Web Site: www.CuMtn.com
TSX: CUM
VANCOUVER, June 23, 2016 /CNW/ - As required by the Toronto
Stock Exchange, the following sets forth the voting at the Annual
General Meeting of the Shareholders of Copper Mountain Mining
Corporation (TSX: CUM) (the "Company" or "Copper Mountain")
held on June 15, 2016 in Vancouver, British Columbia on the election of
directors. A total of approximately 33,664,720 common shares
(28.34% of the outstanding common shares) were represented in
person or by proxy at the meeting.
The following seven nominees were elected as Directors of the
Company, by ballot, to serve until the next annual meeting of the
shareholders of the Company, or until the successors are elected or
appointed. Detailed results of the vote for the election of
directors are set out below.
Name of
Nominee
|
Votes
For
|
%For
|
Votes
Withheld
|
%
Withheld
|
James
O'Rourke
|
30,454,880
|
99.83
|
52,236
|
0.17
|
Rodney
Shier
|
24,539,882
|
80.44
|
5,967,234
|
19.56
|
John
Tapics
|
30,386,210
|
99.60
|
120,906
|
0.40
|
Marin
Katusa
|
30,003,810
|
98.35
|
503,306
|
1.65
|
Carl
Renzoni
|
30,317,210
|
99.38
|
189,906
|
0.62
|
Al Cloke
|
29,861,410
|
97.88
|
645,706
|
2.12
|
Bruce
Aunger
|
30,008,099
|
98.36
|
499,017
|
1.64
|
PricewaterhouseCoopers LLP were re-appointed auditors of the
Company with a 99.79 % vote of approval. The Advisory Note on
Executive Compensation was also passed with a 61.81% vote of
approval.
During the Annual General Meeting, Mr. O'Rourke provided an
updated presentation of the company's 2015 and 2016 cost reduction
and production achievements and fielded questions.
About Copper Mountain Mining Corporation:
Copper Mountain's flagship asset is the Copper Mountain mine
located in southern British
Columbia near the town of Princeton. The Company has a strategic
alliance with Mitsubishi Materials Corporation who owns 25% of the
mine. The Copper Mountain mine commenced production in the summer
of 2011 and has continued to improve its operations since
startup. The 18,000 acre site has a large resource of copper
that remains open laterally and at depth. The mine has significant
exploration potential that will need to be explored over the next
few years to fully appreciate the properties full development
potential. Additional information is available on the
Company's web site at www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
"Rod Shier"
Rod Shier, CA
Chief Financial Officer
Note: This release contains forward-looking statements that
involve risks and uncertainties. These statements may differ
materially from actual future events or results. Readers are
referred to the documents, filed by the Company on SEDAR at
www.sedar.com, specifically the most recent reports which identify
important risk factors that could cause actual results to differ
from those contained in the forward-looking statements. The Company
undertakes no obligation to review or confirm analysts'
expectations or estimates or to release publicly any revisions to
any forward-looking statement.
SOURCE Copper Mountain Mining Corporation