- Board of Directors receives strong support for re-election
- Webcast of corporate presentation available online
CALGARY, May 29 /CNW/ - TVI Pacific Inc (TSX: "TVI" or the "Company")
announces that shareholders approved all resolutions brought before them at
the Company's Annual General Meeting of Shareholders. A total of 160,596,973
shares were represented in person or by proxy at the meeting, representing
approximately 34.41% of the Company's outstanding shares. TVI's Annual General
Meeting was held May 28h, 2009, at the Calgary Petroleum Club.
The following Board members stood for election and were duly re-elected:
Clifford M. James, Robert C. Armstrong, C. Brian Cramm, Jan R. Horejsi, and
Peter C.G. Richards. These individuals will hold office until the next TVI
annual meeting. Of the 153,921,864 votes cast, 99.13% were in favour of the
election of the directors, while 0.87% were withheld.
In addition, PricewaterhouseCoopers LLP was re-appointed as the external
auditor of the Company and will hold office until the next annual meeting at
such remuneration as may be determined by the directors of the Company.
Approximately 99.64% of the 153,921,865 votes cast supported the appointment
of the auditors and 0.36% were withheld.
"We thank all shareholders who attended the meeting in person or by
proxy," stated Cliff James, TVI's President and CEO. "It was our pleasure to
provide an update regarding the production operations at the Canatuan Mine and
to look ahead at the activities planned for the Balabag gold project and our
North Zamboanga tenements. We hope that this year will continue to be fruitful
for TVI and its shareholders."
For those who were not able to listen to the live webcast of the
corporate presentation on the day of the event, an archive and podcast have
been made available at:
About TVI Pacific Inc. (TSX: TVI)
TVI Pacific Inc. is a publicly traded Canadian mining company focused on
exploring for, developing and producing precious and base metals within
district-scale systems in the Philippines. The Company's interest in the
Canatuan Mine and its other Philippine assets are held through its affiliate,
TVI Resource Development (Phils.) Inc.
The Toronto Stock Exchange has neither approved nor disapproved of the
information contained herein.
For further information:
For further information: Investor Relations, (403) 265-4356 or