VANCOUVER, April 28, 2016 /PRNewswire/ - Capstone
Mining Corp. ("Capstone") (TSX: CS) today announced the voting
results from its 2016 Annual General Meeting held Wednesday, April 27, 2016 in Vancouver, British Columbia.
A total of 246,256,131 common shares were voted at the meeting,
representing 63.65% of the votes attached to all outstanding common
shares. Shareholders voted in favour of all items of business
before the meeting, including the election of all director nominees
listed in the information circular for the meeting as follows:
Director
|
% of Votes in
Favour
|
% of Votes
Withheld
|
Lawrence I.
Bell
|
65.17
|
34.83
|
George L.
Brack
|
65.06
|
34.94
|
Chantal
Gosselin
|
99.68
|
0.32
|
Soon Jin
Kwon
|
99.75
|
0.25
|
Kalidas V.
Madhavpeddi
|
99.33
|
0.67
|
Dale C.
Peniuk
|
65.55
|
34.45
|
Darren M.
Pylot
|
99.73
|
0.27
|
Richard N.
Zimmer
|
99.68
|
0.32
|
The resolution to set the number of directors at eight was
approved by 79.69% of the votes cast for the resolution. Deloitte
LLP, Chartered Professional Accountants were reappointed Capstone's
auditors for the ensuing year.
Detailed voting results for the 2016 Annual General Meeting are
available on SEDAR at www.sedar.com.
About Capstone Mining Corp.
Capstone Mining
Corp. is a Canadian base metals mining company, focused on copper.
We are committed to the responsible development of our assets and
the environments in which we operate. Our three producing mines are
the Pinto Valley copper mine located in Arizona, US, the Cozamin copper-silver mine in
Zacatecas State, Mexico and the
Minto copper mine in Yukon, Canada. In addition, Capstone has two
development projects; the large scale 70% owned copper-iron
Santo Domingo project in Region
III, Chile, in partnership with
Korea Resources Corporation, and the 100% owned Kutcho copper-zinc
project in British Columbia,
Canada, as well as exploration properties in Chile and US. Capstone's strategy is to
continue to extend the lives of our current mines with mineral
resource and reserve expansions, maintain the optionality on the
Santo Domingo development project,
prudently progress the exploration portfolio and grow through
acquisitions in politically stable, mining-friendly regions. We
will pace our growth with our financial capacity, to retain, as a
priority, sufficient financial flexibility to meet the requirements
of our existing operations and our committed development projects,
while maintaining an adequate cushion to deal with market
volatility and operating risks inherent in the mining industry. Our
headquarters are in Vancouver,
Canada and we are listed on the Toronto Stock Exchange
(TSX). Further information is available at
www.capstonemining.com.
SOURCE Capstone Mining Corp.