Announces Agm Results
WESTERN METALLICA RESOURCES CORP.
ANNOUNCES AGM RESULTS
TORONTO, ONTARIO – June 7, 2023 – Western Metallica Resources Corp. (TSXV: WMS )
(“Western Metallica” or the “Company”) is pleased to announce the results of its Annual General
and Special Meeting of Shareholders held on June 7th, 2023. The Company announces that the
nominees listed in the Management Information Circular dated April 21st, 2023, for the
Annual General and Special Meeting of Shareholders of the Company (the “Meeting”) were
elected as Directors of the Company. Over 98% of the shareholders that voted at the AGM
approved the Director voting resolutions presented, setting the number of Directors at five and re-
electing each of Gregory Duras, Peter Imhof, Joaquin Merino , Deepak Varshney and Brigitte
Berneche to the Company’s Board of Directors.
A total of 16,562,194 votes were represented at the meeting, 32.02% of the Company’s
51,728,630 issued and outstanding shares at the record date. Shareholders voted in favor of all
matters brought before the meeting including the appointment of auditors and the election of
management’s nominees as directors.
Detailed results of the vote for the election of Directors held virtually at the Meeting on June 7th,
2023, are set out below. The shareholders approved the election of Directors of the persons listed
below, based on the following votes:
Board of Director
Nominees
Number
Votes For
% Votes
For
Number Votes
Withheld
% Votes
Withheld
Gregory Duras 16,362,194 98.79 200,000 1.21
Peter Imhof 16,362,194 98.79 200,000 1.21
Joaquin Merino 16,362,194 98.79 200,000 1.21
Deepak Varshney 16,362,194 98.79 200,000 1.21
Brigitte Berneche 16,562,194 100 - 0
Shareholders at the meeting also approved the appointment of McGovern Hurley LLP as the
Company’s auditors . Disinterested shareholders also reapproved an omnibus incentive plan
pursuant to which the Company may issue restrictive share units and stock options to eligible
participants, subject to the receipt of all required regulatory approvals, including approval of the
TSXV.
About Western Metallica Resources Corp.
Western Metallica is an Ontario company with its head office in Toronto, Ontario, trading on the
TSX Venture Exchange (TSXV) under symbol WMS. Western Metallica is in the business of
mineral resource exploration and development, its principal asset is its 100% owned Nueva Celti
Copper P roperty in the Ossa Morena belt in Andalusia, Spain . Western Metallica also h olds
interests in three other Spanish gold projects in the “Navelgas Gold Belt” in Asturias , Spain
(Penedela, Valledor and Sierra Alta).
Further information of the Company can be found at: www.westernmetallica.com
For more information please contact:
Western Metallica Resources Corp.
Gregory Duras
Chief Executive Officer
Email: [email protected]
Investor Relations
Email: [email protected]
Cautionary Note Regarding Forward-Looking Statements
The TSXV has neither approved nor disapproved the contents of this press release. Neither the
TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this press release.
This press release contains statements that constitute “forward -statements.” Such forward
looking statements involve known and unknown risks, uncertainties and other factors that may
cause the Company’s actual results, performance or achievements, or devel opments to differ
materially from the anticipated results, performance or achievements expressed or implied by
such forward-looking statements.
Although the Company believes, in light of the experience of its officers and directors, current
conditions an d expected future developments and other factors that have been considered
appropriate that the expectations reflected in this forward -looking information are reasonable,
undue reliance should not be placed on them because the Company can give no assurance that
they will prove to be correct. When used in this press release, the words “estimate”, “project”,
“belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of
these words or such variations thereon or comparable terminology are intended to identify
forward-looking statements and information. The forward -looking statements and information in
this press release include information relating to the planned drill program and the development
of the Penedela Project and other mining projects and prospects thereof. Such statements and
information reflect the current view of the Company. Risks and uncertainties that may cause
actual results to differ materially from those contemplated in those forward -looking statements
and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause our actual results, performance or achievements, or other future
events, to be materially different from any future results, performance or achievements expressed
or implied by such forward-looking statements.
The forward-looking information contained in this news release represents the expectations of the
Company as of the date of this news release and, accordingly, is subject to c hange after such
date. Readers should not place undue importance on forward-looking information and should not
rely upon this information as of any other date. The Company undertakes no obligation to update
these forward-looking statements in the event that management’s beliefs, estimates or opinions,
or other factors, should change.