TVI Pacific Announces the Results of its Annual Meeting of Shareholders
N E W S R E L E A S E
TSX : TVI OTCQX: TVIPF May 25, 2012
TVI Pacific Announces the Results of its Annual Meeting of Shareholders
CALGARY, ALBERTA - TVI Pacific Inc. (TSX: TVI) (OTCQX: TVIPF) ("TVI" or the “Company") announces that shareholders approved all resolutions brought before them at the Annual General Meeting of Shareholders held on May 24, 2012. A total of 193 shareholders holding 144,102,124 shares were represented in person or by proxy at the meeting, representing approximately 23.16% of the Company’s outstanding shares.
PricewaterhouseCoopers LLP was re-appointed 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 98.37% of the votes cast supported the appointment of the auditors, while 1.63% were withheld.
The following board members stood for election and were duly re-elected: Clifford M. James, Robert C. Armstrong, C. Brian Cramm, Jan R. Horejsi, Peter C.G. Richards, David Moscovitz, Wayne G. Thomson and Aloysius B. Colayco were elected to the Board. These directors will hold office until the next TVI annual meeting. Of the votes cast, 94.16% were in favour of the election of the directors, while 1.63% were withheld.
For shareholders who were not able to attend the meeting, a webcast of the presentation will be available on TVI’s website at www.tvipacific.com in the coming days.
About TVI Pacific Inc. (TSX: TVI) (OTCQX: TVIPF)
TVI Pacific Inc. is a publicly-traded Canadian company focused on the production, development, exploration and acquisition of resource projects in the Philippines. TVI produces copper and zinc concentrates from its Canatuan mine and is pre-developing its Balabag gold and silver project. TVI also has an interest in an offshore Philippine oil property.
Raina Vitanov Laureen Dukart Vice President, Investor & Corporate Relations Investor Relations Coordinator TVI Pacific Inc. TVI Pacific Inc.
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