Great Panther Announces AGM Voting Results

Rhea-AI Summary

Great Panther Mining Limited (NYSE: GPL, TSX: GPR) held its Annual General Meeting on June 24, 2020, with 141,771,862 votes cast, representing 45.38% of issued shares. Shareholders approved all business items, including the election of nine director nominees, all receiving over 96% support. Additionally, 95.28% voted in favor of maintaining the board size, 95.89% appointed KPMG LLP as auditors, and 91.95% supported a three-year extension of the Omnibus Incentive Plan. Great Panther continues to focus on gold and silver production in the Americas.

Positive

• 141,771,862 votes cast at AGM, a strong shareholder representation of 45.38%.
• All director nominees elected with over 96% approval.
• 95.28% support for the number of directors to remain at nine.
• KPMG LLP appointed as auditors with 95.89% approval.
• 91.95% approval for the amended Omnibus Incentive Plan.

Negative

• None.

NYSE American: GPL  |  TSX: GPR  

VANCOUVER, BC, June 24, 2020 /PRNewswire/ - Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or "the Company") reports the results of its Annual General Meeting of Shareholders (the "Meeting") held on June 24, 2020.  A total of 141,771,862 votes were cast, representing 45.38% of the issued and outstanding common shares as of the record date for the Meeting. 

Shareholders voted overwhelmingly in favour of all items of business before the Meeting.  All of the director nominees were duly elected by shareholders present or represented by proxy.  The following provides the voting results for each director nominee:

Director	Votes for	Percent for	Votes withheld	Percent withheld
David Garofalo	68,170,590	96.37%	2,564,523	3.63%
Joseph Gallucci	68,168,809	96.37%	2,566,304	3.63%
R.W. (Bob) Garnett	68,219,720	96.44%	2,515,393	3.56%
Alan Hair	68,169,374	96.37%	2,565,739	3.63%
Robert Henderson	68,234,810	96.47%	2,500,303	3.53%
John Jennings	68,073,217	96.24%	2,661,896	3.76%
W.J. (James) Mullin	68,094,181	96.27%	2,640,932	3.73%
Elise Rees	68,209,834	96.43%	2,525,279	3.57%
Kevin J. Ross	68,182,787	96.39%	2,552,326	3.61%

Shareholders voted 95.28% in favour of setting the number of directors at nine, 95.89% in favour of appointing KPMG LLP as auditors, and 91.95% in favour of the amended and restated Omnibus Incentive Plan for a three-year period.

ABOUT GREAT PANTHER

Great Panther is a growing gold and silver producer focused on the Americas.  The Company owns a diversified portfolio of assets in Brazil, Mexico and Peru that includes three operating gold and silver mines, four exploration projects, and an advanced development project. Great Panther is actively exploring large land packages in highly prospective districts and is pursuing acquisition opportunities to complement its existing portfolio.  Great Panther trades on the Toronto Stock Exchange trading under the symbol GPR, and on the NYSE American under the symbol GPL.

View original content:http://www.prnewswire.com/news-releases/great-panther-announces-agm-voting-results-301083227.html

SOURCE Great Panther Mining Limited

FAQ

What were the voting results at the Great Panther Mining AGM on June 24, 2020?

At the Great Panther Mining AGM on June 24, 2020, 141,771,862 votes were cast, with all director nominees receiving over 96% approval.

How many directors were elected at Great Panther Mining's AGM?

Nine directors were elected at the AGM, receiving significant support from shareholders.

What percentage of shareholders voted for KPMG LLP as auditors at Great Panther Mining?

95.89% of shareholders voted in favor of appointing KPMG LLP as auditors.

What was the outcome for the Omnibus Incentive Plan at Great Panther Mining's AGM?

The amended and restated Omnibus Incentive Plan was approved by 91.95% of the shareholders.

What was the total number of votes cast at Great Panther Mining's AGM?

A total of 141,771,862 votes were cast at Great Panther Mining's AGM.