ERO:CC - Ero Copper Announces Voting Results of Annual General Meeting of Shareholders
VANCOUVER, British Columbia, April 27, 2022 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) reported the voting results from its annual general meeting of shareholders held today in a virtual-only format conducted by live audio teleconference. A total of 76,996,438 common shares were represented at the meeting, being 85.33% of the issued and outstanding common shares of the Company as at the March 7, 2022 record date. Shareholders voted in favour of all items of business before the meeting, including the re-election of management’s nominees as directors for the ensuing year and the advisory vote on executive compensation. Detailed results of the votes are presented below.
Each item of business voted upon at the meeting is described in detail in the Company's Management Information Circular dated March 8, 2022 (the “Circular”), which is available on the Company's website (www.erocopper.com), on SEDAR (www.sedar.com) and on EDGAR (www.sec.gov).
ELECTION OF DIRECTORS
Each of the nine nominees in the Circular were re-elected as directors of the Company for the ensuing year, and the outcome of the vote by ballot was as follows:
| Number of Common Shares Voted |
| Percentage of Votes Cast |
| Director Nominee |
| For |
| Withheld |
| For |
| Withheld |
| Christopher Noel Dunn |
| 71,129,099 |
| 1,413,951 |
| 98.05 |
| % |
| 1.95 |
| % |
| David Strang |
| 72,433,163 |
| 109,887 |
| 99.85 |
| % |
| 0.15 |
| % |
| Lyle Braaten |
| 67,150,302 |
| 5,392,748 |
| 92.57 |
| % |
| 7.43 |
| % |
| Steven Busby |
| 71,571,422 |
| 971,628 |
| 98.66 |
| % |
| 1.34 |
| % |
| Dr. Sally Eyre |
| 64,584,767 |
| 7,958,283 |
| 89.03 |
| % |
| 10.97 |
| % |
| Robert Getz |
| 71,292,135 |
| 1,250,915 |
| 98.28 |
| % |
| 1.72 |
| % |
| Chantal Gosselin |
| 72,223,489 |
| 319,561 |
| 99.56 |
| % |
| 0.44 |
| % |
| John Wright |
| 72,422,185 |
| 120,865 |
| 99.83 |
| % |
| 0.17 |
| % |
| Matthew Wubs |
| 72,431,725 |
| 111,325 |
| 99.85 |
| % |
| 0.15 |
| % |
APPOINTMENT OF AUDITOR
KPMG LLP, Chartered Professional Accountants, was re-appointed as the auditor of the Company for the ensuing year, and the directors of the Company were authorized to fix the remuneration to be paid to the auditor, and the outcome of the vote by ballot was as follows:
| Number of Common Shares Voted |
| Percentage of Votes Cast |
| Appointment of Auditor |
| For |
| Withheld |
| For |
| Withheld |
| KPMG LLP |
| 76,968,226 |
| 28,212 |
| 99.96 |
| % |
| 0.04 |
| % |
ADVISORY VOTE ON EXECUTIVE COMPENSATION
The non-binding advisory “say on pay” resolution accepting the Company’s approach to executive compensation as described in the Circular was approved, and the outcome of the vote by ballot was as follows:
| Number of Common Shares Voted |
| Percentage of Votes Cast |
| For |
| Against |
| For |
| Against |
| Advisory Vote on Executive Compensation |
| 67,576,063 |
| 4,966,986 |
| 93.15 |
| % |
| 6.85 |
| % |
ABOUT ERO COPPER CORP
Ero Copper Corp is a high-growth, clean copper producer with operations in Brazil and corporate headquarters in Vancouver, B.C. The Company's primary asset is a 99.6% interest in the Brazilian copper mining company, Mineração Caraíba S.A. ("MCSA"), 100% owner of the MCSA Mining Complex, which is comprised of operations located in the Curaçá Valley, Bahia State, Brazil, where the Company currently mines copper from the Pilar and Vermelhos underground mines and the Surubim open pit mine, and the Boa Esperança development project, an IOCG-type copper project located in Pará, Brazil. The Company also owns 97.6% of NX Gold S.A. ("NX Gold") which owns the NX Gold Mine, an operating gold and silver mine located in Mato Grosso, Brazil.
ERO COPPER CORP.
| /s/ David Strang |
| For further information contact: |
| David Strang, CEO |
| Courtney Lynn, VP, Corporate Development & Investor Relations (604) 335-7504 |
| info@erocopper.com |