Mako Mining Receives Shareholder Approval for Amendments to its Articles
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August 28, 2020
TSX-V: MKO; OTCQX: MAKOF
Mako Mining Receives Shareholder Approval for Amendments to its Articles
Mako Mining Corp. (TSX-V: MKO; OTCQX: MAKOF) (“Mako” or the “Company”) is pleased to report
that the shareholders of the Comp any today approved certain amendments to the Company’s articles (the
“Articles”) in order to bring them in line with the current provisions of the Business Corporations Act
(British Columbia) and good corporate governance practic es, and to add a requirement for advance notice
in connection with the election of directors (“Advance Notice Provisions”). Shareholders also approved all
other business put before them at the meeting, as disclosed in the Company’s Management Information
Circular dated July 13, 2020.
The purpose of the Advance Notice Provisions is to provide shareholders, directors and management of the
Company with direction on the proc edure for shareholder nomination of directors. The Advance Notice
Provisions are the framework pursuant to which the Co mpany fixes a deadline by which holders of record
of common shares must submit director nominations to the Company prior to any annual or special meeting
of shareholders and set forth the information that a shareholder must include in the notice to the Company
for the nomination notice to be in proper written form. The Adva nce Notice Provisions in the Articles
supersede the Advance Notice Policy of the Company previously adopted by the Board.
A copy of the amended Articles can be found under the Company’s profile on SEDAR at www.sedar.com,
and a blackline of the amendments can be found at Appendix “B” to the Company’s Management
Information Circular available on SEDAR.
On behalf of the Board,
Akiba Leisman
Chief Executive Officer
About Mako
Mako Mining Corp. is a publicly listed gold mining, development and exploration firm. The Company is developing
its high-grade San Albino gold project in Nueva Segovia, Nicaragua. Mako’s primary objective is to bring San Albino
into production quickly and efficiently, while continuing exploration of prospective targets in Nicaragua.
For further information: Mako Mining Corp., Akiba Leis man, Chief Executive Officer, Telephone: 203-862-7059,
E-mail: [email protected] or visit our website at www.makominingcorp.com and SEDAR
www.sedar.com.
Forward-Looking Information: Some of the statements contained herein may be considered “forward-looking information”
within the meaning of applicable securities laws. The forward-looking information contained herein is based on the Company’s
plans and certain expectations and assumptions, including obtaining final approval for the amendments to the Company’s
Articles from the TSX Venture Exchange; bringing San Albino into production quickly and efficiently. Such forward-looking
information is subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from
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those reflected in the forward-looking info rmation, including, without limitation, that the Company does not receive the final
approval of the TSX Venture Exchange for any reason; that the Company is not successful in advancing San Albino and such
other risk factors as set forth in the Company’s continuous disclosure filings on SEDAR at www.sedar.com. Such information
contained herein represents management’s best judgment as of the date hereof, based on information currently available and is
included for the purposes of providing investors with the Company’s expectations regarding the amendments to its Articles, and
may not be appropriate for other purposes . Mako does not und ertake to update any forward- looking information, except in
accordance with applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.