TORONTO, ON –(Marketwired – May 07, 2015) – Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) announces that yesterday, at its annual general and special meeting of shareholders (the "Meeting"), all directors nominated as listed in the management information circular dated March 24, 2015 were re-elected. The detailed results are as follows:
Director | Votes For | % | Withheld Votes | % |
Wade Nesmith | 100,580,267 | 88.25 | 13,396,186 | 11.75 |
Joseph Conway | 108,166,282 | 94.90 | 5,810,171 | 5.10 |
David Demers | 78,009,582 | 68.44 | 35,966,871 | 31.56 |
Grant Edey | 77,088,812 | 67.64 | 36,887,641 | 32.36 |
Rohan Hazelton | 79,948,868 | 70.15 | 34,027,585 | 29.85 |
Eduardo Luna | 111,471,544 | 97.80 | 2,504,909 | 2.20 |
Robert Quartermain | 106,479,069 | 93.42 | 7,497,384 | 6.58 |
Michael Riley | 84,446,214 | 74.09 | 29,530,239 | 25.91 |
Brad Marchant | 113,835,530 | 99.88 | 140,923 | 0.12 |
In addition, Primero reports that shareholders voted in favour of the Company's "Say on Pay" advisory, advance notice policy and for the adoption of the Deferred Unit Plan for Key Officers of the Company. Shareholders voted against the continuation of the Director's Phantom Share Unit Plan.
Also, the shareholders voted in favour of three of the four shareholder proposals, concerning the implementation of a clawback policy, a minimum share ownership policy, and an anti-hedging policy. The other shareholder proposal, as described in the information circular, was defeated by a majority of the votes represented at the Meeting.
Full details of all policies and proposals are more fully described in the Company's management information circular as filed on www.sedar.com. The Company has also filed a report of voting results on all resolutions voted on at the Meeting on www.sedar.com.
About Primero
Primero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River-Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas.
Primero's website is www.primeromining.com.
Attachment Available: http://www.marketwire.com/library/MwGo/2015/5/7/11G040870/PR10-15_AGSM_Voting_Results_Final-769208569940.pdf
FOR FURTHER INFORMATION PLEASE CONTACT:
For further information, please contact: Tamara Brown VP, Investor Relations Tel: (416) 814 3168 [email protected]
Source: Primero Mining Corp.Original Article: http://www.primeromining.com/English/News-and-Events/News-Releases/News-Releases-Details/2015/Primero-Announces-Election-of-Directors/default.aspx
