O3 Mining Announces Annual and Special Shareholder Meeting Results

Rhea-AI Summary

O3 Mining Inc. (TSXV: OIII | OTCQX: OIIIF) held its annual and special shareholder meeting with 67.33% of common shares represented. All resolutions were approved, including the election of management nominees to the board, the appointment of PricewaterhouseCoopers LLP as auditors, and the continuation of the 10% rolling Stock Option Plan. Significant voting showed strong support for board members, with John Burzynski receiving 99.49% approval. O3 Mining continues to focus on gold exploration and production in its extensive properties across Québec, Canada.

Positive

• 67.33% of common shares represented at the annual meeting.
• All resolutions, including board elections and auditor appointments, were approved.
• Strong shareholder support for management nominees, with over 99% approval for several board members.

Negative

• None.

TSXV:OIII | OTCQX:OIIIF - O3 Mining

TORONTO, June 4, 2021 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce the results of its annual and special meeting of shareholders (the "Meeting") held earlier today. A total of 45,809,672 common shares of the Corporation were represented at the Meeting, representing approximately 67.33% of the total number of common shares of the Corporation issued and outstanding. All matters presented for approval at the Meeting were duly authorized and approved, as follows:

1. election of all management nominees to the board of directors of the Corporation (details in table below); and
2. appointment of PricewaterhouseCoopers LLP as auditors of the Corporation for the ensuing year and authorization of the directors to fix their remuneration; and
3. approval of the Corporation's existing 10% rolling Stock Option Plan.

Name	Voted For (#)	Voted For (%)	Voted Withhold (#)	Voted Withhold (%)
John Burzynski	44,436,528	99.49%	228,846	0.51%
José Vizquerra Benavides	44,576,411	99.80%	88,963	0.20%
Murray John	42,938,312	96.13%	1,727,062	3.87%
Patrick F.N. Anderson	44,567,655	99.78%	97,719	0.22%
Keith McKay	44,441,354	99.50%	224,020	0.50%
Amy Satov	44,444,269	99.50%	221,105	0.50%
Bernardo Alvarez Calderon	44,574,349	99.80%	91,025	0.20%
Elijah Tyshynski	44,577,398	99.80%	87,976	0.20%
Mélissa Desrochers	44,468,061	99.56%	197,313	0.44%

About O3 Mining Inc.

O3 Mining Inc., an Osisko Group company, is a gold explorer and mine developer on the road to produce from its highly prospective gold camps in Québec, Canada. O3 Mining benefits from the support, previous mine-building success, and expertise of the Osisko team as it grows towards being a gold producer with several multi-million ounce deposits in Québec.

O3 Mining is well-capitalized and owns a 100% interest in all its properties (137,000 hectares) in Québec. O3 Mining trades on the TSX Venture Exchange (TSX.V: OIII) and OTC Markets (OTCQX: OIIIF). The company is focused on delivering superior returns to its shareholders and long-term benefits to its stakeholders. Further information can be found on our website at https://o3mining.com.

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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

View original content to download multimedia:http://www.prnewswire.com/news-releases/o3-mining-announces-annual-and-special-shareholder-meeting-results-301306278.html

SOURCE O3 Mining Inc.

FAQ

What were the results of O3 Mining's June 2021 shareholder meeting?

O3 Mining's June 2021 shareholder meeting saw 67.33% of shares represented, with all resolutions approved.

Who were elected to the board of O3 Mining during the June 2021 meeting?

All management nominees were elected to the board during the June 2021 meeting.

What auditor was appointed by O3 Mining in June 2021?

PricewaterhouseCoopers LLP was appointed as auditors for O3 Mining for the ensuing year.

What is the Stock Option Plan approved by O3 Mining in June 2021?

O3 Mining approved its existing 10% rolling Stock Option Plan during the June 2021 meeting.