2016 and Prior
|Jul 04, 2017 |
July 4, 2017, Timmins, Ontario - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) (the "Corporation") announced approval of each of the matters set out in the Corporation's Management Information Circular dated May 23, 2017 at the 2017 Annual Meeting of Shareholders held in Toronto on June 30, 2017 (the "Meeting").
The total number of shares represented by shareholders present in person and by proxy at the Meeting was 102,079,506 shares, representing 42.70% of the Corporation's outstanding shares. The seven director nominees, proposed by management, were elected by a show of hands with proxies received as follows:
|Alex D. Henry
|Ian C. Peres
Final voting results, on all matters voted on at the Meeting, are available on SEDAR at www.sedar.com.
Moneta holds a 100% interest in 5 core gold projects strategically located along the Destor Porcupine Fault Zone in the world class Timmins Camp with over 85 million ounces of past gold production. The Golden Highway Project covers 12 kilometres of a highly prospective volcanic/sedimentary belt along the Destor Porcupine Fault Zone and currently hosts a NI 43-101 resource estimate of 1,091,000 ounces indicated (31.1 Mt at 1.09 g/t Au) plus 3,204,000 ounces inferred (83.3 Mt at 1.20 g/t Au), clustered within four kilometres.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Ian C. Peres, President & Co-CEO
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