Apollo Announces 2022 Annual General Meeting Results

Rhea-AI Summary

Apollo Silver Corp. (TSX.V:APGO, OTCQB:APGOF) held its annual general meeting on June 10, 2022, where shareholders successfully voted to elect all nominated directors. The voting results indicate overwhelming support, with over 99% of votes in favor of each nominee. The meeting also included the re-appointment of Davison & Company LLP as auditors and the approval of the amended Share Option Plan. A total of 56,233,229 common shares were represented, comprising 32.27% of the total issued shares. Further details on the meeting results are available on SEDAR.

Positive

• All directors nominated were elected with over 99% votes in favor.
• Shareholders approved the re-appointment of Davison & Company LLP as auditors.
• The amended Share Option Plan received shareholder approval.

Negative

• Only 32.27% of total issued shares were represented at the meeting.

VANCOUVER, British Columbia, June 13, 2022 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (TSX.V:APGO, OTCQB:APGOF, FSE:6ZF0) (“Apollo” or the “Company”) is pleased to announce the voting results from its annual general meeting of shareholders held on June 10, 2022 (the “Meeting”).

All directors nominated as listed in the information circular dated April 29, 2022, were elected, as shown in the following table below:

Nominee	Votes For	% Votes For		Votes Withheld	% Votes Withheld
Thomas Peregoodoff	56,228,229	99.99%		5,000	0.01%
Andrew Bowering	56,221,229	99.98%		12,000	0.02%
Simon Clarke	56,220,229	99.98%		13,000	0.02%
Sean Bromley	50,159,401	89.20%		6,073,828	10.80%
Steven Thomas	56,204,001	99.95%		29,228	0.05%
Jocelyn Thompson	56,204,001	99.95%		29,228	0.05%
Collette Brown-Rodriguez	56,205,001	99.95%		28,228	0.05%

At the Meeting, the shareholders of the company also approved:

• the re-appointment of Davison & Company LLP as the auditor of the Company for the ensuing year and authorized the directors to fix their remuneration; and
• the Company’s amended and restated Share Option Plan.

The total number of common shares of Apollo represented by shareholders in person or by proxy at the Meeting was 56,233,229 common shares, representing 32.27% of the total issued and outstanding common shares at the record date for the Meeting.

Details of votes on all matters of business considered at the Meeting are available in the Company’s report of voting results on SEDAR (www.sedar.com).

Please visit www.apollosilver.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS

Tom Peregoodoff
Chief Executive Officer

For further information, please contact:

Tom Peregoodoff
Chief Executive Officer
Telephone: +1 (604) 428-6128
tomp@apollosilver.com

About Apollo Silver Corp.

Apollo Silver Corp. has assembled an experienced and technically strong leadership team who have joined to advance world class precious metals projects in tier-one jurisdictions. The Company is focused on advancing its portfolio of two significant silver exploration and resource development projects, the Calico Silver Project, in San Bernardino County, California and Silver District Project in La Paz County, Arizona.

Neither TSX Venture 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.

Cautionary Statement Regarding “Forward-Looking” Information

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in the Company’s periodic filings with Canadian securities regulators. When used in this news release, words such as “will”, “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “appear”, “should,” and similar expressions, are forward-looking statements. Although Apollo Silver Corp. has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.

FAQ

What were the voting results for Apollo Silver Corp. at the June 10, 2022, annual meeting?

All nominated directors were elected with overwhelming support, each receiving over 99% of votes in favor.

Which auditor was re-appointed by Apollo Silver Corp. during the annual meeting?

Davison & Company LLP was re-appointed as the auditor for the ensuing year.

What percentage of shareholders participated in Apollo Silver Corp.'s annual meeting?

32.27% of the total issued common shares were represented at the meeting.

What important plans did Apollo Silver Corp. shareholders approve during the meeting?

Shareholders approved the amended and restated Share Option Plan.