Richmont elects new Directors

May 5, 2017 @ 14:53

Richmont Mines Inc. announces that the nominees listed in the management information circular for the 2017 Annual and Special Meeting of Shareholders held today were elected as directors of Richmont. Results of the vote for the election of directors, the appointment of auditors, the amended and restated shareholder rights plan and the advisory resolution on executive compensation are detailed below.

Nominee

Votes For

% For

Votes Withheld

% Withheld

René Marion

41,881,088

99.74

108,186

0.26

Renaud Adams

41,907,146

99.80

82,128

0.20

Elaine Ellingham

41,903,838

99.80

85,436

0.20

Michael Pesner

41,560,385

98.98

428,889

1.02

Peter Barnes

41,895,917

99.78

93,357

0.22

 

Voting results for the resolution approving the appointment of auditors are as follows:

Votes For

% For

Votes Withheld

% Withheld

47,202,972

98.68

633,482

1.32

 

Voting results for the amended and restated shareholder rights plan are as follows:

Votes For

% For

Votes Against

% Against

39,915,708

95.07

2,071,955

4.93

 

Voting results for the advisory resolution on executive compensation are as follows:

Votes For

% For

Votes Against

% Against

41,389,246

98.57

598,417

1.43

 

All final voting results from the Annual and Special Meeting will be filed on SEDAR at www.sedar.com.

About Richmont Mines Inc. - Richmont Mines currently produces gold from the Island Gold Mine in Ontario, and the Beaufor Mine in Quebec. The Corporation is also advancing development of the significant high-grade resource extension at depth of the Island Gold Mine in Ontario. With 35 years of experience in gold production, exploration and development, and prudent financial management, the Corporation is well-positioned to cost-effectively build its Canadian reserve base and to successfully enter its next phase of growth.

About Brenda Grundt