Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE, “Avino” or “the Company”) is pleased to report that at the Annual General and Special Meeting of shareholders of the Company held on May 24, 2018, all resolutions proposed to shareholders were duly passed. 24,087,684 common shares of the Company, representing approximately 45.62% of the Company’s issued and outstanding common shares as at the record date, were voted.
The following briefly describes the matters voted upon and the outcome of the votes at the meeting:
- Setting the Number of Directors at Five
According to proxies received and a vote conducted by a show of hands, the resolution regarding the setting of the number of Directors at five was passed as follows:
- Election of Directors
According to proxies received and a vote conducted by a show of hands, the following directors were elected to the board of directors of the Company as follows:
- Appointment and Remuneration of Auditors
According to proxies received and a vote conducted by a show of hands, the resolution regarding the appointment and remuneration of Manning Elliott LLP as the Company’s auditors was passed as follows:
- Approval of the 2018 10% Rolling Stock Option Plan
According to proxies received and votes conducted by a show of hands, the ordinary resolutions of shareholders regarding the approval of the 2018 10% Rolling Stock Option Plan were passed by a majority of shareholders as follows.
- Approval of the 2018 Restricted Share Unit Plan
According to proxies received and votes conducted by a show of hands, the ordinary resolutions of shareholders regarding the approval of the 2018 Restricted Share Unit Plan were passed by a majority of shareholders as follows.
The Board of Directors appreciate the support of our shareholders.
Avino is a silver and gold producer with a diversified pipeline of gold, silver and base metals properties in Mexico and Canada employing close to 600 people, and has created over 1,600 indirect jobs in Mexico. Avino produces from its wholly owned Avino and San Gonzalo Mines near Durango, Mexico, and is currently planning for future production at the Bralorne Gold Mine in British Columbia, Canada. The Company’s gold and silver production remains unhedged. The Company’s mission and strategy is to create shareholder value through its focus on profitable organic growth at the historic Avino Property near Durango, Mexico, and the strategic acquisition of mineral exploration and mining properties. Avino is committed to managing all business activities in an environmentally responsible and cost-effective manner, while contributing to the well-being of the communities in which we operate.
On Behalf of the Board
President & CEO
Avino Silver & Gold Mines Ltd.
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