Foran Announces Results of Annual General Meeting for Shareholders
Press Release
Vancouver, BC (May 8, 2025) 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 197,816,872 115,061 Carried
Company for the ensuing year and to (99.9%) (0.1%)
authorize Directors to fix their
remuneration
Number of Directors For Against Outcome
Set the number of directors at eight 197,929,428 2,505 Carried
(8) (100.0%) (0.0%)
Election of Directors For Withheld Outcome
Elect the following nominees as
directors of the Company
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).
www.foranmining.com
FOR ADDITIONAL INFORMATION & MEDIA ENQUIRIES:
Foran:
Jonathan French, CFA
VP, Capital Markets & External Affairs
409 Granville Street, Suite 904
Vancouver, BC, Canada, V6C 1T2
ir@foranmining.com
+1 (604) 488-0008
IBF4
