Scorpio Mining Corporation announces name change and results of shareholder meeting
Shareholders also approved the election of each of the nominees listed in the management information circular dated April 14, 2015 (the "Circular"). Detailed results from the election of directors are set out below.
Name | Shares Voted For | Shares Withheld |
Darren Blasutti | 89,796,696 | 1,302,632 (1.43%) |
Alex Davidson | 88,743,772 | 2,355,556 (2.59%) |
Alan Edwards | 90,294,450 | 804,878 (0.88%) |
Peter Hawley | 61,238,180 | 29,861,148 (32.78%) |
Bradley Kipp | 59,640,318 | 31,459,010 (34.53%) |
Gordon Pridham | 89,715,996 | 1,383,332 (1.52%) |
Lorie Waisberg | 88,566,583 | 2,532,744 (2.78%) |
The biographies of directors and further details about the Company's corporate governance practices are available at www.americassilvercorp.com.
In addition, shareholders voted in favour of the following matters, each as more particularly set out in the Circular:
(i) | authorized the repeal of the Company's existing by-laws and approval of new by-laws that provide, among other things, to remove unnecessary provisions and reflect certain corporate governance best practices; |
(ii) | ratified and confirmed the Company's Shareholder Rights Plan as adopted by the Board on April 14, 2015; and |
(iii) | approved the issuance of 5,346,639 compensation warrants to purchase common shares to Medalist Capital Ltd. |
About Scorpio Mining Corporation (now Americas Silver Corporation)
The Company is a silver mining company focused on growth in precious metals from its existing asset base and execution of targeted accretive acquisitions. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Mine Complex in Idaho, USA.
For further information please see SEDAR or www.americassilvercorp.com.
SOURCE Scorpio Mining Corp.
Contact
Darren Blasutti, President and CEO
416-848-9503
www.americassilvercorp.com
Nikki Richard, Investor Relations
416-848-9503