Montreal, June 21, 2024 (GLOBE NEWSWIRE) — Aya Gold and Silver Company (TSX: AYA, OTCQX: AYASF) (Aya or the Corporation) is pleased to announce that all of the nominees listed in the management proxy circular have been elected as directors of Aya at the annual general meeting of shareholders (AGM) held today.
A total of 56,932,471 ordinary shares or 48.92% of Aya's ordinary shares issued and outstanding on the record date were represented in person or by proxy at the AGM.
The detailed results are as follows:
| Nominated director | votes for | % of votes for | Votes against | Percentage of votes against |
| Eve puppy | 63,197,505 | 96.78% | 2,102,044 | 3.22% |
| Ghaslan Kadera Bannouna | 65,277,972 | 99.97% | 21,578 | 0.03% |
| doctor. Jürgen Hambrecht | 63,050,646 | 96.56% | 2,248,903 | 3.44% |
| Annie Turkia Lagasse | 64,998,413 | 99.54% | 301,137 | 0.46% |
| Benoit La Salle | 60,105,559 | 92.05% | 5,193,991 | 7.95% |
| Eloise Martin | 63,200,149 | 96.78% | 2,099,400 | 3.22% |
| Nikolaos Sofronis | 65,002,680 | 99.55% | 296,870 | 0.45% |
| Robert Taub | 65,001,645 | 99.54% | 297,905 | 0.46% |
The decision to appoint KPMG LLP as the company’s auditor for the following year was approved and the members of the Board of Directors were authorized to determine their fees:
Votes for: 67,464,458 (99.95%)
Blocked votes: 35,380 (0.05%)
The Resolution approving the Amended Stock Option Plan and all unallocated stock options under this Plan have been approved:
Votes for: 49,984,940 (76.55%)
Votes against: 15,314,610 (23.45%)
The proposal to approve the amended restricted stock unit plan and all restricted stock units not allocated under this plan was approved:
Votes for: 64,621,158 (98.96%)
Votes against: 678,391 (1.04%)
The Resolution approving the amended Deferred Stock Unit Plan and all deferred stock units not allocated under this plan was approved:
Votes for: 46,540,322 (71.27%)
Votes against: 18,759,227 (28.73%)
Finally, a non-binding advisory resolution on executive compensation was approved:
Votes for: 62,892,118 (96.31%)
Votes against: 2,407,432 (3.69%)
About Aya Gold and Silver Company
Aya Gold and Silver Company is a fast-growing silver producer based in Canada with operations in the Kingdom of Morocco.
Aya, the only pure silver miner listed on the TSX, operates the high-grade Zgounder silver mine and explores its properties along the potential South Atlas Fault, many of which have hosted past producing mines and historic resources. Aya's mining assets in Morocco are complemented by its Tigerite gold project in Mauritania, which is being developed until it is ready for implementation.
Aya's management team has focused on maximizing shareholder value by embedding sustainability at the heart of its operations, governance and financial growth plans.
For more information, please visit Aya's website www.ayagoldsilver.com.
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| Benoit LaSalle, FCPA, MBA President and CEO Benoit.lasalle@ayagoldsilver.com |
Alex Paul (NYSE:) Vice President of Corporate Development and Investor Relations alex.ball@ayagoldsilver.com |
Forward-looking statements
This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws (forward-looking statements), which reflect management's expectations regarding Aya's future growth and prospects for its business (including the timing and development of new deposits and the success of exploration activities) and other opportunities. . Where applicable, words such as plans, expectations, potentials or similar expressions or expressions have been used to the effect that certain actions, events or results may, could, could or may be taken or are likely to be taken, occur or be achieved, have been used. Use it in order to identify such forward-looking information. Although the forward-looking information contained in this press release reflects management's current beliefs based on information currently available to management and based on what management believes to be reasonable assumptions, Aya can give no assurance that actual results will be consistent with such forward-looking information. These forward-looking statements are based on assumptions, opinions and analyzes made by management in light of its experience, current conditions and expectations of future developments that management believes are reasonable and relevant but which may prove to be incorrect. These assumptions include, among other things, the ability to obtain any required government approvals, obtain regulatory permits to work on site, import goods, machinery and work permits, and the accuracy of mineral reserves and mineral resource estimates (including, but not limited to, Ore tonnage and ore grade estimates), the price of silver, gold, zinc, and lead, exchange rates, fuel and energy costs, future economic conditions, expected future estimates of free cash flow, and courses of action. Aya cautions you not to place undue reliance on any such forward-looking statements.
Risks and uncertainties that may affect forward-looking statements include, among others: risks inherent in the exploration and development of mineral properties, including governmental approvals and permits, changes in economic conditions, changes in the global price of gold and silver and other key factors. Inputs and changes in mine plans (including, but not limited to, the impact of productivity and recoveries on mineral properties) and other factors, such as delays in project implementation, many of which are beyond Aya's control, as well as other risks and uncertainties which are more fully described in Aya's 2023 Annual Information Form dated March 28, 2024, and in Aya's other filings with securities and regulatory authorities are available on SEDAR+ at www.sedarplus.ca. Aya undertakes no obligation to update forward-looking statements if assumptions regarding such plans, estimates, expectations, beliefs and opinions change. Nothing herein should be construed as an offer to sell or a solicitation to buy or sell Aya securities. All references to Aya include its subsidiaries unless the context requires otherwise.
Source: Aya Gold and Silver Company
