EX-99.1 2 ex991.htm NEWS RELEASE DATED MAY 12, 2016

Exhibit 99.1

 

 

Pan American Silver announces results of annual general and special shareholders meeting

VANCOUVER, May 12, 2016 /CNW/ - Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) (the "Company") is pleased to announce the voting results from its annual general and special meeting of shareholders held on Wednesday, May 11, 2016, in Vancouver, British Columbia.

A total of 106,751,287 shares were represented at the meeting, being 70.23% 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, 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, and the election of management's nominees as directors. 

 

Director Voting    
     
Director Nominee Votes For Votes Withheld
Ross J. Beaty 75,083,341 (99.21%) 594,366 (0.79%)
Michael L. Carroll 75,149,035 (99.30%) 528,672 (0.70%)
Christopher Noel Dunn 74,203,256 (98.05%) 1,474,451 (1.95%)
Neil de Gelder 74,960,972 (99.05%) 716,735 (0.95%)
David C. Press 74,540,062 (98.50%) 1,137,645 (1.50%)
Walter Segsworth 74,402,786 (98.32%) 1,274,921 (1.68%)
Michael Steinmann 75,127,236 (99.27%) 550,471 (0.73%)
Gillian D. Winckler 75,092,915 (99.23%) 584,792 (0.77%)
     
     
Say-on-Pay Voting    
     
Resolution Votes For Votes Against
Advisory resolution approving the
Company's approach to executive
compensation
71,098,852 (93.71%) 4,770,196 (6.29%)
     

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.

 

%CIK: 0000771992

For further information: INFORMATION CONTACT, Kettina Cordero, Manager, Investor Relations, (604) 684-1175, ir@panamericansilver.com, www.panamericansilver.com

CO: Pan American Silver Corp.

CNW 12:15e 12-MAY-16