In This Article:
VANCOUVER, BC, May 8, 2025 /CNW/ - Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to announce the voting results from the Company's annual general meeting of shareholders of the Company held on May 8th, 2025 (the "Meeting").
A total of 197,931,933 common shares of the Company were represented at the Meeting, representing 50.3% of the Company's outstanding common shares as at the record date of March 24, 2025. Shareholders voted in favour of all matters brought before them at the Meeting, which matters are discussed in detail in the Company's Management Information Circular dated March 24, 2025 that is available on SEDAR+ at www.sedarplus.ca and the Company's website at www.foranmining.com.
The following voting results are based on the total number of votes that were cast at the Meeting:
| Appointment of Auditors | For | Withheld | Outcome |
| Appoint KPMG LLP, Auditors of the | 197,816,872 (99.9%) | 115,061 (0.1%) | Carried |
| Number of Directors | For | Against | Outcome |
| Set the number of directors at eight (8) | 197,929,428 (100.0%) | 2,505 (0.0%) | Carried |
| Election of Directors | For | Withheld | Outcome |
| Elect the following nominees as | | | |
| Maurice Tagami | 196,855,064 (99.5 %) | 1,076,869 (0.5 %) | Carried |
| David Petroff | 195,378,130 (98.7 %) | 2,553,803 (1.3 %) | Carried |
| Daniel Myerson | 196,039,211 (99.0 %) | 1,892,722 (1.0 %) | Carried |
| Wayne Wouters | 158,196,862 (79.9 %) | 39,735,071 (20.1 %) | Carried |
| Majd Bakar | 196,991,731 (99.5 %) | 940,202 (0.5 %) | Carried |
| Jessica McDonald | 196,890,064 (99.5 %) | 1,041,869 (0.5 %) | Carried |
| Nancy Guay | 196,970,065 (99.5 %) | 961,868 (0.5 %) | Carried |
| Marie Inkster | 196,889,164 (99.5 %) | 1,042,769(0.5 %) | Carried |
A report on all items of business voted at the Meeting has been filed on SEDAR+ (www.sedarplus.ca).
About Foran Mining
Foran Mining is a copper-zinc-gold-silver exploration and development company, committed to supporting a greener future and empowering communities while creating value for our stakeholders. The McIlvenna Bay project is located within the documented traditional territory of the Peter Ballantyne Cree Nation, comprises the infrastructure and works related to development activities of the Company, and hosts the McIlvenna Bay Deposit and Tesla Zone. The Company also owns the Bigstone Deposit, a resource-development stage deposit located 25 km southwest of the McIlvenna Bay Property.