Discovery Announces Annual General and Special Meeting Results
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Discovery Announces Annual General and Special Meeting Results
June 26, 202 5, Toronto, Ontario - Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF)
(“Discovery” or the “ Company”) today announced the results of voting at its Annual General and
Special Meeting held on June 25, 2025. Shareholders voted overwhelming in support of the election of
all director nominees as further set out below:
Name of Nominee Votes cast FOR % votes cast
FOR
Votes WITHHELD % of Votes
WITHHELD
Murray John 570,029,612 99.25% 4,318,461 0.75%
Anthony Makuch 574,035,499 99.95% 312,574 0.05%
Barry Olson 573,848,566 99.91% 499,507 0.09%
Jeffrey Parr 573,980,552 99.94% 367,521 0.06%
Moira Smith 571,336,863 99.48% 2,981,210 0.52%
Daniel Vickerman 553,994,408 96.46% 20,353,665 3.54%
Shareholders also voted in favour of: (i) appointing PricewaterhouseCoopers LLP, Chartered
Accountants, as auditors of the Company for the ensuing year; (ii) the Long Term Incentive Plan of the
Company; (iii) amendments to the Company’s Deferred Share Unit Plan (the “ DSU Plan”); (iv) the
approval of all unallocated deferred share units under the DSU Plan; (v) the approval of all unallocated
restricted share units under the Company’s former restricted share unit plan; and (vi) the approval of all
unallocated stock options under the Company’s stock option plan.
Further details on these items can be found in the Company’s Management Information Circular dated
May 6, 2025 and filed on SEDAR+. Details of the vote are set out below:
Votes cast
FOR
% of votes cast
FOR
Votes cast
AGAINST
% of votes cast
AGAINST
Appointment of Auditors 601,537,503 99.91% 560,977 0.09%
Long Term Incentive Plan 538,836,367 93.82% 35,511,706 6.18%
Deferred Share Unit Plan 534,902,444 93.13% 39,445,629 6.87%
Unallocated DSUs 534,646,444 93.13% 39,445,629 6.87%
Unallocated restricted share units 534,656,921 93.09% 39,691,152 6.91%
Unallocated Options 534,034,377 92.98% 40,313,696 7.02%
NEWS RELEASE
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ABOUT DISCOVERY
Discovery is a growing North American-focused precious metals company. The Company has exposure
to silver through its first asset, the 100%-owned Cordero project, one of the world’s largest undeveloped
silver deposits, which is located close to infrastructure in a prolific mining belt in Chihuahua St ate,
Mexico. On April 15 , 2025, Discovery completed the acquisition of the Porcupine Complex from
Newmont Corporation, transforming the Company into a new Canadian gold producer with multiple
operations in one of the world’s most renowned gold camps in and near Timmins, Ontario . Discovery
owns a dominant land position within the camp, with a large base of Mineral Resources remaining and
substantial growth and exploration upside.
On Behalf of the Board of Directors,
Tony Makuch, Peng
President, CEO & Director
For further information contact:
Mark Utting, CFA
SVP Investor Relations
Phone: 416-806-6298
Email: [email protected]
Website: www.discoverysilver.com