Moneta Announces Voting Results from Annual General & Special Meeting of Shareholders
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NEWS RELEASE – 10/2023 Symbol: TSX: ME FOR IMMEDIATE RELEASE
MONETA ANNOUNCES VOTING RESULTS FROM ANNUAL GENERAL & SPECIAL
MEETING OF SHAREHOLDERS
Toronto, Ontario – June 2, 2023 - Moneta Gold Inc. (TSX: ME) (OTCQX: MEAUF) (FSE: MOPA) (“Moneta”
or the “Corporation”) announced the approval of each of the matters set out in the Corporation’s
Management Information Circular (the “Circular”) dated April 18, 2023 at the 2023 Annual General and
Special Meeting of Shareholders held at the offices of McCarthy Tétrault LLP on June 1, 2023.
The total number of shares represented by shareholders present in person and by proxy at the Meeting
was 62,975,235 representing 61.30% of the Corporation’s outstanding shares.
Election of Directors
Each of the following eight director nominees proposed by management in the Circular was elected. The
votes were cast as follows:
Nominee Votes For % For Votes Withheld % Withheld
Sheila Colman 59,912,664 98.01 1,214,322 1.99
Rodney A. Cooper 59,856,941 97.92 1,270,045 2.08
Louis Gariepy 58,549,737 95.78 2,577,249 4.22
Alexander D. Henry 58,040,056 94.95 3,086,930 5.05
Krista Muhr 59,909,414 98.01 1,217,572 1.99
Gary V. O’Connor 56,658,345 92.69 4,468,641 7.31
Josef Vejvoda 58,542,754 95.77 2,584,232 4.23
Blair Zaritsky 56,621,666 92.63 4,505,320 7.37
Appointment of Auditors
BDO Canada LLP was reappointed as auditor of the Corporation and the Directors were authorized to fix
the auditor’s compensation. Results of the vote were as follows:
Votes For % For Votes Withheld % Withheld
62,352,548 99.06 594,021 0.94
Approval of Articles of Amendment
The passing of a special resolution to amend the Corporation’s Articles of Amalgamation as set out in the
Circular and in Schedule “B” thereto was approved. Results of the vote were as follows:
Votes For % For Votes Against % Against
57,919,505 94.75 3,207,481 5.25
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Mr. Mark N.J. Ashcroft did not stand for re-election.
Mr. Gary O’Connor, President and Chief Executive Officer remarked, “On behalf of our entire Board of
Directors and Management, I would like to thank Mark for his outstanding contributions throughout his
time on the Board , including his exceptional dedication in leading our Safety and Sustainability
Committee. We wish him every success in his future endeavours.”
About Moneta Gold
Moneta is a Canadian -based gold exploration company focused on advancing its 100% wholly owned Tower Gold
project, located in the Timmins region of Northeastern Ontario, Canada’s most prolific gold p roducing camp. The
September 2022, PEA study outlined a combined open pit and underground mining and a 7.0 million tonne per
annum conventional leach operation over a 24 -year mine life, with 4.6 Moz of recovered gold, generating an after -
tax NPV5% of $1,06 6M, IRR of 31.7%, and a 2.6 -year payback at a gold price US$1,600/oz. Tower Gold hosts an
estimated gold mineral resource of 4.5 Moz indicated and 8.3 Moz inferred. Moneta is committed to creating
shareholder value through the strategic allocation of capit al and a focus on the current resource upgrade drilling
program, while conducting all business activities in an environmentally and socially responsible manner.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gary V. O’Connor, CEO
416-357-3319
Ardem Keshishian, VP Corporate Development
416-471-5463
The Company’s public documents may be accessed at www.sedar.com. For further information on the Company, please visit our website at
www.monetagold.com or email us at [email protected]