TORONTO--(BUSINESS WIRE)--Toachi Mining Inc. (“Toachi” or the “Company”) (TSX-V: TIM) (OTCQB: TIMGF) has released the voting results from its Annual General Meeting held Thursday January 31, 2019, in Toronto, Ontario, in accordance with Toronto Stock Venture Exchange requirements.
A total of 43,172,360 common shares were voted at the meeting representing 53.19% of the issued and outstanding shares. Prior to the meeting, shareholders voted in favour of the appointment of UHY McGovern Hurley LLP as Auditors of the Company and the election of all director nominees as shown in the table below.
|
Director |
|
Percentage of votes in favour |
|||||
| Alain Bureau | 100% | ||||||
| Jonathan Goodman |
|
99.36% |
|||||
| Laurence Curtis |
|
100% |
|||||
| Peter Nixon | 100% | ||||||
| Carolina Vargas | 99.36% | ||||||
| Eberhard Scherkus |
|
100% |
In addition, at the Meeting, the shareholders also (i) Confirmed the Company’s Stock Option Plan; and ii) Confirmed the Articles of Amendment, all as further set forth in the Circular of the Company dated December 21, 2018 (the “Circular”). Further details of the matters considered and approved at the Meeting are contained in the Circular, which is available on SEDAR at www.sedar.com.
PDAC 2019
On behalf of Alain Bureau and the Toachi Mining
team, we welcome you to attend the 2019 Investor Exchange at PDAC, Booth
#3017. It is being held at the Metro Toronto Convention Centre, South
Building from Sunday March 3 to Wednesday March 6, 2019.
Toachi and its Ecuador mining peers, along with members of the Ecuadorian government will host Ecuador Day on Sunday March 3rd, 2019. Toachi will also be presenting during the event on the advances of its La Plata project. Further details will be available during the upcoming weeks on our website at www.toachimining.com.
About Toachi Mining Inc.
Toachi brings a disciplined and
veteran team of project managers together with one of the industry’s
highest grade projects at La Plata in Ecuador. Toachi is focused on and
committed to the development of advanced stage mineral projects
throughout the Americas using industry best practices combined with a
strong social license from local communities. Toachi Mining has
81,166,435 shares issued and outstanding.
Forward Looking Statements
Certain statements contained
in this news release may constitute “forward-looking information” as
such term is used in applicable Canadian securities laws.
Forward-looking information is based on plans, expectations and
estimates of management at the date the information is provided and is
subject to certain factors and assumptions, including, that the
Company’s financial condition and development plans do not change as a
result of unforeseen events and that the Company obtains regulatory
approval. Forward-looking information is subject to a variety of risks
and uncertainties and other factors that could cause plans, estimates
and actual results to vary materially from those projected in such
forward-looking information. Factors that could cause the
forward-looking information in this news release to change or to be
inaccurate include, but are not limited to, the risk that any of the
assumptions referred to prove not to be valid or reliable, that
occurrences such as those referred to above are realized and result in
delays, or cessation in planned work, that the Company’s financial
condition and development plans change, and delays in regulatory
approval, as well as the other risks and uncertainties applicable to the
Company as set forth in the Company’s continuous disclosure filings
filed under the Company’s profile at www.sedar.com.
The Company undertakes no obligation to update these forward-looking
statements, other than as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
