Endeavour Mining Corporation

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Message: Endeavour Mining Announces Results of Annual General Meeting

 

 
2017-06-27 09:25:46 AM ET (Globe Newswire)
   
   

Endeavour Mining Announces Results of Annual General Meeting

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George Town, 27 June, 2017 - Endeavour Mining Corporation (TSX:EDV)(OTCQX:EDVMF) is pleased to announce that all the proposed resolutions at its Annual General Meeting of Shareholders held on Tuesday, June 27, 2017 were duly passed.

The results for each of the matters voted upon at the meeting are set out below:

 Resolution      VOTES                %                    VOTES                %
                                    FOR                  FOR                  WITHHELD             WITHHELD
Elect as a Director:                       
Michael Beckett                     60,835,585           98.94%               649,281              1.06%
Ian Cockerill                       61,342,971           99.77%               141,895              0.23%
Olivier Colom                       61,466,213           99.97%               18,653               0.03%
Livia Mahler                        61,467,224           99.97%               17,642               0.03%
Wayne McManus                       60,797,104           98.88%               687,762              1.12%
Sebastien de Montessus 61,170,072           99.49%               314,794              0.51%
Naguib Sawiris                      60,892,764           99.04%               592,102              0.96%
Appoint Deloitte LLP                63,876,958           99.28%               462,192              0.72%
Approve PSU Plan                    48,042,142           78.14%               13,442,724           21.86%

CONTACT INFORMATION

Martino De Ciccio

VP - Strategy & Investor Relations

+44 203 011 2719

mdeciccio@endeavourmining.com

ABOUT ENDEAVOUR MINING

Endeavour Mining is a TSX-listed intermediate gold producer, focused on developing a portfolio of high quality mines in the prolific West-African region, where it has established a solid operational and construction track record.

Endeavour is ideally positioned as the major pure West-African multi-operation gold mining company, operating 5 mines in Cote d'Ivoire (Agbaou and Ity), Burkina Faso (Karma), Mali (Tabakoto), and Ghana (Nzema). In 2017, it expects to produce between 600koz and 640koz at an AISC of US$860 to US$905/oz. Endeavour is currently building its Hounde project in Burkina Faso, which is expected to commence production in Q4-2017 and to become its flagship low-cost mine with an average annual production of 190koz at an AISC of US$709/oz over an initial 10-year mine life based on reserves. The development of the Hounde and Ity CIL projects are expected to lift Endeavour's group production +900kozpa and decrease its average AISC to circa $800/oz by 2019, while exploration aims to extend all mine lives to +10 years.

Corporate Office: 5 Young St, Kensington, London W8 5EH, UK

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Endeavour Mining Corporation via Globenewswire

View News Release in PDF Format - http://hugin.info/171882/R/2115964/805224.pdf

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