K92 Mining Announces Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend K92 Shareholders Vote FOR All Proposed Items at the Upcoming AGM
Suite 488 - 1090 West Georgia Street
Vancouver, British Columbia
Canada V6E 3V7
Telephone: +1 (604) 416-4445
Facsimile: +1 (604) 608-9110
www.k92mining.com
NEWS RELEASE
K92 Mining Announces Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend K92
Shareholders Vote FOR All Proposed Items at the Upcoming AGM
Vancouver, BC, June 16, 2023 – K92 Mining Inc. (“K92” or the “Company”) (TSX : KNT, OTCQX:
KNTNF) is pleased to announce that leading independent proxy advisory firms, Institutional Shareholder
Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have each recommended K92 shareholders (“K92
Shareholders”) vote “FOR” all the proposed resolutions at the upcoming Annual General and Special Meeting
of Shareholders (the “Meeting”).
ISS and Glass Lewis are two leading independent, third-party proxy advisory firms who, among other services,
provide proxy -voting recommendations to pension funds, investment managers, mutual funds and other
institutional shareholders.
The Board of Directors of K92 recommends that shareholders vote FOR ALL the proposed items.
K92 2023 Annual General and Special Meeting
At the Meeting, shareholders will be asked to:
1. appoint the auditors for the ensuing year,
2. elect the directors for the ensuing year,
3. approve amendments to the Share Compensation Plan, and
4. approve a non-binding advisory resolution to accept the Company’s approach to executive compensation.
This year K92’s Meeting will be a hybrid in-person and virtual format. Shareholders will be able to participate
by voting or asking questions at the meeting.
When: Thursday June 29, 2023 at 2:00 pm (Pacific Time)
Where: Suite 580, 1090 West Georgia Street, Vancouver, BC, V6E 3V7
and
Virtual meeting online at https://virtual-meetings.tsxtrust.com/1467
Meeting Password: k922023
Shareholders are encouraged to cast their votes in advance by proxy.
The Company encourages shareholders to read the meeting materials, which have been filed on SEDAR
(www.sedar.com) and are on the Company’s website at https://k92mining.com/investors/agm-materials/.
How to Vote - Shareholder Information and Questions
Vote before the Meeting using the following methods
Internet
Telephone or Fax
Registered Shareholders
Shares held in own name and
represented by a physical
certificate.
TSX Trust
www.voteproxyonline.com
Use 12-digit Control # from Proxy
TSX Trust
Fax: 1-416-595-9593
Return the form of proxy in the
enclosed postage paid envelope.
Non-Registered Shareholders
Shares held with a broker, bank,
or other intermediary.
www.proxyvote.com
Broadridge
Call or fax to the number(s)
listed on your voting
instruction form (VIF).
Return the voting instruction
form in the enclosed postage-
paid envelope.
K92 shareholders who have questions about the management information circular, or require assistance with
voting their shares can contact the Company’s proxy solicitation agent, Laurel Hill Advisory Group:
Laurel Hill Advisory Group
North America Toll Free: 1-877-452-7184
Outside North America: 1-416-304-0211
Email: [email protected]
About K92
K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in
the Eastern Highlands province of Papua New Guinea, as well as exploration and development of
mineral deposits in the immediate vicinity of the mine. The Company declared commercial production
from Kainantu in February 2018 and is in a strong financial position. A maiden resource estimate on
the Blue Lake porphyry project was completed in August 2022. K92 is operated by a team of mining
company professionals with extensive international mine-building and operational experience.
On Behalf of the Company,
John Lewins, Chief Executive Officer and Director
For further information, please contact David Medilek, P.Eng., CFA, President at +1-604-416-4445
CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING INFORMATION: This news
release includes certain “forward-looking statements” under applicable Canadian securities legislation. Such
forward-looking statements include, without limitation: (i) the results of the Kainantu Project Definitive
Feasibility Study, and the Kainantu 2022 Preliminary Economic Assessment, including the Stage 3 Expansion,
a new standalone 1.2 mtpa process plant and supporting infrastructure; (ii) statements regarding the expansion
of the mine and development of any of the deposits; and (iii) the Kainantu Stage 4 Expansion, operating two
standalone process plants, larger surface infrastructure and mining throughputs.
All statements in this news release that address events or developments that we expect to occur in the future are
forward-looking statements. Forw ard-looking statements are statements that are not historical facts and are
generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”,
“target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar
expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”,
“should” or “might” occur. All such forward -looking statements are based on the opinions and estimates of
management as of t he date such statements are made. Forward -looking statements are necessarily based on
estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other
factors, many of which are beyond our ability to control, that m ay cause our actual results, level of activity,
performance or achievements to be materially different from those expressed or implied by such forward-looking
information. Such factors include, without limitation, Public Health Crises, including the COVID-19 Pandemic;
changes in the price of gold, silver, copper and other metals in the world markets; fluctuations in the price and
availability of infrastructure and energy and other commodities; fluctuations in foreign currency exchange
rates; volatility in price of our common shares; inherent risks associated with the mining industry, including
problems related to weather and climate in remote areas in which certain of the Company’s operations are
located; failure to achieve production, cost and other estimat es; risks and uncertainties associated with
exploration and development; uncertainties relating to estimates of mineral resources including uncertainty that
mineral resources may never be converted into mineral reserves; the Company’s ability to carry on current and
future operations, including development and exploration activities; the timing, extent, duration and economic
viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and
reliability of estimates, projections, forecasts, studies and assessments; the Company’s ability to meet or achieve
estimates, projections and forecasts; the availability and cost of inputs; the availability and costs of achieving
the Stage 3 Expansion or the Stage 4 Expansion; the ability of the Company to achieve the inputs the price and
market for outputs, including gold, silver and copper; inability of the Company to identify appropriate
acquisition targets or complete desirable acquisitions; failures of information systems o r information security
threats; political, economic and other risks associated with the Company’s foreign operations; geopolitical
events and other uncertainties, such as the conflict in Ukraine; compliance with various laws and regulatory
requirements to which the Company is subject to, including taxation; the ability to obtain timely financing on
reasonable terms when required; the current and future social, economic and political conditions, including
relationship with the communities in Papua New Guinea and other jurisdictions it operates; other assumptions
and factors generally associated with the mining industry; and the risks, uncertainties and other factors referred
to in the Company’s Annual Information Form under the heading “Risk Factors”.
Estimates of mineral resources are also forward-looking statements because they constitute projections, based
on certain estimates and assumptions, regarding the amount of minerals that may be encountered in the future
and/or the anticipated economics of produc tion. The estimation of mineral resources and mineral reserves is
inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are
not mineral reserves do not have demonstrated economic viability. The accuracy of any such estimates is a
function of the quantity and quality of available data, and of the assumptions made and judgments used in
engineering and geological interpretation , Forward-looking statements are not a guarantee of future
performance, and actual results and future events could materially differ from those anticipated in such
statements. Although we have attempted to identify important factors that could cause actual results to differ
materially from those contained in the forward-looking statements, there may be other factors that cause actual
results to differ materially from those that are anticipated, estimated, or intended. There can be no assurance
that such statements will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking
statements. The Company disclaims any intention or obligation to update or revise any forward -looking
statements, whether as a result of new information, future events or otherwise, except as required by law.