| | Published : June 01st, 2016 | Jun 01, 2016 Avino Reports Voting Results of Annual General and Special Meeting...more |
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| Jun 01, 2016 Avino Reports Voting Results of Annual General and Special Meeting...more | |
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Avino Silver & Gold Mines Ltd. ('Avino' or the 'Company') is pleased to report voting results in accordance with Section 11.3 of NI 51-102 Continuous Disclosure Obligations. This report briefly describes the matters voted upon and the outcome of the votes at the Annual General and Special Meeting of Shareholders of the Company held on May 27, 2016:
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Setting the Number of Directors at Five
According to proxies received and a vote conducted by a show of hands, the resolution regarding the setting of the number of Directors at five was passed as follows:
Votes For
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% For
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Votes Against
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% Against
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15,910,081
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97.84
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350,837
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2.16
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Election of Directors
According to proxies received and a vote conducted by a show of hands, the following directors were elected to the board of directors of the Company as follows:
Director Nominee
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Votes For
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% For
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Votes Withheld
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% Withheld
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Michael Baybak
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5,899,649
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98.71
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77,318
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1.29
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Ross Glanville
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4,835,909
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80.91
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1,141,058
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19.09
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Gary Robertson
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4,830,243
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80.81
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1,146,724
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19.19
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David Wolfin
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5,887,374
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98.50
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89,593
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1.50
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Jasman Yee
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5,896,791
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98.66
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80,176
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1.34
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Appointment and Remuneration of Auditor
According to proxies received and a vote conducted by a show of hands, the resolution regarding the appointment and remuneration of Manning Elliott LLP as the Company's auditors was passed as follows:
Votes For
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% For
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Votes Against
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% Against
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16,020,250
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98.52
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240,669
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1.48
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Approval of 10% Rolling Stock Option Plan
According to proxies received and votes conducted by a show of hands, the ordinary resolutions of disinterested shareholders regarding the approval of the Rolling Stock Option Plan were passed by a majority of shareholders as follows.
Votes For
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% For
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Votes Against
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% Against
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2,835,292*
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67.07
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1,392,126
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32.93
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*Excluding 1,749,549 shares held by Insiders
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Approval of Restricted Share Unit Plan
According to proxies received and votes conducted by a show of hands, the ordinary resolutions of disinterested shareholders regarding the approval of the Restricted Share Unit Plan were passed by a majority of shareholders as follows.
Votes For
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% For
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Votes Against
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% Against
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2,854,746*
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67.53%
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1,372,672
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32.47
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*Excluding 1,749,549 shares held by Insiders
The Board of Directors appreciate the support of our shareholders.
Avino's mission is to create shareholder value through profitable organic growth at the historic Avino property near Durango, Mexico, and the Bralorne property in southwestern British Columbia, Canada. We are committed to managing all business activities in an environmentally responsible and cost-effective manner while contributing to the well-being of the communities in which we operate.
Safe Harbor Statement - This news release contains 'forward-looking information' and 'forward-looking statements' (together, the 'forward looking statements') within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995, including our belief as to the extent and timing of various studies including the PEA, and exploration results, the potential tonnage, grades and content of deposits, timing and establishment and extent of resources estimates. These forward-looking statements are made as of the date of this news release and the dates of technical reports, as applicable. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. While we have based these forward-looking statements on our expectations about future events as at the date that such statements were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements.
Such factors and assumptions include, among others, the effects of general economic conditions, the price of gold, silver and copper, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgments in the course of preparing forward-looking information. In addition, there are known and unknown risk factors which could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors include risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; uncertainties and risks related to carrying on business in foreign countries; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain of our officers, directors or promoters of with certain other projects; the absence of dividends; currency fluctuations; competition; dilution; the volatility of the our common share price and volume; tax consequences to U.S. investors; and other risks and uncertainties. Although we have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. We are under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.
