Silver Bear Provides Shareholder Meeting Results

    Author Mining News DailyPosted on Categories Development Silver Companies, Latest NewsTags , ,

    TORONTO, Sept. 30, 2020 (GLOBE NEWSWIRE) — Silver Bear Resources Plc (“Silver Bear” or the “Company”) (TSX: SBR) announces the voting results of its annual general and special meeting (the “Meeting”) held today in Moscow, Russia. A total of 591,702,964 ordinary shares were voted in connection with the Meeting, representing approximately 87.9% of the issued and outstanding ordinary shares of the Company eligible to vote at the Meeting. The results of all matters considered at the Meeting are reported in the Report of Voting Results as filed by the Company on SEDAR at www.sedar.com.


    Matter Voted On
    Votes F


    OR
    Votes



    WITHHELD / AGAINST
    Non-Votes

    Number
         		%
    Number
         		%

    All resolutions were passed unanimously on a show of hands.


    Proxies were lodged for the resolutions as follows:


    Ordinary Resolution 1 –


    Receiving the Financial Statements of the Corporation
         		586,957,905 99.99 40,110 0.01 4,704,949

    Ordinary Resolution 2 –


    Appointing Auditors
         		591,644,188 99.99 58,776 0.01 0

    Ordinary Resolution 3 –


    Approving Auditors’ Remuneration
         		586,950,053 99.99 47,962 0.01 4,704,949

    Ordinary Resolution 4


    –


    Re-e


    lecting Maxim Matveev as a director of the Corporation
         		586,920,772 99.99 77,243 0.01 4,704,949

    Ordinary Resolution 5 –


    Re-electing Dominic Gualtieri as a director of the Corporation
         		586,914,920 99.99 83,095 0.01 4,704,949

    Ordinary Resolution 6 –


    Re-electing Vadim Ilchuk as a director of the Corporation
         		586,940,220 99.99 57,795 0.01 4,704,949

    Ordinary Resolution 7 –


    Re-electing Alexey Sotskov as a director of the Corporation
         		586,946,072 99.99 51,943 0.01 4,704,949

    Ordinary Resolution 8 –


    Re-electing Christopher Westdal as a director of the Corporation
         		586,925,772 99.99 72,243 0.01 4,704,949

    Ordinary Resolution 9 –


    Authorising


    the allotment of shares of the Corporation
         		586,921,105 99.99 76,910 0.01 4,704,949

    Ordinary


    Resolution 1


    0


    –


    Re-approving the Stock Option Plan
         		586,917,905 99.99 80,110 0.01 4,704,949

    Special Resolution 1


    1


    –


    Appro


    ving the disapplication of pre-emptive r


    ights
         		586,903,405 99.98 94,610 0.02 4,704,949


    About Silver Bear

    Silver Bear (TSX: SBR) is focused on the development of its wholly-owned Mangazeisky Silver Project, covering a licence area of approximately 570 km

    2

    that includes the high-grade Vertikalny deposit (amongst the highest- grade silver deposits in the world), located 400 km north of Yakutsk in the Republic of Sakha within the Russian Federation. As of April 2018, the Company attained first silver production as a result of commissioning activities, at this time the Company is working toward achieving full commercial production in 2019. Other information relating to Silver Bear is available on SEDAR at www.sedar.com as well as on the Company’s website at www.silverbearresources.com.


    CONTACT INFORMATION:

    Vadim Ilchuk

    President and Chief Executive Officer

    T: +7 985 866 8877


    [email protected]
         		Judith Webster

    Investor Relations Manager & Corporate Secretary

    T:  +416 453 8818

    [email protected]


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    GlobeNewswire
    September 30, 2020 – 12:33 PM PDT