Capstone Mining Reports Annual General Meeting Voting Results

VANCOUVER, April 30, 2015 /CNW/ - Capstone Mining Corp. ("Capstone") (TSX: CS) today announced the voting results from its 2015 Annual General Meeting held Wednesday, April 29, 2015 in Vancouver, British Columbia.

A total of 245,139,891 common shares were voted at the meeting, representing 64.17% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:

Director

% of Votes in Favour

% of Votes Withheld

Lawrence I. Bell

99.27

0.73

George L. Brack

98.66

1.34

Chantal Gosselin

99.85

0.15

Soon Jin Kwon

99.85

0.15

Kalidas V. Madhavpeddi

93.09

6.91

Dale C. Peniuk

99.85

0.15

Darren M. Pylot

99.94

0.06

Richard N. Zimmer

97.46

2.54

 

Detailed voting results for the 2015 Annual General Meeting are available on SEDAR at www.sedar.com.  

About Capstone Mining Corp.

Capstone Mining Corp. is a Canadian base metals mining company, focused on copper. We are committed to the responsible development of our assets and the environments in which we operate. Our three producing mines are the Pinto Valley copper mine located in Arizona, US, the Cozamin copper-silver mine in Zacatecas State, Mexico and the Minto copper mine in Yukon, Canada. In addition, Capstone has two copper development projects; the large scale 70% owned copper-iron Santo Domingo project in Region III, Chile, in partnership with Korea Resources Corporation, and the 100% owned copper-zinc Kutcho project in British Columbia, Canada, as well as exploration properties in Chile. Using our cash flow and strong balance sheet as a platform, Capstone's strategy is to extend the lives of our current mines with mineral resource and reserve expansions, to advance the Santo Domingo development project, conduct focused exploration and grow through acquisitions in politically stable, mining-friendly regions. We will pace our growth with our financial capacity, ensuring we retain, as a priority, sufficient financial flexibility to meet the requirements of our existing operations and our committed development projects, while maintaining an adequate cushion to deal with market volatility and operating risks inherent in the mining industry. Our headquarters are in Vancouver, Canada and we are listed on the Toronto Stock Exchange (TSX). Further information is available at www.capstonemining.com.

SOURCE Capstone Mining Corp.

For further information: Cindy Burnett, VP, Investor Relations and Communications, 604-637-8157, cburnett@capstonemining.com

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