Aya Gold & Silver Announces Election of Directors
PRESS RELEASE
.
Aya Gold & Silver Announces Election of Directors
Montreal, Quebec, June 21, 2024 - Aya Gold & Silver Inc. (TSX: AYA, OTCQX: AYASF) (“Aya” or the
“Corporation”) is pleased to announce that all nominees listed in the management proxy circular were
elected as directors of Aya at its annual general meeting of shareholders (“AGM”) held today.
A total of 56,932,471 common shares or 48.92% of Aya’s issued and outstanding common shares at
the record date were represented in person or by proxy at the AGM.
Detailed results are as below:
Director Nominee Votes For % of Votes
For
Votes Against % of Votes Against
Yves Grou 63,197,505 96.78% 2,102,044 3.22%
Ghislane Guedira Bennouna 65,277,972 99.97% 21,578 0.03%
Dr. Jürgen Hambrecht 63,050,646 96.56% 2,248,903 3.44%
Annie Torkia Lagacé 64,998,413 99.54% 301,137 0.46%
Benoit La Salle 60,105,559 92.05% 5,193,991 7.95%
Eloïse Martin 63,200,149 96.78% 2,099,400 3.22%
Nikolaos Sofronis 65,002,680 99.55% 296,870 0.45%
Robert Taub 65,001,645 99.54% 297,905 0.46%
The resolution to appoint KPMG LLP as auditor of the Corporation for the ensuing year and authorize
the directors to fix their remuneration was approved:
Votes For: 67,464,458 (99.95%)
Votes Withheld: 35,380 (0.05%)
The resolution to approve the Amended Stock Option Plan and all unallocated stock options under
such plan was approved:
Votes For: 49,984,940 (76.55%)
Votes Against: 15,314,610 (23.45%)
The proposal to approve the Amended Restricted Share Unit Plan and all unallocated restricted share
units under such plan was approved:
Votes For: 64,621,158 (98.96%)
Votes Against: 678,391 (1.04%)
The resolution to approve the Amended Deferred Share Unit Plan and all unallocated deferred share
units under such plan was approved:
Votes For: 46,540,322 (71.27%)
Votes Against: 18,759,227 (28.73%)
And finally, an advisory and non-binding resolution regarding executive compensation was approved:
Votes For: 62,892,118 (96.31%)
Votes Against: 2,407,432 (3.69%)
About Aya Gold & Silver Inc.
Aya Gold & Silver Inc. is a rapidly growing, Canada-based silver producer with operations in the
Kingdom of Morocco.
The only TSX-listed pure silver mining company, Aya operates the high-grade Zgounder Silver Mine
and is exploring its properties along the prospective South-Atlas Fault, several of which have hosted
past-producing mines and historical resources. Aya’s Moroccan mining assets are complemented by
its Tijirit Gold Project in Mauritania, which is being advanced to feasibility.
Aya’s management team has been focused on maximising shareholder value by anchoring
sustainability at the heart of its operations, governance, and financial growth plans.
For additional information, please visit Aya’s website at www.ayagoldsilver.com.
Or contact
Benoit La Salle, FCPA, MBA
President & CEO
Alex Ball
VP, Corporate Development & IR
Forward-Looking Statements
This press release contains certain statements that constitute forward-looking information within the
meaning of applicable securities laws (“forward-looking statements”), which reflects management's
expectations regarding Aya’s future growth and business prospects (including the timing and
development of new deposits and the success of exploration activities) and other opportunities.
Wherever possible, words such as “plans”, “expects”, “potential, and similar expressions or
statements that certain actions, events or results “may”, “could”, “would”, “might”, “will”, or are “likely”
to be taken, occur or be achieved, have been used to identify such forward-looking information.
Although the forward-looking information contained in this press release reflect management's
current beliefs based upon information currently available to management and based upon what
management believes to be reasonable assumptions, Aya cannot be certain that actual results will
be consistent with such forward-looking information. Such forward-looking statements are based
upon assumptions, opinions and analysis made by management in light of its experience, current
conditions and its expectations of future developments that management believe to be reasonable
and relevant but that may prove to be incorrect. These assumptions include, among other things, the
ability to obtain any requisite governmental approvals, obtaining regulatory permits for on-site work,
importing goods and machinery and employment permits, the accuracy of Mineral Reserve and
Mineral Resource Estimates (including, but not limited to, ore tonnage and ore grade estimates), the
price of silver, gold, zinc and lead, exchange rates, fuel and energy costs, future economic conditions,
anticipated future estimates of free cash flow, and courses of action. Aya cautions you not to place
undue reliance upon any such forward-looking statements.
The risks and uncertainties that may affect forward-looking statements include, among others: the
inherent risks involved in exploration and development of mineral properties, including government
approvals and permitting, changes in economic conditions, changes in the worldwide price of silver
gold and other key inputs, changes in mine plans (including, but not limited to, throughput and
recoveries being affected by metallurgical characteristics) and other factors, such as project
execution delays, many of which are beyond the control of Aya, as well as other risks and uncertainties
which are more fully described in Aya’s 2023 Annual Information Form dated March 28, 2024, and in
other filings of Aya with securities and regulatory authorities which are available on SEDAR+ at
www.sedarplus.ca. Aya does not undertake any obligation to update forward-looking statements
should assumptions related to these plans, estimates, projections, beliefs, and opinions change.
Nothing in this document should be construed as either an offer to sell or a solicitation to buy or sell
Aya securities. All references to Aya include its subsidiaries unless the context requires otherwise.