Annual General and Special Meeting of Shareholders of GCM Mining Corp. (the “Corporation”)

Rhea-AI Summary

The Annual General and Special Shareholder's meeting for GCM Mining Corp. took place on June 15, 2022. Key outcomes included the approval to fix the number of directors at seven, with 99.54% voting in favor. Directors elected included Serafino Iacono and Miguel de la Campa, with approval rates of 86.95% and 99.46%, respectively. The appointment of KPMG LLP as auditors was also approved with a 99.62% majority. Additionally, shareholders reaffirmed the Shareholders’ Rights Plan from January 2, 2019, with 99.48% approval.

Positive

• Approval of the number of directors fixed at seven with 99.54% support.
• Election of directors received high approval rates: Serafino Iacono (86.95%), Miguel de la Campa (99.46%).
• Appointment of KPMG LLP as auditors approved with 99.62% approval.
• Reconfirmation of the Shareholders’ Rights Plan with 99.48% approval.

Negative

• None.

REPORT OF VOTING RESULTS
(Pursuant to Section 11.3 of National Instrument 51-102)

TORONTO, June 15, 2022 (GLOBE NEWSWIRE) -- The following briefly describes the matters voted upon and the outcome of votes at the Corporation’s Annual General and Special Shareholder’s meeting held on Wednesday, June 15, 2022.

Item	Description of Matter	Outcome	Voted	Voted (%)
	Fixing the number of directors at seven	Approved	49,373,903 For 228,895 Against	99.54% 0.46%
	The election of the following individuals as directors of the Corporation to hold office until the next annual meeting of the Corporation or until their successors are appointed or elected:
	Serafino Iacono	Approved	43,128,204 For 6,474,595 Withheld	86.95% 13.05%
	Miguel de la Campa	Approved	49,334,382 For 268,417 Withheld	99.46% 0.54%
	De Lyle Bloomquist	Approved	49,338,959 For 263,840 Withheld	99.47% 0.53%
	Hernan Martinez	Approved	49,345,091 For 257,708 Withheld	99.48% 0.52%
	Robert Metcalfe	Approved	42,702,900 For 6,899,899 Withheld	86.09% 13.91%
	Jaime Perez Branger	Approved	49,351,093 For 251,706 Withheld	99.49% 0.51%
	Belinda Labatte	Approved	45,292,319 For 4,310,480 Withheld	91.31% 8.69%
	Appointment of KPMG LLP as auditors of the Corporation at a remuneration to be fixed by the directors	Approved	54,569,887 For 210,512 Withheld	99.62% 0.38%
	Approval and reconfirmation of the Corporation’s Shareholders’ Rights Plan dated as of January 2, 2019 between the Corporation and TSX Trust Company as Rights Agent, as more particularly described in the management information circular dated May 3, 2022	Approved	49,342,646 For 260,152 Against	99.48% 0.52%

Dated at the City of Toronto, Ontario this 15^th day of June, 2021.

GCM MINING CORP.

“Amanda Fullerton”

________________
                
Amanda Fullerton
General Counsel & Secretary

For Further Information, Contact:

Mike Davies
Chief Financial Officer
(416) 360-4653
investorrelations@gcm-mining.com

FAQ

What were the voting results from GCM Mining's Annual General Meeting on June 15, 2022?

The meeting resulted in multiple approvals, including fixing the number of directors at seven, appointing auditors, and reaffirming the Shareholders' Rights Plan.

What percentage of shareholders approved fixing the number of directors at GCM Mining?

99.54% of shareholders voted in favor of fixing the number of directors at seven.

Who were the directors elected during the GCM Mining meeting?

Directors elected included Serafino Iacono, Miguel de la Campa, De Lyle Bloomquist, and several others, all receiving significant approval.

What was the outcome of appointing KPMG LLP as auditors for GCM Mining?

The appointment of KPMG LLP as auditors was approved with a 99.62% majority.

What was the approval rate for GCM Mining's Shareholders’ Rights Plan?

The Shareholders' Rights Plan was reconfirmed with 99.48% approval.