Cautionary Note to United States Investors - The information contained herein and incorporated by reference herein has been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of United States securities laws. In particular, the term 'resource' does not equate to the term 'reserve'. The Securities Exchange Commission's (the 'SEC') disclosure standards normally do not permit the inclusion of information concerning 'measured mineral resources', 'indicated mineral resources' or 'inferred mineral resources' or other descriptions of the amount of mineralization in mineral deposits that do not constitute 'reserves' by SEC standards, unless such information is required to be disclosed by the law of the Company's jurisdiction of incorporation or of a jurisdiction in which its securities are traded. U.S. investors should also understand that 'inferred mineral resources' have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. Disclosure of 'contained ounces' is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute 'reserves' by SEC standards as in place tonnage and grade without reference to unit measures.
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 release.
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Avino Silver and Gold Mines
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PRODUCER |
CODE : ASM.V |
ISIN : CA0539061030 |
CUSIP : 460374 10 1 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Avino Silver is a silver and gold producing company based in Canada. Avino Silver holds various exploration projects in Canada. Its main asset in production is AVINO MINE in Mexico and its main exploration properties are MINTO, OLYMPIC-KELVIN, EAGLE and AUMAX in Canada. Avino Silver is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 96.5 millions as of today (US$ 77.7 millions, € 64.6 millions). Its stock quote reached its highest recent level on March 07, 1997 at CA$ 4.50, and its lowest recent point on October 24, 2008 at CA$ 0.18. Avino Silver has 52 440 000 shares outstanding. |
Annual reports of Avino Silver and Gold Mines |
Option Grants of Avino Silver and Gold Mines |
Financials of Avino Silver and Gold Mines |
Project news of Avino Silver and Gold Mines |
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Corporate news of Avino Silver and Gold Mines |
6/29/2016 | Jun 29, 2016 Avino Announces Extension of Concentrates Prepa... |
6/13/2016 | Jun 13, 2016 Avino Reports New Power Line Energized And Fina... |
6/6/2016 | Jun 06, 2016 Avino Declares Commercial Production at its Sec... |
6/1/2016 | Jun 01, 2016 Avino Reports Voting Results of Annual General ... |
5/20/2016 | May 20, 2016 Avino Announces Proceeds to Date from the At-Th... |
5/17/2016 | May 16, 2016 Avino Reports Q1 2016 Financial Results...more |
1/18/2016 | Jan 18, 2016 Avino Production Up 116% Over 2014 To 3,020,348... |
1/18/2016 | Avino production up 116% over 2014 to 3,020,348 oz silver eq... |
11/4/2015 | Nov 03, 2015 Third Quarter 2015 Financial Results to be Rele... |
11/3/2015 | Third Quarter 2015 Financial Results to be Released on Novem... |
10/13/2015 | Oct 13, 2015 Avino Third Quarter 2015 Production Up 148 % Co... |
10/13/2015 | Avino third quarter 2015 production up 148 % compared to the... |
9/28/2015 | Sep 28, 2015 Avino Commences Concentrate Shipments Under Sam... |
9/28/2015 | Avino commences concentrate shipments under Samsung agreemen... |
8/19/2015 | Avino Reports Q2 2015 Financial Results: Earnings of $361,65... |
8/19/2015 | Aug 18, 2015 Avino Reports Q2 2015 Financial Results: Earnin... |
8/17/2015 | Aug 17, 2015 Avino Announces Closing of Concentrates Prepaym... |
8/17/2015 | Avino announces closing of concentrates prepayment agreement... |
8/4/2015 | Avino Silver & Gold Mines Ltd.: Second Quarter 2015 Financia... |
