VANCOUVER, BC, June 20,
2024 /CNW/ - Orla Mining Ltd. (TSX: OLA)
(NYSE: ORLA) ("Orla" or the "Company") is pleased to report the
voting results for the election of its Board of Directors, which
took place at the Company's Annual General and Special Meeting of
Shareholders ("AGM") held today. All nominees, as set forth in the
Company's Management Information Circular dated May 14, 2024, were elected as directors of Orla
at the AGM. Detailed results of the votes are set out below:
|
Nominee
|
Votes
For
|
% For
|
Votes
Against
|
%
Against
|
|
Charles
Jeannes
|
224,153,774
|
98.32 %
|
3,827,313
|
1.68 %
|
|
Jason
Simpson
|
227,913,401
|
99.97 %
|
67,686
|
0.03 %
|
|
Jean
Robitaille
|
212,682,458
|
93.29 %
|
15,298,628
|
6.71 %
|
|
Tim Haldane
|
227,911,838
|
99.97 %
|
69,249
|
0.03 %
|
|
David
Stephens
|
224,464,089
|
98.46 %
|
3,516,998
|
1.54 %
|
|
Elizabeth
McGregor
|
225,753,369
|
99.02 %
|
2,227,718
|
0.98 %
|
|
Tamara Brown
|
225,736,337
|
99.02 %
|
2,244,750
|
0.98 %
|
|
Ana Sofía
Ríos
|
226,985,587
|
99.56 %
|
995,500
|
0.44 %
|
|
Rob Krcmarov
|
227,889,738
|
99.96 %
|
91,349
|
0.04 %
|
|
Scott
Langley
|
227,640,564
|
99.85 %
|
340,523
|
0.15 %
|
The shareholders also approved: (1) the appointment of Ernst
& Young LLP as auditor of the Company for the ensuing year and
authorizing the Board of Directors to fix the remuneration of the
auditor; (2) a non-binding advisory resolution accepting the
Company's approach to executive compensation, also known as
"say-on-pay"; and (3) the unallocated stock options under the
Company's stock option plan. Results of the shareholder votes on
these items are set forth below:
|
Outcome of
Vote
|
Votes
For
|
% For
|
Against
|
%
Against
|
Withheld
|
%
Withheld
|
|
Appointment of
Auditors
|
Carried
|
236,452,084
|
99.98 %
|
-
|
-
|
45,104
|
0.02 %
|
|
Non-Binding
Advisory Vote on
Executive
Compensation
|
Carried
|
225,293,363
|
98.82 %
|
2,687,724
|
1.18 %
|
-
|
-
|
|
Approval of
Unallocated Stock
Options
|
Carried
|
211,800,201
|
92.90 %
|
16,180,838
|
7.10 %
|
-
|
-
|
The Company filed its Form 40-F for the year ended December 31, 2023 with the Securities and
Exchange Commission and it is available under the Company's profile
on EDGAR at www.sec.gov. The Company's 2023 Audited Financial
Statements are available on the Company's website at
https://www.orlamining.com/investors/financials-statements.
Shareholders may also receive a copy of these Company documents
without charge upon request by e-mail at info@orlamining.com.
About Orla Mining Ltd.
Orla's corporate strategy is to acquire, develop, and operate
mineral properties where the Company's expertise can substantially
increase stakeholder value. The Company has two material gold
projects: (1) Camino Rojo, located
in Zacatecas State, Mexico and (2)
South Railroad, located in Nevada,
United States. Orla is operating
the Camino Rojo Oxide Gold Mine, a gold and silver open-pit and
heap leach mine. The property is 100% owned by Orla and covers over
130,000 hectares which contains a large oxide and sulphide mineral
resource. Orla is also developing the South Railroad Project, a
feasibility-stage, open pit, heap leach gold project located on the
Carlin trend in Nevada. The technical reports for the
Company's material projects are available on Orla's website at
www.orlamining.com, and on SEDAR+ and EDGAR under the Company's
profile at www.sedarplus.ca and www.sec.gov, respectively.
SOURCE Orla Mining Ltd.