vint | Carried | 445,097,457 | 98.47 | 6,910,938 | 1.53 |
| Randall Chatwin | Carried | 442,035,352 | 97.79 | 9,973,043 | 2.21 |
| Omaya Elguindi | Carried | 446,714,665 | 98.83 | 5,293,730 | 1.17 |
Raymond Threlkeld and Douglas Hurst did not stand for re-election during the June 12, 2024 AGM. The elected directors will serve on the Board of Directors until the Company’s next AGM of shareholders.
Appointment of Auditors
| Outcome of Votes | Votes For | % For | Votes Withheld | % Withheld |
| Carried | 460,052,629 | 98.31 | 7,931,107 | 1.69 |
Full details of all proposals are described in the Company’s Management Information Circular available on the Company’s website at www.calibremining.com and on SEDAR+ at www.sedarplus.ca.
About Calibre
Calibre is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. Calibre is focused on delivering sustainable value for shareholders, local communities and all stakeholders through responsible operations and a disciplined approach to growth. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.
ON BEHALF OF THE BOARD
“Darren Hall”
Darren Hall, President & Chief Executive Officer
For further information, please contact:
Ryan King
SVP Corporate Development & IR
T: 604.628.1012
E: calibre@calibremining.com
W: www.calibremining.com
Calibre’s head office is located at Suite 1560, 200 Burrard St., Vancouver, British Columbia, V6C 3L6.
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The Toronto Stock Exchange has neither reviewed nor accepts responsibility for the adequacy or accuracy of this news release.
FAQ
What were the results of the Calibre Mining AGM held on June 12, 2024?
All matters submitted to shareholders were approved, including the election of the Board of Directors and the re-appointment of PricewaterhouseCoopers LLP as external auditors.
How many shares were represented at the Calibre Mining AGM on June 12, 2024?
A total of 467,983,736 common shares were represented, accounting for 59.41% of the issued and outstanding shares.
What percentage of votes did Darren Hall receive at the Calibre Mining AGM?
Darren Hall received 99.27% of votes for his election as a director.
Which external auditors were re-appointed at the Calibre Mining AGM on June 12, 2024?
PricewaterhouseCoopers LLP was re-appointed as the company’s external auditors with 98.31% of votes.
