Moneta Reports Voting Results from Annual Meeting

TIMMINS, ON, July 4, 2017 /CNW/ - 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:

Nominee

Votes For

Percent

Withheld

Percent

Warren Bates

81,569,033

91.22%

7,852,867

8.78%

Kevin Heather

85,330,033

95.42%

4,091,867

4.58%

Alex D. Henry

85,323,983

95.42%

4,097,917

4.58%

Gary O'Connor

83,810,358

93.72%

5,611,542

6.28%

Ian C. Peres

78,024,358

87.25%

11,397,542

12.75%

Patricia Sheahan

79,591,383

89.01%

9,830,517

10.99%

Mark Wayne

85,329,233

95.42%

4,092,667

4.58%

Final voting results, on all matters voted on at the Meeting, are available on SEDAR at www.sedar.com.

About Moneta
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.   

Moneta's public documents may be accessed at www.sedar.com.  For further information on Moneta, please visit our website at www.monetaporcupine.com or email us at info@monetaporcupine.com.

SOURCE Moneta Porcupine Mines Inc.

For further information: Ian C. Peres, President & Co-CEO, 416-579-3040 (Toronto), 705-264-2296 (Timmins), iperes@monetaporcupine.com

RELATED LINKS
http://www.monetaporcupine.com

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