TVI Announces the Results of its Annual Meeting of Shareholders
TVI Announces the Results of its Annual Meeting of Shareholders
CALGARY, ALBERTA - TVI Pacific Inc. (TSX-V: TVI) ( OTC Pink : TVIPF) (“TVI” or “ the Company ”)
announces that shareholders have approved of all resolutions brought before them at the Annual General
Meeting of Shareholders (“AGM”) held on June 22, 2017. A total of 113,860,627 shares were represented in
person or by proxy at the meeting, representing approximately 17.37% of the Company’s outstanding shares.
Results of Annual General Meeting
The following Board members stood for re-election and were duly re -elected: Clifford M. James, Robert C.
Armstrong, C. Brian Cramm, Jan R. Horejsi and David Moscovitz. These directors will hold office until the next
TVI annual meeting or until their successors are elected or appointed or a director vacates office in accordance
with the by-laws of the Corporation. Of the 113,860,627 votes cast, approximately 97.56% were in favour of
the election of the directors, while 2.44% were withheld.
Voting results for individual directors are set out below:
Name of
Nominee
Votes For Percentage
Votes
Withheld
Percentage
Robert C. Armstrong 94,421,309 97.58% 2,346,258 2.42%
C. Brian Cramm 94,421,309 97.58% 2,346,258 2.42%
Jan R. Horejsi 94,422,809 97.58% 2,344,758 2.42%
Clifford M. James 94,422,809 97.58% 2,344,758 2.42%
David Moscovitz 94,347,003 97.50% 2,420,564 2.50%
PricewaterhouseCoopers LLP was reappointed as the external auditor of TVI and will hold office until the next
annual meeting at such remuneration as may be determined by the directors of the Company. Approximately
94.26% of the votes cast supported the appointment of the auditor, while 5.74% were withheld.
Shareholders also approved TVI's Stock Option Plan , through which the total number of common shares
reserved for issuance as incentive stock options granted to insiders shall not exceed 10% of the total issued
and outstanding common shares from time to time. TVI’s Stock Option Plan was previously approved at the
Annual Meeting of Shareholders on June 9, 2016 , while TVI was listed on the Toronto Stock Exchange and
the requirement was for approval every 3 years. Since August 2, 2016, the Company has been listed on the
TSX Venture Exchange where approval of a rolling option plan is an annual requirement . The currently
approved plan will remain valid until the 2018 Annual Meeting of Shareholders . Of the 93,939,394 eligible
votes cast, 95.98% were in favour of the Stock Option Plan, while 4.02% were against.
TSX-V: TVI OTC Pink: TVIPF June 23, 2017
N E W S R E L E A S E
About TVI Pacific Inc.
TVI Pacific Inc. is a Canadian resource company focused on the acquisition of resource projects in the Asia
Pacific region. TVI currently holds a 30.66% equity interest in TVIRD a nd a 25.5% equity interest in FOY
Group Limited, an Australian company in the process of acquiring and funding the commercialization of plastics
to diesel technology in Australia and relisting on the Aust ralian Stock Exchange in H2/2017 . TVI’s other
holdings include a 14.4% equity interest in Mindoro Resources Ltd.; a 10% interest in the Amazon Bay Iron
Sands project in Papua New Guinea; and a 100% investment in shares of TG World.
Contact Information:
Patrick Hanna
Chief Financial Officer
TVI Pacific Inc.
Phone: 403-265-4356
E-mail: [email protected]
IMPORTANT INFORMATION REGARDING FORWARD-LOOKING STATEMENTS
Certain information set out in this News Release constitutes forward -looking information. Forward-looking
statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan",
"continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "believe", "scheduled", "to
be", "will be" and similar expressions. Forward-looking statements in this News Release are based upon the
opinions and expectations of management of the Company as at the effective date of such
statements. Although the Company believes that the expectations reflected in such forward -looking
statements are based upon reasonable assumptions, it can give no assurance that those expectat ions will
prove to have been correct. Forward-looking statements are subject to certain risks and uncertainties (known
and unknown) that could cause actual outcomes to differ materially from those anticipated or implied by such
forward-looking statements.
Various risks to which the Company is exposed in the conduct of its business (including mining activities) are
described in detail in the Company's Annual Information Form for the year ended December 31, 201 6, which
was filed on SEDAR on April 18, 2017 and is available under the Company's profile at
www.SEDAR.com. Subject to applicable securities laws, the Company does not undertake any obligation to
publicly revise the forward-looking statements included in this News Release to reflect subsequent events or
circumstances.