VANCOUVER, BC, June 10,
2022 /PRNewswire/ - Copper Mountain Mining
Corporation (TSX: CMMC) (ASX: C6C) (the "Company" or "Copper
Mountain") announces results of the Company's annual general and
special meeting of shareholders (the "Meeting") held on
June 9, 2022. A total of
97,429,489 common shares were voted at the Meeting, representing
approximately 46.12% of the total issued and outstanding common
shares of the Company.
The results for the items voted at the Meeting are as
follows:
Number of Directors
|
Votes For
|
% For
|
Votes Against
|
% Against
|
Set the number of
directors at eight
|
96,352,569
|
98.89%
|
1,076,920
|
1.11%
|
Election of
Directors
|
Votes
For
|
% For
|
Votes
Withheld
|
%
Withheld
|
Michele
Buchignani
|
85,270,123
|
97.64%
|
2,063,464
|
2.36%
|
Gilmour
Clausen
|
85,611,259
|
98.03%
|
1,722,328
|
1.97%
|
Edward
Dowling
|
85,407,305
|
97.79%
|
1,926,282
|
2.21%
|
M. Stephen
Enders
|
85,406,513
|
97.79%
|
1,927,074
|
2.21%
|
Jeane Hull
|
85,344,248
|
97.72%
|
1,989,339
|
2.28%
|
Paula Rogers
|
85,219,395
|
97.58%
|
2,114,192
|
2.42%
|
Peter
Sullivan
|
82,206,703
|
94.13%
|
5,126,884
|
5.87%
|
William
Washington
|
83,561,372
|
95.68%
|
3,772,215
|
4.32%
|
The Company reports shareholders reappointed
PricewaterhouseCoopers LLP, Chartered Professional Accountants, as
the auditor of the Company for the ensuing year and authorized the
directors to fix their remuneration.
|
Votes
For
|
% For
|
Votes
Against
|
%
Against
|
Appointment of
PricewaterhouseCoopers LLP
|
96,870,562
|
99.43%
|
558,927
|
0.57%
|
The Company's shareholders voted for the Company's non-binding
advisory vote on executive compensation ("Say on Pay").
|
Votes
For
|
% For
|
Votes
Against
|
%
Against
|
Approval of advisory
vote on compensation
|
72,573,998
|
83.10%
|
14,759,589
|
16.90%
|
The Company's shareholders voted for the Company's 2022
long-term incentive plan.
|
Votes
For
|
% For
|
Votes
Against
|
%
Against
|
Approval of 2022
long-term incentive plan
|
82,135,241
|
94.05%
|
5,198,346
|
5.95%
|
About Copper Mountain Mining
Corporation
Copper Mountain's flagship asset is the 75% owned Copper
Mountain Mine located in southern British
Columbia near the town of Princeton. The Copper Mountain Mine currently
produces approximately 100 million pounds of copper equivalent per
year. Copper Mountain also has the 100% owned
development-stage Eva Copper Project, which is expected add
approximately 100 million pounds of copper annually, in
Queensland, Australia and an
extensive 2,100 km2 highly prospective land package in
the Mount Isa area. Copper Mountain trades on the Toronto Stock
Exchange under the symbol "CMMC" and Australian Stock Exchange
under the symbol "C6C".
Additional information is available on the Company's web page at
www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
"Gil
Clausen"
Gil Clausen, P.Eng.
President and Chief Executive Officer
Website: www.CuMtn.com
Cautionary Note Regarding
Forward-Looking Statements
This news release may contain forward-looking statements and
forward-looking information (together, "forward-looking
statements") within the meaning of applicable securities
laws. All statements, other than statements of historical
facts, are forward-looking statements. Generally,
forward-looking statements can be identified by the use of
terminology such as "plans", "expects", "estimates", "intends",
"anticipates", "believes" or variations of such words, or
statements that certain actions, events or results "may", "could",
"would", "might", "occur" or "be achieved". In this news release,
certain forward-looking statements are identified, including the
anticipated production at the Copper Mountain Mine and the Eva
Copper Project. Forward-looking statements involve risks,
uncertainties and other factors that could cause actual results,
performance and opportunities to differ materially from those
implied by such forward-looking statements. Factors that
could cause actual results to differ materially from these
forward-looking statements include the risks set out in Copper
Mountain's public documents, including in each management's
discussion and analysis, filed on SEDAR at www.sedar.com.
Although Copper Mountain believes that the information and
assumptions used in preparing the forward-looking statements are
reasonable, undue reliance should not be placed on these
statements, which only apply as of the date of this news release,
and no assurance can be given that such events will occur in the
disclosed time frames or at all. Except where required by
applicable law, Copper Mountain disclaims any intention or
obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or
otherwise.
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SOURCE Copper Mountain Mining Corporation