Stillwater Announces Certified Annual Meeting Results
Stillwater Mining Company (NYSE:SWC) (TSX:SWC.U) ('Stillwater? or the
'Company?) today announced that IVS Associates, Inc. ('IVS?), the
independent Inspector of Elections, has certified the final voting
results of the 2013 Annual Meeting of Shareholders held on May 2, 2013.
At the Annual Meeting, Stillwater shareholders voted to elect the
following directors:
? | For Votes Received | ? | % Shares Voting | |
George M. Bee | 49,325,780 | 52.2% | ||
Charles R. Engles | 56,546,147 | 59.8% | ||
Francis R. McAllister | 48,934,731 | 51.8% | ||
Michael McMullen | 56,317,690 | 59.6% | ||
Patrice E. Merrin | 52,704,430 | 55.8% | ||
Michael S. Parrett | 42,465,050 | 44.9% | ||
Brian Schweitzer | 56,546,463 | 59.8% | ||
Gary A. Sugar | 49,331,593 | 52.2% |
Frank McAllister, Stillwater′s Chairman and Chief Executive Officer,
said, 'We have been very pleased throughout the election process to talk
with many of our shareholders in developing our views as to the future
of Stillwater. We believe the election provides us an opportunity to
begin a new chapter for Stillwater and the newly constituted Board will,
as the Board always has, focus on maximizing value for stockholders
through our position as the sole U.S. producer of palladium and
platinum. We look forward to receiving valuable contributions from our
new and continuing directors.?
Additionally, IVS reported that 97.5% of shares were voted to ratify the
selection of KMPG LLP as the Company's independent registered accounting
firm.
IVS also reported that 65.8% of shares voted to disapprove, on an
advisory basis, the compensation of the Company′s named executive
officers.
About Stillwater Mining Company
Stillwater Mining Company is the only U.S. producer of palladium and
platinum and is the largest primary producer of platinum group metals
outside of South Africa and the Russian Federation. The Company′s shares
are traded on the New York Stock Exchange under the symbol SWC and on
the Toronto Stock Exchange under the symbol SWC.U. Information on
Stillwater Mining Company can be found at its website: www.stillwatermining.com.
INVESTORS:
Stillwater Mining Company
Mike Beckstead
406-373-8971
or
MEDIA:
Sard
Verbinnen & Co
Dan Gagnier / Michael Henson
212-687-8080