Day: June 12, 2017

Minera Alamos Inc. is pleased to announce that as a result of positive institutional and retail demand for its previously announced best-efforts brokered private placement offering, the Company has amended the terms to increase the size of the offering to $4,500,000.

Endeavour Silver Corp. advises that at the Company’s Annual General Meeting held on May 3, 2017, all director nominees were re-elected to the Board of Directors. However, as Mario Szotlender did not receive a majority of the votes cast at the meeting in his favour, he tendered his resignation as a director of the Company subject to a review by the Board of Directors in accordance with the Company’s Majority Voting Policy. Pursuant to the Policy, the Corporate Governance and Nominating Committee of the Board reviewed the reasons for which it believed Mr. Szotlender had not received a majority of votes cast in favour of his election. The Committee determined that this was due to a recommendation made by a proxy advisory firm who considered Mr. Szotlender to be “over-boarded” by virtue of sitting on the Boards of Directors of six different public companies. Mr. Szotlender subsequently resigned from the Board of one of these companies. Being a director of only five companies and having attended all Board meetings of the Company during fiscal 2016, Mr. Szotlender would no longer be considered “over-boarded” under the guidelines of proxy advisory firms. The Committee recommended that Mr. Szotlender’s resignation should not be accepted, the Board of Directors considered the recommendation and has accordingly declined to accept Mr. Szotlender’s resignation.

Torex Gold Resources Inc. announces that the Company has amended certain terms of the proposed amended and restated shareholder rights plan agreement to be presented for approval at the annual and special meeting of shareholders of Torex scheduled to be held on June 21, 2017. The amendment was made in response to comments from ISS Proxy Advisory Services, a branch of Institutional Shareholder Services Inc., a proxy voting advisory and corporate governance services firm.