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Orla Mining Announces Voting Results from Its Annual Shareholder Meeting and Commencement of Early Warrant Exercise Incentive Program
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About this update from Orla Mining Ltd.
[{"type":"text","content":"Orla Mining Announces Voting Results from Its Annual Shareholder Meeting and Commencement of Early Warrant Exercise Incentive ProgramNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - Orla Mining Ltd. (TSX: OLA) (\"Orla\" or the \"Company\") is pleased to announce the voting results for the election of its Board of Directors, which took place at the Company's Annual and Special Meeting of Shareholders (\"AGM\") held today. All nominees as set forth in the Company's management proxy circular dated May 9, 2019 (\"Circular\") were elected as directors of Orla at the AGM. Detailed results of the votes are set out below:NomineeVotes For%Withheld%Charles Jeannes129,138,15799.73%354,6500.27%Richard Hall129,138,15799.73%354,6500.27%Jason Simpson129,138,15799.73%354,6500.27%Jean Robitaille129,484,15799.99%8,6500.01%George Albino129,138,05799.73%354,7500.27%Tim Haldane129,138,05799.73%354,7500.27%David Stephens129,138,05799.73%354,7500.27%Elizabeth McGregor129,484,15799.99%8,6500.01% The shareholders also approved: (1) the appointment of Davidson & Company LLP as auditors and authorized the Board of Directors to fix their remuneration; (2) amendments to the Company's existing Stock Option Plan; (3) amendments to the Company's Restricted Share Unit Plan; (4) amendments to the Company's Deferred Share Unit Plan; (5) implementation of the Company's Early Warrant Exercise Incentive Program. Results of the shareholder votes on these items are set forth below:Outcome of VoteVotes For%Withheld/Against%Appointment of AuditorsCarried131,114,385100.00%4,7390.00%Re-approval of Option PlanCarried125,046,68096.57%4,446,1273.43%Re-approval of RSU PlanCarried125,011,68096.54%4,481,1273.46%Re-approval of DSU PlanCarried128,966,68099.59%526,1270.41%Approval of Early Warrant Exercise programCarried83,982,930*99.40%509,8770.60%* Disinterested Shareholders votes. Excludes 45 million shares held by Shareholders holding warrants.Early Warrant Exercise Incentive Program to Commence June 13, 2019As previously announced on May 14, 2019, the Early Warrant Exercise Incentive Program (\"Incentive Program\") for the 6,737,500 warrants outstanding having an exercise pr...