Calibre Announces Voting Results from Annual General Meeting

Rhea-AI Summary

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced that its shareholders approved all matters at the Annual General Meeting held on June 16, 2021. A total of 227,705,860 shares were represented, constituting 67.72% of the outstanding shares. Key approvals included the election of the Board of Directors and the re-appointment of PricewaterhouseCoopers LLP as external auditors for 2021. The Board will serve until the next AGM. Detailed voting results revealed a high percentage of support for the nominees, with Darren Hall receiving 99.87% of votes in favor.

Positive

• Shareholder approval of all resolutions at the AGM demonstrates strong support for company leadership.
• High voter turnout with 67.72% of outstanding shares represented indicates robust shareholder engagement.
• Re-appointment of PricewaterhouseCoopers as auditors may enhance investor confidence.

Negative

• None.

VANCOUVER, British Columbia, June 16, 2021 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) is pleased to  announce that all matters submitted to shareholders for approval as set out in detail in the Company’s Management Information Circular dated May 6, 2021, were approved by the requisite majority of votes cast at its Annual General Meeting (“AGM”) held via live webcast.  A total of 227,705,860 common shares of Calibre were represented by shareholders in person or by proxy at the AGM, representing 67.72% of the Company’s issued and outstanding common shares as at the record date of May 6, 2021.

Specifically, shareholders voted to approve:

• Election of the Board of Directors; and
• Re-appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the Company’s external auditors for 2021. 

Detailed results of the voting are set out below:

Election of Directors

Nominee	Outcome of Votes	Votes For	% For	Votes Withheld	% Withheld
Darren Hall	Carried	221,059,623	99.87	287,907	0.13
Blayne Johnson	Carried	217,594,515	98.30	3,753,015	1.70
Douglas Forster	Carried	206,796,860	93.43	14,550,670	6.57
Edward Farrauto	Carried	217,622,712	98.32	3,724,818	1.68
Raymond Threlkeld	Carried	211,892,851	95.73	9,454,679	4.27
Douglas Hurst	Carried	204,869,393	92.56	16,478,137	7.44
Audra Walsh	Carried	213,635,865	96.52	7,711,665	3.48
Mike Vint	Carried	220,837,470	99.77	510,060	0.23
Randall Chatwin	Carried	220,455,835	99.60	891,695	0.40

The directors will serve on the Board of Directors until the Company’s next AGM of shareholders.

Appointment of Auditors

	Outcome of Votes	Votes For	% For	Votes Withheld	% Withheld
	Carried	227,631,322	99.97	74,538	0.03

Full details of all proposals are described in the Company’s Management Information Circular available on the Company’s website at www.calibremining.com and on SEDAR at www.sedar.com.

ON BEHALF OF THE BOARD

“Darren Hall”

Darren Hall
President and Chief Executive Officer

For further information, please contact:

Ryan King
Senior Vice President, Corporate Development & IR
T: (604) 628-1010
E: calibre@calibremining.com
W: www.calibremining.com

About Calibre Mining Corp.

Calibre Mining is a Canadian-listed gold mining and exploration company with two 100%-owned operating gold mines in Nicaragua. The Company is focused on sustainable operating performance and a disciplined approach to growth.  Since the acquisition of the Limon, Libertad gold mines and Pavon Gold Project, Calibre has proceeded to integrate its operations into a ‘hub-and-spoke’ operating philosophy whereby the Company can take advantage of reliable infrastructure, favorable transportation costs, and multiple high-grade ore sources that can be processed at either Limon or Libertad, which have a combined 2.7 million tonnes of annual mill throughput capacity.

FAQ

What were the results of Calibre Mining's AGM on June 16, 2021?

At Calibre Mining's AGM on June 16, 2021, shareholders approved all resolutions, including the election of the Board of Directors and the re-appointment of PricewaterhouseCoopers LLP as external auditors.

What percentage of shares were represented at Calibre Mining's AGM?

A total of 227,705,860 shares were represented at Calibre Mining's AGM, which is 67.72% of the company's outstanding shares.

Who were elected to the Board of Directors at Calibre Mining's AGM?

Darren Hall, Blayne Johnson, Douglas Forster, Edward Farrauto, Raymond Threlkeld, Douglas Hurst, Audra Walsh, Mike Vint, and Randall Chatwin were elected to the Board of Directors.

What stakeholders approved the re-appointment of PricewaterhouseCoopers at Calibre Mining?

Shareholders at Calibre Mining approved the re-appointment of PricewaterhouseCoopers LLP as the company's external auditors for 2021 at the AGM.

How can I find more information about Calibre Mining's AGM resolutions?

Details about all proposals and resolutions from Calibre Mining's AGM can be found in the Management Information Circular on their website or on SEDAR.