Calibre Announces Voting Results from Annual General Meeting

Rhea-AI Summary

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced that all matters presented at its Annual General Meeting (AGM) on June 15, 2022, were approved by shareholders. A total of 258,667,540 common shares were represented, equivalent to 57.73% of issued shares. Key approvals included the election of the Board of Directors and the re-appointment of PricewaterhouseCoopers LLP as external auditors for 2022. The election saw overwhelming support, with votes for directors exceeding 90% in most cases.

Positive

• Shareholders approved all matters during the AGM, indicating strong support.
• The election of the Board of Directors saw significant voting majorities, with outcomes exceeding 90% in many cases.
• Re-appointment of PricewaterhouseCoopers LLP as auditors reflects confidence in financial oversight.

Negative

• None.

VANCOUVER, British Columbia, June 15, 2022 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") 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, 2022, were approved by the requisite majority of votes cast at its Annual General Meeting (“AGM”) held via live webcast. A total of 258,667,540 common shares of Calibre were represented by shareholders in person or by proxy at the AGM, representing 57.73% of the Company’s issued and outstanding common shares as at the record date of May 6, 2022.

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 2022. 

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	246,235,740	99.76%	603,479	0.24%
Blayne Johnson	Carried	240,423,501	97.40%	6,415,718	2.60%
Douglas Forster	Carried	204,259,947	82.75%	42,579,272	17.25%
Edward Farrauto	Carried	237,522,551	96.23%	9,316,668	3.77%
Raymond Threlkeld	Carried	236,983,721	96.01%	9,855,498	3.99%
Douglas Hurst	Carried	218,966,467	88.71%	27,872,752	11.29%
Audra Walsh	Carried	223,724,329	90.64%	23,114,890	9.36%
Mike Vint	Carried	245,934,565	99.63%	904,654	0.37%
Randall Chatwin	Carried	245,720,410	99.55%	1,118,809	0.45%

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	258,154,029	99.80%		505,559	0.20%

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 & Chief Executive Officer

For further information, please contact:

Ryan King
Senior Vice President Corporate Development & Investor Relations
T: (604) 628-1012
E: calibre@calibremining.com
W: www.calibremining.com

About Calibre Mining Corp.

Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Nevada and Washington in the USA, and Nicaragua. Calibre is focused on delivering sustainable value for shareholders, local communities and all stakeholders through responsible operations and a disciplined approach to growth. With a strong balance sheet, no debt, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.

FAQ

What were the outcomes of Calibre Mining Corp.'s AGM on June 15, 2022?

All proposals were approved, including the election of the Board of Directors and appointment of external auditors.

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

A total of 258,667,540 common shares were represented, accounting for 57.73% of the issued shares.

Who was re-appointed as auditors during Calibre Mining's AGM?

PricewaterhouseCoopers LLP was re-appointed as the company's external auditors for 2022.

How did shareholders vote for the Board of Directors at Calibre Mining's AGM?

Voting for the Board of Directors was overwhelmingly supportive, with most nominees receiving over 90% approval.