Symbol: TSX: ME
TORONTO, June 17, 2019 /CNW/ - Moneta Porcupine
Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the
"Company") announced approval of each of the matters set out in
the Corporation's Management Information Circular dated
May 9, 2019 at the 2019 Annual
and Special Meeting of Shareholders held in Toronto on June 14,
2019 (the "Meeting").
The total number of shares represented by shareholders present
in person and by proxy at the Meeting was 88,895,582, representing
33.32% of the Corporation's outstanding shares.
The eight director nominees proposed by management were elected
by a show of hands with proxies received as follows:
|
Nominee
|
Votes
For
|
Percent
|
Withheld
|
Percent
|
|
|
|
|
|
|
Warren
Bates
|
74,791,840
|
90.82%
|
7,557,435
|
9.18%
|
|
|
|
|
|
|
Rodney A.
Cooper
|
74,797,345
|
90.83%
|
7,551,930
|
9.17%
|
|
|
|
|
|
|
Kevin B.
Heather
|
74,717,345
|
90.73%
|
7,631,930
|
9.27%
|
|
|
|
|
|
|
Alex D.
Henry
|
75,452,518
|
91.62%
|
6,896,757
|
8.38%
|
|
|
|
|
|
|
Gary V.
O'Connor
|
75,002,840
|
91.08%
|
7,346,435
|
8.92%
|
|
|
|
|
|
|
Ian C.
Peres
|
73,582,353
|
89.35%
|
8,766,922
|
10.65%
|
|
|
|
|
|
|
Patricia
Sheahan
|
74,238,231
|
90.15%
|
8,111,044
|
9.85%
|
|
|
|
|
|
|
Mark Wayne
|
75,402,518
|
91.56%
|
6,946,757
|
8.44%
|
Final voting results, on all matters voted on at the Meeting,
are available on SEDAR at www.sedar.com.
About Moneta
The Company holds a 100% interest in 6 core gold projects
strategically located along the Destor-Porcupine Fault Zone in the
Timmins Gold Camp with over 85 million ounces of past gold
production. The projects consist of the Golden Highway,
North Tisdale, Nighthawk Lake,
DeSantis East, Kayorum and Denton
projects. The Golden Highway Project covers 12 kilometres of
prospective ground along the DPFZ of which 4 km hosts the current
43-101 mineral resource estimate comprised of an indicated resource
of 383,400 ounces gold contained within 2.59 Mt @ 4.61 g/t Au and a
total of 873,200 ounces gold contained within 6.46 Mt @ 4.21 g/t Au
in the inferred category at a 3.00 g/t Au cut-off.
The Company's public documents may be accessed at www.sedar.com.
For further information on the Company, please visit our website at
www.monetaporcupine.com or email us at
info@monetaporcupine.com.
SOURCE Moneta Porcupine Mines Inc.