8/3/2015 | Zacks Investment Ideas feature highlights: Avino Silver and ... |
7/20/2015 | Jul 20, 2015 Avino Sample Results Confirm New Mineralization... |
7/20/2015 | Avino Sample Results Confirm New Mineralization on Levels 3 ... |
7/13/2015 | Jul 13, 2015 Avino Q2 2015 Production Up 167% Compared to Q2... |
7/13/2015 | Avino Q2 2015 Production Up 167% Compared to Q2 2014 |
7/9/2015 | Jul 09, 2015 Avino Announces Concentrates Prepayment Agreeme... |
7/9/2015 | Avino Announces Concentrates Prepayment Agreement With Samsu... |
6/22/2015 | Jun 22, 2015 Avino Reports Results from 2014 / 2015 Bralorne... |
6/22/2015 | Avino Reports Results From 2014 / 2015 Bralorne Gold Mine Dr... |
4/13/2015 | Apr 13, 2015 Avino Q1 2015 Production Up 101% Compared To Q1... |
4/13/2015 | Avino Q1 2015 Production Up 101% Compared to Q1 2014 |
3/23/2015 | Avino Reports 2014 Financial Results of $2,514,169, $0.08 Pe... |
3/17/2015 | Mar 17, 2015 Fourth Quarter and Year End 2014 Financial Resu... |
3/17/2015 | Avino Silver & Gold Mines Ltd.: Fourth Quarter and Year End ... |
3/17/2015 | & Gold Mines Ltd.: Fourth Quarter and Year End 2014 Financia... |
11/4/2013 | Completes Level 5 Sampling at San Gonzalo |
10/1/2013 | & Gold Mines Ltd.: San Gonzalo Mine-Level 5 Underground Deve... |
9/16/2013 | San Gonzalo Update |
8/30/2013 | Reports Q2, 2013 Net Earnings of $1.45 Million "$0.05" per S... |
8/13/2013 | Retains Consulting Mining Engineer |
7/29/2013 | Recognized With Safety Award |
7/24/2013 | Files Technical Report on SEDAR |
7/12/2013 | & Gold Mines Ltd.: Re-Pricing of Insiders' Stock Option |
7/5/2013 | Announces Results of Annual General and Special Meeting |
5/6/2013 | Reports Earnings for First Quarter of Commercial Production ... |
4/29/2013 | Doubles Processing Capacity to 500 Tonnes Per Day With Secon... |
4/23/2013 | Announces Implementation of Shareholder Rights Plan |
2/5/2013 | Provides 2012 Year End Summary and Outlook for 2013 |
1/29/2013 | Samples Further High Grade at San Gonzalo Mine |
12/11/2012 | & Gold Mines Ltd.: Appointment of Chief Operating Officer |
11/1/2012 | Samples 14,768 g/t Ag Over 0.4 m at San Gonzalo Mine |
9/19/2012 | Operational Update |
7/31/2012 | AVINO SILVER & GOLD MINES LTD. ENTERS INTO OPTION AGREEMENT ... |
7/27/2012 | Avino Silver & Gold Mines Ltd. Resume Trading |
7/18/2012 | AVINO SILVER & GOLD MINES LTD: CLARIFICATION AND RETRACTION... |
6/12/2012 | Avino Silver & Gold Mines - Proxy Vote Reminder |
7/18/2011 | Makes Further Progress at San Gonzalo and Guadalupe |
7/11/2011 | REPORTS RESULTS OF SAN GONZALO BULK SAMPLE |
6/9/2011 | COMPLETES SAN GONZALO BULK SAMPLING PROGRAM |
4/6/2011 | Sells First 200 Tonnes of Concentrate From San Gonzalo Bulk ... |
7/28/2010 | Featured in the Midas Letter |
6/22/2010 | Releases New Corporate Video |
5/28/2010 | At the 2010 World Resource Conference in Vancouver |
5/5/2010 | At the 2010 New York Hard Assets Conference May 10-11, 2010 |
3/4/2010 | & Gold Mines Ltd - SAN GONZALO BULK SAMPLING PROGRAM UPDATE |
1/28/2010 | & Gold Mines Ltd - San Gonzalo - Bulk Sample Update |
12/1/2009 | Prepares For The 10.000 Tonne Bulk Sample |
10/13/2009 | Reports on Progress Towards Bulk Sampling and Production |
6/11/2009 | Update |
2/17/2009 | & GOLD MINES LTD. - NEWS RELEASE |
11/25/2008 | & Gold MInes Ltd - News Release |
11/14/2008 | MEGA SILVER OPTIONS EAGLE VEIN PROPERTY KENO HILL, YUKON |
9/10/2008 | to Attend 2008 Silver Summit |
8/5/2008 | Reports On Progress Towards Bulk Sampling Program |
7/25/2008 | Reports 4.75 Million Ounce Silver Resource From San Gonzalo ... |
6/5/2008 | TO EXHIBIT AT CAMBRIDGE HOUSE VANCOUVER 2008 |
9/14/2007 | & Gold Mines, David Morgan to attend Silver Summit 2007 |
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