Denarius Announces Voting Results of the Annual General and Special Meeting of Shareholders Held Today

Rhea-AI Summary

Denarius Metals Corp. (OTCQB: DNRSF) reported the results of its Annual General and Special Meeting held on October 20, 2022. Key highlights include:

• Directors: Eight directors were elected, with over 99% approval for all.
• Auditors: KPMG LLP was appointed as auditors with 99.995% approval.
• Stock Option Plan: An ordinary resolution for a stock option plan was approved, limiting share issuance to 10% of outstanding shares.

The Company focuses on high-grade mining projects in Spain and Colombia.

Positive

• Elected eight directors with a majority approval exceeding 99%.
• Successfully appointed KPMG LLP as auditors with 99.995% approval.
• Approved a stock option plan with overwhelming support (99.910%).

Negative

• None.

TORONTO, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Denarius Metals Corp. (“Denarius” or “the Company”) (TSXV: DSLV; OTCQB: DNRSF) is pleased to announce the voting results of the Annual General and Special Meeting of Shareholders held today. The detailed results of the votes for each matter acted upon are set out below:

Item	Description of Matter	Outcome	Voted	Voted (%)
1.	Fixing the number of directors at eight	Approved	For 94,789,653 Against 47,300	99.950% 0.050%
2.	The election of the following individuals as directors of the Company to hold office until the next annual meeting of the Company or until their successors are appointed or elected:
	Serafino Iacono	Approved	For 94,694,653 Withheld 142,300	99.850% 0.150%
	Lombardo Paredes Arenas	Approved	For 93,944,653 Withheld 892,300	99.059% 0.941%
	Paul Sparkes	Approved	For 94,718,653 Withheld 118,300	99.875% 0.125%
	Jesus Perez	Approved	For 93,955,653 Withheld 881,300	99.071% 0.929%
	Jerome (Gino) Vitale	Approved	For 94,694,653 Withheld 142,300	99.850% 0.150%
	Francisco Sole	Approved	For 94,718,653 Withheld 118,300	99.875% 0.125%
	Hernan Juan Jose Martinez Torres	Approved	For 94,694,653 Withheld 142,300	99.850% 0.150%
	Federico Restrepo-Solano	Approved	For 94,718,653 Withheld 118,300	99.875% 0.125%
3.	Appointment of KPMG LLP as auditors of the Company at a remuneration to be fixed by the directors	Approved	For 97,123,468 Withheld 5,300	99.995% 0.005%
4.	Approval of an ordinary resolution approving the stock option plan of the Company which fixes the maximum aggregate number of shares for issuance under the plan at 10% of the issued and outstanding shares of the Company, on a rolling basis, as more particularly described in the management information circular of the Company dated September 19, 2022 (the “Circular”)	Approved	For 94,751,953 Against 85,000	99.910% 0.090%

About Denarius

Denarius is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of mining projects in high-grade districts, with its principal focus on the Lomero-Poyatos Project in Spain. The Company also owns the Zancudo and Guia Antigua Projects in Colombia.

Additional information on Denarius can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR at www.sedar.com.

Cautionary Statement on Forward-Looking Information

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to anticipated business plans or strategies, including exploration programs, expected exploration results and Mineral Resource estimates. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Denarius to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and Denarius disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

For Further Information, Contact:

Christopher Haldane
Vice President, Investor Relations
(416) 360-4653
investors@denariusmetals.com 

FAQ

What were the results of the Denarius Metals Corp. annual meeting on October 20, 2022?

The results included the election of eight directors with over 99% approval, appointment of KPMG LLP as auditors, and approval of a stock option plan.

Who were the directors elected at Denarius Metals Corp's meeting?

The elected directors include Serafino Iacono, Lombardo Paredes Arenas, Paul Sparkes, and others, all receiving over 99% approval.

What is the stock symbol for Denarius Metals Corp?

The stock symbol for Denarius Metals Corp is DNRSF.

What is the focus of Denarius Metals Corp?

Denarius focuses on the acquisition and operation of high-grade mining projects, particularly the Lomero-Poyatos Project in Spain.

What percentage of shares is limited under Denarius's stock option plan?

The stock option plan limits share issuance to 10% of the issued and outstanding shares on a rolling basis.