DPM:CC - Dundee Precious Metals Announces Voting Results from 2022 Annual and Special Meeting of Shareholders
TORONTO, May 06, 2022 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (the “Company” or “DPM”) is pleased to announce the voting results from its Annual and Special Meeting of shareholders which was held via live audio webcast on Thursday, May 5, 2022. A total of 145,753,820 common shares were voted at the meeting, representing approximately 76.43% of the outstanding common shares. Shareholders voted in favour of all items of business before the meeting, as follows:
Election of Directors
The shareholders elected each of the eight nominees listed in the Company’s management information circular. Details of the voting results are set out below:
| Name |
| Votes in Favour |
| % For |
| Votes Withheld |
| % Withheld |
| Dr. Nicole Adshead-Bell |
| 137,415,827 |
| 99.32 |
| 940,312 |
| 0.68 |
| Jaimie Donovan |
| 136,894,653 |
| 98.94 |
| 1,461,486 |
| 1.06 |
| R. Peter Gillin |
| 126,894,715 |
| 91.72 |
| 11,461,424 |
| 8.28 |
| Kalidas Madhavpeddi |
| 132,566,864 |
| 95.82 |
| 5,789,275 |
| 4.18 |
| Juanita Montalvo |
| 136,865,087 |
| 98.92 |
| 1,491,052 |
| 1.08 |
| David Rae |
| 138,087,329 |
| 99.81 |
| 268,810 |
| 0.19 |
| Marie-Anne Tawil |
| 136,922,603 |
| 98.96 |
| 1,433,536 |
| 1.04 |
| Anthony P. Walsh |
| 114,986,346 |
| 83.11 |
| 23,369,793 |
| 16.89 |
Appointment of Auditors
PricewaterhouseCoopers LLP was appointed as auditor of the Company and the directors of the Company were authorized to fix the remuneration of the auditors. Details of the voting results are set out below:
| Total Votes |
| % of Votes Cast |
| Votes in Favour |
| 138,413,285 |
| 94.96 |
| Votes Withheld |
| 7,340,534 |
| 5.04 |
| Total Votes Cast |
| 145,753,819 |
| 100 |
Stock Option Plan
The ordinary resolution approving the Company’s 2022 stock option plan, including the issuance of a maximum of 5,000,000 additional common shares thereunder, was passed. Details of the voting results are set out below:
| Total Votes |
| % of Votes Cast |
| Votes in Favour |
| 128,247,102 |
| 92.69 |
| Votes Against |
| 10,109,038 |
| 7.31 |
| Total Votes Cast |
| 138,356,140 |
| 100 |
Advisory Say on Pay Vote
The advisory resolution was passed at the meeting, demonstrating significant shareholder support for the Company’s approach to compensation. Details of the voting results are set out below:
| Total Votes |
| % of Votes Cast |
| Votes in Favour |
| 133,162,317 |
| 96.25 |
| Votes Against |
| 5,193,822 |
| 3.75 |
| Total Votes Cast |
| 138,356,139 |
| 100 |
About Dundee Precious Metals Inc.
Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Ecuador and Serbia. The Company’s purpose is to unlock resources and generate value to thrive and growth together. This overall purpose is supported by a foundation of core values, which guides how the Company conducts its business and informs a set of complementary strategic pillars and objectives related to ESG, innovation, optimizing our existing portfolio, and growth. The Company’s resources are allocated in-line with its strategy to ensure that DPM delivers value for all of its stakeholders. DPM’s shares are traded on the Toronto Stock Exchange (symbol: DPM).
For further information please contact:
David Rae
President and Chief Executive Officer
Tel: (416) 365-2836
drae@dundeeprecious.com
Jennifer Cameron
Director, Investor Relations
Tel: (416) 219-6177
jcameron@dundeeprecious.com