VANCOUVER, May 13, 2020 /CNW/ - ORLA MINING
LTD. (TSX: OLA) ("Orla" or the "Company") is pleased to
announce the voting results for the election of its Board of
Directors, which took place at the Company's Annual and Special
Meeting of Shareholders ("AGM") held today. All nominees as set
forth in the Company's management information circular dated
April 2, 2020 ("Circular") were
elected as directors of Orla at the AGM. Detailed results of
the votes are set out below:
Nominee
|
Votes
For
|
%
|
Votes
Withheld
|
%
|
Charles
Jeannes
|
136,511,550
|
98.82%
|
1,625,927
|
1.18%
|
Richard
Hall
|
138,114,081
|
99.98%
|
23,396
|
0.02%
|
Jason
Simpson
|
136,584,999
|
98.88%
|
1,552,478
|
1.12%
|
Jean
Robitaille
|
136,511,550
|
98.82%
|
1,625,927
|
1.18%
|
George
Albino
|
138,116,681
|
99.98%
|
20,796
|
0.02%
|
Tim
Haldane
|
138,117,281
|
99.99%
|
20,196
|
0.01%
|
David
Stephens
|
136,508,750
|
98.82%
|
1,628,727
|
1.18%
|
Elizabeth
McGregor
|
136,536,682
|
98.84%
|
1,600,795
|
1.16%
|
The shareholders also approved: (1) to appoint Ernst & Young
LLP as auditor of the Corporation for the ensuing year and
authorize the board of directors to fix the remuneration of the
auditor; (2) adoption of a new Restricted Share Unit ("RSU")
Plan. Results of the shareholder votes on these items are set
forth below:
|
Outcome of
Vote
|
Votes
For
|
%
|
Withheld/
Against
|
%
|
Appointment of
Auditors
|
Carried
|
143,448,816
|
99.99%
|
12,000
|
0.01%
|
Adoption of RSU
Plan
|
Carried
|
130,171,677
|
94.23%
|
7,965,800
|
5.77%
|
About Orla Mining Ltd.
Orla is developing the Camino Rojo Oxide Gold Project, an
advanced gold and silver open-pit and heap leach project, located
in Zacatecas State, Central
Mexico. The project is 100% owned by Orla and covers over
160,000 hectares. The technical report entitled "Feasibility Study,
NI 43-101 Technical Report on the Camino Rojo Gold Project —
Municipality of Mazapil, Zacatecas,
Mexico" dated June 25, 2019 is
available on SEDAR under the Company's profile as well as on Orla's
website at www.orlamining.com. Orla also owns 100% of the
Cerro Quema Project located in Panama which includes a near-term gold
production scenario and various exploration targets. The Cerro
Quema Project is a proposed open pit mine and gold heap leach
operation. Please refer to the "Cerro Quema Project -
Pre-feasibility Study on the La Pava and Quemita Oxide Gold
Deposits" dated August 15, 2014,
which is available on SEDAR.
SOURCE Orla Mining Ltd.