Silvercorp Metals Inc. Announces Successful AGM Voting Outcomes
Silvercorp Metals Inc. AGM Highlights
Silvercorp Metals Inc. (TSX: SVM) successfully held its annual general meeting, where shareholders approved all items on the agenda. This approval reflects strong confidence from investors in the company's direction and strategy.
Voting and Shareholder Engagement
During the meeting, a total of 108,216,233 common shares, accounting for 49.50% of all outstanding shares, were represented. This level of participation demonstrates a robust interest among the shareholders, supporting various corporate initiatives intended to drive growth.
Director Elections Results
The voting outcomes for the election of directors were overwhelmingly positive. Notable results include:
Director Election Statistics
Dr. Rui Feng received 72,449,788 votes in favor, translating into 86.85% approval, with 10,967,601 votes withheld.
Paul Simpson secured 69,257,640 votes for an 83.03% approval rate, with 14,159,749 votes withheld.
Yikang Liu garnered 72,679,602 votes in favor, achieving 87.13% with 10,737,787 votes against.
Marina Katusa received 72,317,897 votes, marking 86.69% approval alongside 11,099,492 votes withheld.
Ken Robertson led with a striking 98.52% approval, totaling 82,186,838 votes for, and only 1,230,551 against.
Helen Cai also performed well, securing 82,666,643 votes, representing 99.10% of voter support.
Re-approval of Key Initiatives
Additionally, shareholders re-approved the share-based compensation plan and the re-appointment of Deloitte LLP as auditors, ensuring the continuity of expert oversight of the company’s operations.
Where to Find More Information
Final voting results for all matters addressed during the AGM will be available through SEDAR+ and on the Company's website. For further insights into Silvercorp's operations and plans, you can visit their official site.
About Silvercorp Metals Inc.
Silvercorp is a Canadian mining company that is focused on producing silver, gold, lead, and zinc. The company has a strong record of profitability and is dedicated to creating long-term value for shareholders through responsible mining practices. Its strategies include generating free cash flow from long-life mines, exploring for new resources through drilling, engaging in mergers and acquisitions to enhance value, and committing to environmental sustainability and corporate responsibility.
Contact Information
For more information, please reach out to:
Silvercorp Metals Inc.
Lon Shaver
President
Phone: (604) 669-9397
Toll Free: 1(888) 224-1881
Email: investor@silvercorp.ca
Website: www.silvercorpmetals.com
Frequently Asked Questions
What is the purpose of the AGM?
The AGM is a platform for shareholders to discuss the company’s performance and future directions, and vote on key matters.
How was shareholder participation at the AGM?
Shareholder participation was notable with 49.50% of outstanding shares represented at the AGM.
What were the key results from the AGM voting?
All matters proposed, including director elections and the compensation plan, were approved by shareholders.
Where can I find more details on the AGM results?
Additional details can be found on SEDAR+, EDGAR, and the company’s official website.
How does Silvercorp prioritize shareholder value?
Silvercorp focuses on generating cash flow, organic growth, and sustainable practices to enhance shareholder value.
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