VANCOUVER, May 12, 2015 /CNW/ - Pan American Silver
Corp. (NASDAQ: PAAS; TSX: PAA) ("Pan American", or the
"Company") is pleased to announce the voting results from its
annual general and special meeting of shareholders held on
Monday, May 11, 2015 in Vancouver, British Columbia.
A total of 108,494,058 shares were represented at the
meeting, being 71.55% 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 and 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, the amendments to the Company's 2010 Stock Option and
Compensation Share Plan, and the election of management's nominees
as directors.
Director Voting
Detailed results of the vote for the election of directors are
provided below:
Director
Nominee
|
Votes
For
|
Votes
Withheld
|
Ross J.
Beaty
|
68,979,650 (94.37%)
|
4,115,332 (5.63%)
|
Geoffrey A.
Burns
|
72,104,141 (98.64%)
|
990,891 (1.36%)
|
Michael
Carroll
|
72,091,255 (98.63%)
|
1,003,788 (1.37%)
|
Christopher Noel
Dunn
|
68,459,239 (93.66%)
|
4,635,743 (6.34%)
|
Neil de
Gelder
|
67,805,196 (92.76%)
|
5,289,847 (7.24%)
|
Davd C.
Press
|
71,956,718 (98.44%)
|
1,138,325 (1.56%)
|
Walter
Segsworth
|
72,082,890 (98.62%)
|
1,012,153 (1.38%)
|
Say-on-Pay Voting
Detailed results of the vote for the advisory resolution on the
Company's approach to executive compensation are provided
below:
Resolution
|
Votes
For
|
Votes
Against
|
Advisory resolution
approving the
Company's approach to
executive
compensation
|
69,912,650 (95.65%)
|
3,181,965 (4.35%)
|
Stock Option and Compensation Share Plan
Voting
Detailed results of the vote for the ordinary resolution to
amend the Company's 2010 Stock Option and Compensation Share Plan
provided below:
Resolution
|
Votes
For
|
Votes
Against
|
Ordinary resolution
to amend the
Company's 2010 Stock Option and
Compensation Share Plan
|
65,254,322 (89.27%)
|
7,840,291 (10.73%)
|
About Pan American Silver
Pan American Silver's mission is to be the world's pre-eminent
silver producer, with a reputation for excellence in discovery,
engineering, innovation and sustainable development. The
Company has seven operating mines in Mexico, Peru,
Argentina and Bolivia. Pan
American also owns several development projects in the USA, Mexico,
Peru and Argentina.
SOURCE Pan American Silver Corp.