International Tower Hill Mines Announces Results from 2017 Annual General Meeting of Shareholders
VANCOUVER, May 25, 2017 /CNW/ - International Tower Hill Mines Ltd. ("ITH" or the "Company") - (TSX: ITH, NYSE-MKT: THM) announces the results from its 2017 Annual General Meeting of shareholders held in Vancouver, B.C. on Wednesday, May 24, 2017 ("Meeting").
At the Meeting, the Company's shareholders fixed the size of the board at eight and elected the following individuals as directors of the Company, with all receiving a majority of the votes cast, as follows:
|
Director |
Votes For |
Votes Withheld |
|
Marcelo Kim - Chair |
85,040,156 (99.18%) |
702,240 (0.82%) |
|
Stephen Lang - Lead Independent Director |
85,123,521 (99.28%) |
618,876 (0.72%) |
|
Anton Drescher |
76,704,364 (89.46%) |
9,038,033 (10.54%) |
|
John Ellis |
76,994,869 (89.80%) |
8,747,528 (10.20%) |
|
Mark Hamilton |
84,974,596 (99.10%) |
767,801 (0.90%) |
|
Thomas Weng |
85,117,923 (99.27%) |
624,473 (0.73%) |
|
Thomas Irwin |
85,134,238 (99.29%) |
608,158 (0.71%) |
|
Victor Flores |
85,022,423 (99.16%) |
719,973 (0.84%) |
The shareholders re-appointed the current auditors, PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Company for the fiscal year ending December 31, 2017 and authorized the directors to fix their remuneration.
The shareholders approved, on an advisory non-binding basis ("Say on Pay"), the compensation paid to the Company's executive officers (98% majority) and approved both the proposed issuance of common shares to Thomas Irwin (98% majority) and the Company's 2017 Deferred Share Unit Incentive Plan (87% majority).
The detailed proxy voting on all resolutions submitted to the shareholders at the Meeting is contained in the "Report of Voting Results" for the Meeting which will be available under the Company's profile on SEDAR and on the Company's website or upon request by contacting the Company's Corporate Secretary at (604) 683-6332.
About International Tower Hill Mines Ltd.
International Tower Hill Mines Ltd. controls a 100% interest in the Livengood Gold Project, located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.
On behalf of
International Tower Hill Mines Ltd.
(signed) Karl Hanneman
Chief Executive Officer
SOURCEInternational Tower Hill Mines Ltd.
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