News
August 14, 2013
International Northair Mines Announces Voting Results of Annual General and Special Meeting
Vancouver, British Columbia, International Northair Mines Ltd. (TSXV: INM) ("Northair" or the "Company") announces the voting results at the annual general and special meeting of shareholders of Northair held on August 14, 2013.
Shareholders voted in favour of all items of business, including the election of each director nominee. Detailed results of the vote for the election of directors are as follows:
The Company's shareholders also approved the appointment of Davidson & Company LLP as the auditors of the Company; the increase to the Stock Option Plan; amendments to the Company's Articles to include advance notice and Notice-and-Access provisions; and amendment to the Company's share capital to create Preferred Shares.
About International Northair Mines Ltd.
Northair is a mineral exploration company engaged in the acquisition and development of gold and silver properties in Mexico. The Company is currently focused on advancing its La Cigarra silver project located in the state of Chihuahua, which currently hosts a NI 43-101 resource estimate of 50.4 million ounces of silver in the measured & indicated categories grading 76 g/t silver and 3.5 million ounces of silver in the inferred category grading 61 g/t silver constrained by a Whittle pit shell at an economic cutoff grade of 30 g/t silver (assuming metallurgical recoveries of 84% silver). The La Cigarra silver deposit also contains appreciable amounts of lead, zinc and gold.
ON BEHALF OF THE BOARD,
INTERNATIONAL NORTHAIR MINES LTD.
"Fred G. Hewett"
____________________________________
Fred G. Hewett, P.Eng.
President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release may contain forward looking statements which are not historical facts, such as statements regarding the use of proceeds, the closing date, ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See Northair's filings for a more detailed discussion of factors that may impact expected results.
This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Shareholders voted in favour of all items of business, including the election of each director nominee. Detailed results of the vote for the election of directors are as follows:
Nominee |
# Votes For |
% Votes For |
# Votes Withheld |
% Votes Withheld |
|---|---|---|---|---|
| Fred G. Hewett | 26,598,821 |
98.68 |
356,940 |
1.32 |
| Donald A. McLeod | 26,786,381 |
99.37 |
169,380 |
0.63 |
| Brian Irwin | 26,804,521 |
99.44 |
151,240 |
0.56 |
| Thomas Burkhart | 26,161,573 |
97.05 |
794,188 |
2.95 |
| Paul Dirksen | 25,941,493 |
96.24 |
1,014,268 |
3.76 |
| Ryan Schedler | 26,925,581 |
99.89 |
30,180 |
0.11 |
The Company's shareholders also approved the appointment of Davidson & Company LLP as the auditors of the Company; the increase to the Stock Option Plan; amendments to the Company's Articles to include advance notice and Notice-and-Access provisions; and amendment to the Company's share capital to create Preferred Shares.
About International Northair Mines Ltd.
Northair is a mineral exploration company engaged in the acquisition and development of gold and silver properties in Mexico. The Company is currently focused on advancing its La Cigarra silver project located in the state of Chihuahua, which currently hosts a NI 43-101 resource estimate of 50.4 million ounces of silver in the measured & indicated categories grading 76 g/t silver and 3.5 million ounces of silver in the inferred category grading 61 g/t silver constrained by a Whittle pit shell at an economic cutoff grade of 30 g/t silver (assuming metallurgical recoveries of 84% silver). The La Cigarra silver deposit also contains appreciable amounts of lead, zinc and gold.
ON BEHALF OF THE BOARD,
INTERNATIONAL NORTHAIR MINES LTD.
"Fred G. Hewett"
____________________________________
Fred G. Hewett, P.Eng.
President & CEO
For further information please contact Fred Hewett, President or
Chris Curran, Manager of Corporate Communications at 604-687-7545 or 1-888-338-2200
Website: www.northair.com/international/ Email: [email protected]
Chris Curran, Manager of Corporate Communications at 604-687-7545 or 1-888-338-2200
Website: www.northair.com/international/ Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release may contain forward looking statements which are not historical facts, such as statements regarding the use of proceeds, the closing date, ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See Northair's filings for a more detailed discussion of factors that may impact expected results.
This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.