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Pan American Silver announces results of annual shareholders meeting
Canada NewsWire
VANCOUVER

VANCOUVER, May 12, 2015 /CNW/ - Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) ("Pan American", or the "Company") is pleased to announce the voting results from its annual general and special meeting of shareholders held on Monday, May 11, 2015 in Vancouver, British Columbia.

A total of 108,494,058 shares were represented at the meeting, being 71.55% of the Company's issued and outstanding common shares.  Shareholders voted in favour of all matters brought before the meeting, including the appointment of auditors for the ensuing year and the authorization of the directors to fix the remuneration payable to the auditors, the acceptance of the Company's approach to executive compensation, otherwise known as say-on-pay, the amendments to the Company's 2010 Stock Option and Compensation Share Plan, and the election of management's nominees as directors. 

Director Voting

Detailed results of the vote for the election of directors are provided below:

Director Nominee

Votes For

Votes Withheld

Ross J. Beaty

68,979,650 (94.37%)

4,115,332 (5.63%)

Geoffrey A. Burns

72,104,141 (98.64%)

990,891 (1.36%)

Michael Carroll

72,091,255 (98.63%)

1,003,788 (1.37%)

Christopher Noel Dunn

68,459,239 (93.66%)

4,635,743 (6.34%)

Neil de Gelder

67,805,196 (92.76%)

5,289,847 (7.24%)

Davd C. Press

71,956,718 (98.44%)

1,138,325 (1.56%)

Walter Segsworth

72,082,890 (98.62%)

1,012,153 (1.38%)

 

Say-on-Pay Voting

Detailed results of the vote for the advisory resolution on the Company's approach to executive compensation are provided below:

Resolution

Votes For

Votes Against

Advisory resolution approving the

Company's approach to executive
compensation

69,912,650 (95.65%)

3,181,965 (4.35%)

 

Stock Option and Compensation Share Plan Voting

Detailed results of the vote for the ordinary resolution to amend the Company's 2010 Stock Option and Compensation Share Plan provided below:

Resolution

Votes For

Votes Against

Ordinary resolution to amend the
Company's 2010 Stock Option and
Compensation Share Plan

65,254,322 (89.27%)

7,840,291 (10.73%)

 

About Pan American Silver

Pan American Silver's mission is to be the world's pre-eminent silver producer, with a reputation for excellence in discovery, engineering, innovation and sustainable development.  The Company has seven operating mines in Mexico, Peru, Argentina and Bolivia.  Pan American also owns several development projects in the USA, Mexico, Peru and Argentina.

SOURCE Pan American Silver Corp.

Previous news releases issued by Pan American Silver can be found on sedar at www.sedar.com