Press release from CNW Group
Scorpio Mining Reports Voting Results of Election of Directors
Thursday, June 13, 2013
Scorpio Mining Reports Voting Results of Election of Directors22:40 EDT Thursday, June 13, 2013
TORONTO, June 13, 2013 /CNW/ - Scorpio Mining Corporation (TSX: SPM) ("Scorpio" or the "Company") announced today that each of the five nominees proposed as directors and listed in its management information circular dated May 6, 2013 was elected as a director of the Company at the Company's annual and special meeting of shareholders held on June 13, 2013. The detailed results of the vote are set out below.
|Director Nominee||Votes For||% For||
|Peter J. Hawley||63,558,546||76.61%||19,400,228||23.39%|
|Jonathan A. Berg||64,025,418||77.18%||18,933,356||22.82%|
At the meeting, the Company's shareholders also approved the renewal of the Company's stock option plan and the amendment to the Company's By-laws, as set out in the Company's management information circular dated May 6, 2013.
Scorpio Mining Corporation is a silver producer operating in Mexico with significant base metal by-product credits. The 100% owned Nuestra Señora Mine in the Cosalá District of Sinaloa State, Mexico, has flexible mining methods and diversified metal production. It has a fully mechanized underground operation and a processing facility with permitted capacity for expansion to 4,000 tonnes per day. The plant produces zinc, copper and lead concentrates, with a significant payable silver component in the copper and lead concentrates.
In addition, the Company has numerous exploration targets in the vicinity of its current operations as well as the advanced El Cajón and San Rafael development projects. The Company's strategy for near-term growth is currently focused on mine development of the El Cajón deposit upon receipt of permitting.
Scorpio Mining's President and CEO, Mr. Pierre Lacombe, Eng., is a Qualified Person as defined under National Instrument 43-101 and has reviewed the content of this release.
ON BEHALF OF SCORPIO MINING CORPORATION
President & CEO
SOURCE: Scorpio Mining Corporation
For further information:
Victoria Vargas, Vice President Investor Relations and Corporate Communications +1 416-585-2200
Rich Kaiser, YES International: 1-800-631-8127; 001-757-306-6090 (outside North America)