(TSX: TVI) - 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:
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID(equal sign)2676520
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.