TORONTO, ONTARIO--(Marketwired - June 9, 2016) - Torex Gold Resources Inc. (the "Company" or "Torex")
(TSX:TXG) announces the results of its 2016 annual and special meeting of shareholders (the "Meeting") held in Toronto, Ontario
on June 9, 2016. At the Meeting, all director nominees listed in the Company's management information circular dated May 2, 2016
were elected as directors of the Company. The detailed results of the vote by ballot are as follows:
| Director |
Vote Type |
Number of Votes |
Percentage of Votes |
| Fred Stanford |
For
Withheld |
588,791,959
216,272 |
99.96%
0.04% |
| Michael Murphy |
For
Withheld |
556,100,492
32,907,739 |
94.41%
5.59% |
| A. Terrance MacGibbon |
For
Withheld |
490,253,343
98,754,888 |
83.23%
16.77% |
| David Fennell |
For
Withheld |
416,271,466
172,736,765 |
70.67%
29.33% |
| James Crombie |
For
Withheld |
428,592,106
160,416,125 |
72.77%
27.23% |
| Frank Davis |
For
Withheld |
561,586,071
27,422,160 |
95.34%
4.66% |
| Andrew Adams |
For
Withheld |
588,366,769
641,462 |
99.89%
0.11% |
In addition, at the Meeting, shareholders: (a) reappointed KPMG LLP, Chartered Public Accountants, as auditors of the Company,
(b) approved an employee performance and restricted share unit plan, (c) ratified, confirmed and approved amendments to the
Company's incentive stock option plan, and (d) ratified, confirmed and approved amendments to the Company's restricted share unit
plan, and (e) approved a special resolution approving the amendment of the Company's articles to consolidate its issued and
outstanding common shares on the basis of one post consolidation common share for every ten pre-consolidation common shares.
The formal report on voting results with respect to all maters voted upon at the Meeting will be filed on SEDAR at www.sedar.com.
Torex is an emerging intermediate gold producer based in Canada, engaged in the exploration, development and exploitation of
its 100% owned Morelos Gold Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180
kilometers southwest of Mexico City. Within this property, Torex has the El Limon-Guajes (ELG) Mine, which started production in
December 2015, and the Media Luna Project, at an advanced stage of exploration, with a positive PEA completed in July of
2015. The property remains 75% unexplored.