VANCOUVER, BC, June 21, 2022 /PRNewswire/ – Avino Silver & Gold Mines Ltd. (TSX: ASM) (US NYSE: ASM) (ESF: GV6)(“Avino” or “the Company”) is pleased to announce that on the occasion of the Annual General Meeting of Shareholders (“AGM“) of the Company held on June 21, 2022, all the resolutions proposed to the shareholders were duly adopted. 46,064,231 common shares of the Company, representing approximately 39.25% of the issued and outstanding common shares of the Company on the record date were voted.
The following briefly describes the matters voted on and the result of the votes at the meeting:
1. Set the number of directors to four
According to the proxies received and a vote by show of hands, the resolution fixing the number of directors at four was adopted as follows:
|
vote for |
% For |
Votes against |
% Versus |
|
|
21,380,739 |
97.56 |
534 814 |
2.44 |
2. Election of directors
According to the proxies received and a vote by show of hands, the following directors were elected to the board of directors of the Company as follows:
|
Director candidate |
vote for |
% For |
Votes withheld |
% Retained |
|
Ronald Andrews |
21,126,233 |
96.40 |
789 320 |
3.60 |
|
Pierre Bojtos |
21,280,676 |
97.10 |
634 877 |
2.90 |
|
David Wolfin |
20,992,783 |
95.79 |
922 770 |
4.21 |
|
Jasman Yee |
20,846,225 |
95.12 |
1,069,328 |
4.88 |
3. Appointment and remuneration of the statutory auditors
According to the proxies received and a vote by show of hands, the resolution concerning the appointment and remuneration of Manning Elliott LLP as auditors of the Company was adopted as follows:
|
vote for |
% For |
Votes withheld |
% Retained |
|
|
43,496,575 |
94.43 |
2,567,656 |
5.57 |
The Board appreciates the support of our shareholders.
The meeting of Pierre Bojtos to the chairman of the board
Mr. Pierre Bojtos was appointed Chairman of the Board of Avino with immediate effect. Peter has been a member of the Avino Board of Directors since June 2018. He is a professional engineer and geologist with over 50 years of global experience in the mining industry. He has extensive experience in corporate management and financing, as well as in all facets of the industry, from exploration to the feasibility study stage, including construction, operation and mine decommissioning.
Pierre is a graduate of the University of Leicester, England in 1972, after which he worked in surface iron mines and underground base metal and uranium mines in West Africa, United States and Canada. Subsequently, he worked in Toronto for Kerr Addison Mines Ltd., a Noranda Group company, in increasingly senior management and management positions for 12 years. After several years as CEO of various mining companies operating in the UNITED STATEScentral and South America, since 1996, Peter has acted as an independent director of numerous exploration and mining companies operating around the world. Additionally, he has also led a number of businesses over the past few years, such as the chairman of Pembridge Resources PLC which in 2019 acquired the Minto copper mine in yukon.
“I am delighted to welcome Pierre Bojtos as Chairman of the Board of Directors,” said David Wolfin, Chairman and CEO. “Peter’s wealth of experience at every stage of mining and his extensive leadership expertise will continue to be invaluable as we move forward in growth.”
“In addition, we would like to say thank you to Gary Robertson, who retired as Chairman of Avino’s Board of Directors after 12 years, and a member of the Board of Directors for 17 years. His insight and conversations will be missed by the entire Avino team, and we wish Gary and his family the best after his retirement.”
“Finally, we have great confidence in the future of Avino. With the acquisition of La Preciosa from Coeur Mining, several key people have joined our team and they bring their unique experiences. We have the strengths and, more importantly again, the people to continue on the path to achieving our goal of becoming a mid-tier producer.”
About Avino
Avino is primarily a silver producer from its wholly-owned Avino mine near Durango, Mexico. The Company’s silver, gold and copper production remains unhedged. The Company’s mission and strategy is to create shareholder value by focusing on the profitable organic growth of the historic Avino property and the strategic acquisition of exploration and mining properties. We are committed to managing all business activities in a safe, environmentally responsible and cost-effective manner, while contributing to the well-being of the communities in which we operate. We encourage you to connect with us on Twitter at @Avino and on LinkedIn at Avino Silver & Gold Mines. To view the VRIFY tour of the Avino mine, please click on here.
On behalf of the board
David Wolfin
________________________________
David Wolfin
President and CEO
Avino Silver & Gold Mines Ltd.
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SOURCE Avino Silver & Gold Mines Ltd.
