News
Torex Announces the Results of its 2015 Meeting Of Shareholders
June 23, 2015
TORONTO, Ontario, June 23, 2015 - Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces the results of its 2015 annual and special meeting of shareholders (the “Meeting”) held in Toronto, Ontario on June 23, 2015.
At the Meeting, all director nominees listed in the Company’s management information circular dated May 12, 2015 were elected as directors of the Company. The detailed results of the vote by ballot are as follows:
In addition, at the Meeting, shareholders: (a) reappointed KPMG LLP, Chartered Accountants (“KPMG”), as auditors of the Company, (b) ratified, confirmed and approved amendments to the Company’s stock option plan (the “Stock Option Plan”), which amendments were announced in the Company’s press release dated June 12, 2015 (the “Plan Amendments Press Release”), and approved the unallocated options under the amended Stock Option Plan, and (c) ratified, confirmed and approved amendments to the Company’s restricted share unit plan (the “RSU Plan”), which amendments were announced in the Plan Amendments Press Release, and approved the unallocated restricted share units under the amended RSU plan.
The formal report on voting results with respect to all maters voted upon at the Meeting will be filed on SEDAR atwww.sedar.com.
Torex is a growth-oriented, Canadian-based resource company engaged in the exploration and development of its 100% owned Morelos Gold Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. Within this property, Torex has two projects: the El Limon-Guajes Project, currently under development, and the Media Luna Project, at an advanced stage of exploration. Torex intends to identify a pipeline of future economic deposits within its property, which remains 75% unexplored.
For further information, please contact:
TOREX GOLD RESOURCES INC.
Fred Stanford
President and CEO
Tel. (647) 260-1502
Email: moc.dlogxerot@drofnats.derf
Gabriela Sanchez
Vice President Investor Relations
Tel. (647) 260-1503
Email: moc.dlogxerot@zehcnas.aleirbag
At the Meeting, all director nominees listed in the Company’s management information circular dated May 12, 2015 were elected as directors of the Company. The detailed results of the vote by ballot are as follows:
| Director | Vote Type | Number of Votes | Percentage of Votes |
|---|---|---|---|
| Fred Stanford | For Withheld | 566,321,957 104,039 | 99.98% 0.02% |
| Michael Murphy | For Withheld | 527,480,257 38,945,739 | 93.12% 6.88% |
| A. Terrance MacGibbon | For Withheld | 553,496,824 12,929,172 | 97.72% 2.28% |
| David Fennell | For Withheld | 379,646,232 186,779,764 | 67.02% 32.98% |
| James Crombie | For Withheld | 386,294,222 180,131,774 | 68.20% 31.80% |
| Frank Davis | For Withheld | 559,876,987 6,549,009 | 98.84% 1.16% |
| Andrew Adams | For Withheld | 564,909,026 1,516,970 | 99.73% 0.27% |
In addition, at the Meeting, shareholders: (a) reappointed KPMG LLP, Chartered Accountants (“KPMG”), as auditors of the Company, (b) ratified, confirmed and approved amendments to the Company’s stock option plan (the “Stock Option Plan”), which amendments were announced in the Company’s press release dated June 12, 2015 (the “Plan Amendments Press Release”), and approved the unallocated options under the amended Stock Option Plan, and (c) ratified, confirmed and approved amendments to the Company’s restricted share unit plan (the “RSU Plan”), which amendments were announced in the Plan Amendments Press Release, and approved the unallocated restricted share units under the amended RSU plan.
The formal report on voting results with respect to all maters voted upon at the Meeting will be filed on SEDAR atwww.sedar.com.
Torex is a growth-oriented, Canadian-based resource company engaged in the exploration and development of its 100% owned Morelos Gold Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. Within this property, Torex has two projects: the El Limon-Guajes Project, currently under development, and the Media Luna Project, at an advanced stage of exploration. Torex intends to identify a pipeline of future economic deposits within its property, which remains 75% unexplored.
For further information, please contact:
TOREX GOLD RESOURCES INC.
Fred Stanford
President and CEO
Tel. (647) 260-1502
Email: moc.dlogxerot@drofnats.derf
Gabriela Sanchez
Vice President Investor Relations
Tel. (647) 260-1503
Email: moc.dlogxerot@zehcnas.aleirbag