Vancouver, May 10, 2018 /CNW/ - Pan American Silver
Corp. (NASDAQ: PAAS; TSX: PAAS) (the "Company") reported the voting results from its annual general and special meeting
of shareholders held May 9, 2018 in Vancouver, British Columbia
(the "Meeting"). Each of the matters voted upon at the Meeting is described in detail in the Company's Management Information
Circular dated April 4, 2018, which is available on the Company's website at www.panamericansilver.com.
A total of 112,896,150 common shares were represented at the meeting, being 73.64% of the Company's issued and outstanding
common shares. Shareholders voted in favour of all matters brought before the meeting, including the appointment of
auditors for the ensuing year, the authorization of the directors to fix the remuneration payable to the auditors, the acceptance
of the Company's approach to executive compensation, otherwise known as say-on-pay, and the election of management's nominees as
directors.
Election of Directors
|
Director Nominee
|
Votes For
|
Votes Withheld
|
|
Ross J. Beaty
|
74,792,224 (95.14%)
|
3,824,484 (4.86%)
|
|
Michael L. Carroll
|
78,328,860 (99.63%)
|
287,848 (0.37%)
|
|
Neil de Gelder
|
74,938,975 (95.32%)
|
3,677,733 (4.68%)
|
|
David C. Press
|
77,461,008 (98.53%)
|
1,155,700 (1.47%)
|
|
Walter T. Segsworth
|
73,366,568 (93.32%)
|
5,250,140 (6.68%)
|
|
Michael Steinmann
|
74,982,245 (95.38%)
|
3,634,463 (4.62%)
|
|
Gillian D. Winckler
|
74,266,312 (94.47%)
|
4,350,396 (5.53%)
|
Mr. Noel Dunn did not stand for re-election to the Company's Board of Directors in 2018 in
order to dedicate his leadership to the role of Executive Chair and Director of Ero Copper.
"On behalf of Pan American's Board and management, I would like to thank Mr. Dunn for his contributions to the stewardship of
the Company over the past six years. His knowledge and experience with capital markets were a great benefit to the Company," said
Ross Beaty, Chair of the Board of Directors. "We wish Noel much success with his new venture."
Say-on-Pay
|
Resolution
|
Votes For
|
Votes Against
|
|
Advisory resolution approving the Company's
approach to executive compensation
|
75,589,867 (96.15%)
|
3,026,832 (3.85%)
|
About Pan American Silver
Pan American Silver Corp. is the world's second largest primary silver producer, providing enhanced exposure to silver
through a diversified portfolio of assets, large silver reserves and growing production. We own and operate six mines in
Mexico, Peru, Argentina and
Bolivia. Pan American maintains a strong balance sheet, has an established management team with
proven operating expertise, and is committed to responsible development. Founded in 1994, the Company is headquartered in
Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol
"PAAS".
For more information, visit: www.panamericansilver.com.
View original content:http://www.prnewswire.com/news-releases/pan-american-silver-announces-results-of-annual-general-and-special-shareholders-meeting-300646862.html
SOURCE Pan American Silver Corp.
View original content: http://www.newswire.ca/en/releases/archive/May2018/10/c4496.html