Discovery Silver Announces Annual General Meeting Results
May 12 2023 - 4:30PM
Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF)
(“Discovery” or the “Company”) is pleased to announce the results
of voting at its Annual General Meeting held today. Shareholders
voted in favour of the election of all director nominees: Murray
John (Chair); Tony Makuch; Jeff Parr; Moira Smith; Daniel
Vickerman; and Jennifer Wagner. Details of the votes are set out
below:
Nominee |
Votes For |
% For |
Votes Withheld |
% Withheld |
Murray John |
191,925,821 |
99.16 |
% |
1,623,825 |
0.84 |
% |
Tony Makuch |
192,037,735 |
99.22 |
% |
1,511,911 |
0.78 |
% |
Jeff Parr |
191,943,721 |
99.17 |
% |
1,605,925 |
0.83 |
% |
Moira Smith |
191,916,033 |
99.16 |
% |
1,633,613 |
0.84 |
% |
Daniel Vickerman |
191,946,456 |
99.17 |
% |
1,603,190 |
0.83 |
% |
Jennifer Wagner |
191,884,843 |
99.14 |
% |
1,664,803 |
0.86 |
% |
Shareholders also voted in favour of (i)
appointing PricewaterhouseCoopers LLP, Chartered Accountants, as
auditors of the Company for the ensuing year; (ii) the amendment of
the Company’s Articles to remove Article 15; (iii) the Amendment
and Adoption of the Company’s Equity Compensation plans and; (iv)
the adoption of Advance Notice Policy. Further details on these
items can be found in the Company’s Management Information Circular
dated March 31, 2023 and filed on SEDAR. Details of the votes are
set out below.
|
Outcome of Vote |
Votes For |
% For |
Votes Withheld |
% Withheld |
Appointment of Auditors |
Carried |
208,821,524 |
99.29 |
% |
1,494,842 |
0.71 |
% |
Amendment to Articles |
Carried |
153,435,872 |
79.27 |
% |
40,113,774 |
20.73 |
% |
Amendment and adoption of Equity Compensation plans |
Carried |
152,809,074 |
78.95 |
% |
40,740,572 |
21.05 |
% |
Adoption of Advance Notice Policy |
Carried |
153,591,082 |
79.35 |
% |
39,958,564 |
20.65 |
% |
About Discovery
Discovery’s flagship project is its 100%-owned
Cordero project, one of the world’s largest silver deposits. The
PFS completed in January 2023 demonstrates that Cordero has the
potential to be developed into a highly capital efficient mine that
offers the combination of margin, size and scalability. Cordero is
located close to infrastructure in a prolific mining belt in
Chihuahua State, Mexico.
On Behalf of the Board of Directors,
Tony Makuch, P.EngCEO & Director
For further information contact:
Forbes Gemmell, CFAVP Corporate
DevelopmentPhone: 416-613-9410Email:
forbes.gemmell@discoverysilver.comWebsite:
www.discoverysilver.com
Neither TSX Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
This news release is not for distribution to United States
newswire services or for dissemination in the United States.
This news release does not constitute an offer
to sell or a solicitation of an offer to buy nor shall there be any
sale of any of the securities in any jurisdiction in which such
offer, solicitation or sale would be unlawful, including any of the
securities in the United States of America. The securities have not
been and will not be registered under the United States Securities
Act of 1933, as amended (the “1933 Act”) or any state securities
laws and may not be offered or sold within the United States or to,
or for account or benefit of, U.S. Persons (as defined in
Regulation S under the 1933 Act) unless registered under the 1933
Act and applicable state securities laws, or an exemption from such
registration requirements is available.
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