Voting Results of Solitario Annual Meeting Held June 10, 2021

Rhea-AI Summary

Solitario Zinc Corp. (NYSE American: XPL) held its Annual General Meeting on June 10, 2021, where 47.96% of shareholders voted. Key results included:

• Election of Directors: All six nominated directors were elected with high approval rates, notably John Labate at 94.57%.
• Executive Compensation: Approved with 98.45% voting in favor.
• Appointment of Auditors: Ratified with 99.53% in favor.

Solitario has a strong cash position of approximately US$7.6 million and valuable zinc projects in Alaska and Peru.

Positive

• High shareholder turnout with 47.96% voting participation.
• All six nominated directors received strong approval rates, enhancing governance.
• Executive compensation package approved with 98.45% support, indicating shareholder confidence.
• Appointment of auditors ratified with 99.53% approval, reflecting trust in financial oversight.
• Strong cash balance and marketable securities of approximately US$7.6 million.

Negative

• None.

DENVER, CO / ACCESSWIRE / June 10, 2021 / Solitario Zinc Corp. ("Solitario") (NYSE American:XPL)(TSX:SLR) announces results of its Annual General Meeting of Shareholders at which holders of 28,025,417 shares of common stock or 47.96% of the total outstanding shares eligible to vote as of the record date were present in person or by proxy. The three matters identified below were submitted to a vote of the shareholders. Each proposal is more fully described in Solitario's definitive proxy statement filed with the Securities and Exchange Commission dated April 28, 2021.

1. Election of Directors. Six directors were elected to serve until the next Annual Meeting of Shareholders or until their successors are elected and qualified, with each director receiving the votes (and percentage of shares voting, excluding broker non-votes) below:

	Shares voted
Name	For (%)						Against			Withheld	Broker Non-Votes
Brian Labadie	15,633,598 (93.82)						801,395			230,060	11,360,364
John Labate	15,759,540 (94.57)						717,578			187,935	11,360,364
James Hesketh	14,731,336 (88.40)						824,704			1,109,013	11,360,364
Christopher E. Herald	15,420,769 (92.54)						148,397			1,095,887	11,360,364
Gil Atzmon	14,738,201 (88.44)						819,712			1,107,139	11,360,364
Joshua D. Crumb	14,655,364 (87.95)						814,657			1,195,032	11,360,364

2. Advisory Vote on Executive Compensation. The shareholders approved the compensation of Solitario's named executive officers with 16,406,401 shares voting for (98.45% of shares voting ), 258,651 shares voting against, and 11,360,364 broker non-votes.

"RESOLVED THAT : Solitario shareholders approve the compensation of Solitario's named executive officers, as disclosed in the Company's proxy statement, dated April 28, 2021, pursuant to the compensation disclosure rules of the Securities and Exchange Commission set forth in Item 402 of Regulation S-K, including, but not limited to, the Compensation Discussion and Analysis, the compensation tables, and any related material disclosed in the proxy statement for the 2021 annual meeting."

3. Appointment of Auditors. The appointment of Plante Moran PLLC as Solitario's auditors for fiscal year 2021 was ratified with 27,893,479 shares voting for (99.53% of shares voting) , 48,756 shares voting against, 83,181 shares voting to abstain, and one broker non-votes.

About Solitario
Solitario is an emerging zinc exploration and development company traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). Solitario holds 50% joint venture interest in the high-grade, open-pittable Lik zinc deposit in Alaska and a 39% joint venture interest (Nexa Resources holds the remaining 61% interest) on the high-grade Florida Canyon zinc project in Peru. Solitario recently acquired the early-stage Gold Coin property in Arizona that has potential to host gold mineralization. Solitario's Management and Directors hold approximately 9.6% (excluding options) of the Company's 58.4 million shares outstanding. Solitario's cash balance and marketable securities stand at approximately US$7.6 million. Additional information about Solitario is available online at www.solitariozinc.com.

FOR MORE INFORMATION CONTACT:

Valerie Kimball
Director - Investor Relations
720-933-1150
(800) 229-6827

Christopher E. Herald
President & CEO
(303) 534-1030, Ext. 14

SOURCE: Solitario Zinc Corp.

View source version on accesswire.com:
https://www.accesswire.com/651344/Voting-Results-of-Solitario-Annual-Meeting-Held-June-10-2021

FAQ

What were the results of Solitario Zinc Corp.'s Annual General Meeting on June 10, 2021?

The meeting resulted in the election of six directors, approval of executive compensation with 98.45% support, and ratification of auditors with 99.53% approval.

How many shares were present at the Solitario Zinc Corp. Annual Meeting?

28,025,417 shares, representing 47.96% of total outstanding shares, were present at the meeting.

What is the current cash position of Solitario Zinc Corp.?

Solitario has a cash balance and marketable securities totaling approximately US$7.6 million.

Who are the directors elected during Solitario Zinc Corp.'s Annual Meeting?

Six directors were elected, including John Labate and Brian Labadie, with approval rates ranging from 87.95% to 94.57%.

What is the significance of the votes at Solitario Zinc Corp.'s Annual Meeting?

The high voter turnout and strong approval rates for directors and compensation indicate significant shareholder engagement and confidence in the company's leadership.