[Ferro-Alloys.com]AZ Mining Inc. (AZ.TO) ("AZ Mining" or the "Company") reports the results from its 2015 annual general and special meeting of shareholders held on June 29 , 2015. Shareholders voted in favour of all items put forward by the Board of Directors and management.
Each of the nominees listed in AZ Mining's Management Information Circular dated May 27, 2015 was elected as a director. A summary of the results is as follows:
Name of Nominee |
Votes For |
% |
Votes Withheld/Abstain |
% |
Poonum Puri |
37,725,400 |
99.79 |
79,173 |
0.21 |
Donald R. Siemens |
37,340,155 |
98.77 |
464,418 |
1.23 |
Donald R. Taylor |
37,745,722 |
99.84 |
58,851 |
0.16 |
Robert P. Wares |
37,371,370 |
98.85 |
433,203 |
1.15 |
Richard W. Warke |
36,558,673 |
96.70 |
1,245,900 |
3.30 |
Shareholders also voted in favour of the appointment of PriceWaterhouseCoopers LLP, Chartered Accountants, as auditors of the Company for the ensuing year and authorized directors to fix their remuneration; certain amendments to the Company's stock option plan and all unallocated options thereunder; the cancellation of and grant of certain stock options; and the Company's advance notice policy.
About AZ Mining
AZ Mining is a Canadian mineral exploration company focused on the development of its 80% owned Hermosa property located in Santa Cruz County, Arizona . The Hermosa property currently has two distinct projects: Hermosa North West , a zinc-lead-silver carbonate replacement zone sulfide mineral exploration project; and Hermosa Central, a silver-manganese manto oxide development project. North West has a resource calculated in accordance with NI 43-101 and is currently being drilled to test the limits of that resource. The Company released the results of the first five holes of the current drill program on North West in May, 2015 that showed high grade zinc, lead and silver intercepts over significant thicknesses. Central's December 2013 prefeasibility study indicates it is expected to be one of the largest primary silver producers as well as the only electrolytic manganese metal producer in the USA at industry low cash costs. The pre-feasibility study estimates annual production of 5.7 million ounces of silver and 110 million pounds of electrolytic manganese metal (EMM) at average cash costs of $4.41 per silver ounce and $0.74 per EMM pound over an 18 year mine life.
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