Generation Mining Announces Results of Annual Meeting of Shareholders

Rhea-AI Summary

Generation Mining (TSX:GENM, OTCQB: GENMF) held its annual meeting of shareholders, announcing the election results for its board of directors. The six nominees listed in the Management Information Circular dated May 5, 2024, were elected by a majority vote. The elected directors, Jamie Levy, Kerry Knoll, Stephen Reford, Paul Murphy, Phillip Walford, and Cashel Meagher, will serve until the next annual meeting or until successors are appointed. The voting percentages for these candidates ranged from 99.617% to 99.80%. Additionally, shareholders voted to re-appoint RSM Canada LLP as the auditor for the next year, with the board authorized to fix the auditor's remuneration. Detailed voting results are available on SEDAR+.

Positive

• All six director nominees were elected with over 99% of the votes.
• Shareholders approved the re-appointment of RSM Canada LLP as the auditor.
• Voting results show strong shareholder support for the current board and auditor.
• Jamie Levy received 99.675% of the votes.
• Stephen Reford received the highest approval with 99.80% of the votes.

Negative

• No notable negative business aspects were identified in the press release.

TORONTO--(BUSINESS WIRE)-- Generation Mining Limited (TSX:GENM, OTCQB: GENMF) (the “Company”) announces the voting results from its annual meeting of shareholders (the “Meeting”) held earlier today.

The six (6) candidates nominated for election to the Company’s board of directors and listed in the Company’s Management Information Circular dated May 5, 2024, were each elected by a majority of the votes cast by shareholders present in person or represented by proxy at the Meeting. Each director elected will continue to hold office until the next annual meeting of Shareholders, or until a successor is elected or appointed. The voting results were as follows:

Nominee	Votes For	Votes Withheld
Jamie Levy	120,559,677	392,847
	(99.675%)	(0.325%)
Kerry Knoll	120,608,072	344,452
	(99.715%)	(0.285%)
Stephen Reford	120,721,827	230,697
	(99.80%)	(0.191%)
Paul Murphy	120,615,127	337,797
	(99.721%)	(0.279%)
Phillip Walford	120,615,127	337,397
	(99.721%)	(0.279%)
Cashel Meagher	120,489,755	462,769
	(99.617%)	(0.383%)

Shareholders of the Company also voted in favour of a resolution to re-appoint RSM Canada LLP as the auditor of the Company until the next annual meeting of Shareholders and the board of directors were authorized to fix the remuneration of the auditor.

The full report of voting results from the Meeting is available under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240613431552/en/

For further information:

Jamie Levy

President and Chief Executive Officer

(416) 640-2934 (O)

(416) 567-2440 (M)

jlevy@genmining.com

Source: Generation Mining Limited

FAQ

What were the voting results for Generation Mining's board of directors at the 2024 annual meeting?

All six nominees for the board of directors were elected with over 99% of the votes.

Who are the elected directors of Generation Mining for the next term?

The elected directors are Jamie Levy, Kerry Knoll, Stephen Reford, Paul Murphy, Phillip Walford, and Cashel Meagher.

What percentage of votes did Jamie Levy receive in the 2024 shareholder meeting?

Jamie Levy received 99.675% of the votes.

Which director received the highest voting approval at Generation Mining's 2024 annual meeting?

Stephen Reford received the highest approval with 99.80% of the votes.

Who was re-appointed as the auditor for Generation Mining?

RSM Canada LLP was re-appointed as the auditor.

Where can detailed voting results from Generation Mining's 2024 annual meeting be found?

Detailed voting results are available on SEDAR+.