Dundee Precious Metals Announces Voting Results From 2018 Annual General Meeting of Shareholders
May 4, 2018
TORONTO, May 04, 2018 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX:DPM) (the “Company” or “DPM”) is pleased to announce the voting results from its Annual General Meeting of shareholders which was held in Toronto, Ontario on Thursday, May 3, 2018. A total of 149,340,144 common shares were voted at the meeting, representing approximately 84% of the outstanding common shares. Shareholders voted in favour of all items of business before the meeting, as follows:
Election of Directors
The shareholders elected each of the nine nominees listed in the Company’s management information circular. Details of the voting results are set out below:
| Name | Votes in Favour | % For | Votes Withheld | % Withheld |
| R. Peter Gillin | 140,386,167 | 99.94 | 80,104 | 0.06 |
| Jonathan Goodman | 140,222,300 | 99.83 | 243,971 | 0.17 |
| Richard Howes | 140,382,247 | 99.94 | 84,024 | 0.06 |
| Jeremy Kinsman | 140,392,851 | 99.95 | 73,420 | 0.05 |
| Juanita Montalvo | 140,386,231 | 99.94 | 80,040 | 0.06 |
| Peter Nixon | 140,336,030 | 99.91 | 130,241 | 0.09 |
| Marie-Anne Tawil | 140,386,231 | 99.94 | 80,040 | 0.06 |
| Anthony P. Walsh | 140,391,827 | 99.95 | 74,444 | 0.05 |
| Donald Young | 140,399,327 | 99.95 | 66,944 | 0.05 |
Appointment of Auditors
PricewaterhouseCoopers LLP was appointed as auditors of the Company and the directors of the Company were authorized to fix the remuneration of the auditors. Details of the voting results are set out below:
| Total Votes | % of Votes Cast | |
| Votes in Favour | 149,200,183 | 99.91 |
| Votes Withheld | 139,961 | 0.09 |
| Total Votes Cast | 149,340,144 | 100 |
Advisory Say on Pay Vote
The advisory resolution was passed at the meeting, demonstrating significant shareholder support for the Company’s approach to compensation. Details of the voting results are set out below:
| Total Votes | % of Votes Cast | |
| Votes in Favour | 139,806,797 | 99.53 |
| Votes Against | 659,474 | 0.47 |
| Total Votes Cast | 140,466,271 | 100 |
About Dundee Precious Metals
Dundee Precious Metals Inc. is a Canadian based, international gold mining company engaged in the acquisition of mineral properties, exploration, development, mining and processing of precious metals. The Company's operating assets include the Chelopech operation, which produces a copper concentrate containing gold and silver and a pyrite concentrate containing gold, located east of Sofia, Bulgaria; and the Tsumeb smelter, a complex copper concentrate processing facility located in Namibia. DPM also holds interests in a number of developing gold and exploration properties located in Bulgaria, including the Krumovgrad gold project, which started construction in the fourth quarter of 2016 and is expected to commence production in the fourth quarter of 2018, Canada, Serbia and Armenia, and its 10.2% interest in Sabina Gold & Silver Corp.
For further information, please contact:
DUNDEE PRECIOUS METALS INC.
| Rick Howes President and Chief Executive Officer Tel: (416) 365-2836 moc.suoicerpeednud@sewohr |
| Janet Reid Manager, Investor Relations Tel: (416) 365-2549 moc.suoicerpeednud@dierj |
