SOURCE: Klondex Mines Ltd.

Klondex Mines Ltd.

June 21, 2013 09:21 ET

Klondex Announces Results of Annual and Special Meeting

ELKO, NV and VANCOUVER, BC--(Marketwired - Jun 21, 2013) -  Klondex Mines Ltd. ("Klondex" or the "Corporation") (TSX: KDX) (OTCQX: KLNDF) is pleased to announce the results of its annual and special meeting of shareholders (the "Meeting") held on June 18, 2013.

A total of 51,973,795 common shares were represented at the Meeting, representing 80.67% of the issued and outstanding common shares of the Corporation. All matters presented for approval at the Meeting were duly authorized and approved, as follows:

(i) setting the number of directors of the Corporation at six;
(ii) election of all management nominees to the board of directors of the Corporation;
(iii) appointment of Mackay LLP as auditors of the Corporation for the ensuing year and authorization of the directors to fix their remuneration;
(iv) approval of the share incentive plan of the Corporation; and
(v) approval of the advance notice policy of the Corporation.

Detailed voting results for the election of directors were as follows:

       
  Name Shares Voted For (By Proxy) Shares Withheld (By Proxy)
  Rodney Cooper 41,619,463 5,260,549
  James Haggarty 41,620,163 5,259,849
  Paul Huet 46,784,512 95,500
  William Matlack 41,620,163 5,259,849
  Larry Phillips 46,785,012 95,000
  Blair Schultz 41,498,163 5,381,849
       

Further details on the above matters, including the report of voting results thereon, are set forth in the Corporation's Meeting materials accessible on the Corporation's SEDAR corporate profile page.

About Klondex Mines Ltd. (www.klondexmines.com)
Klondex Mines is focused on the exploration and development of its Fire Creek gold deposit in North-Central Nevada. Fire Creek is a compelling gold project located in a mining-friendly jurisdiction, near major producers, power, transportation, mining infrastructure and its milling facility. At June 18, 2013, Klondex had 64.4M shares issued and outstanding and 85.8M shares, fully diluted.

This news release contains certain information that may constitute forward-looking information under applicable Canadian securities legislation. This forward-looking information entails various risks and uncertainties are based on current expectations, and actual results may differ materially from those contained in such information. These risks and uncertainties include, but are not limited to the risks and hazards associated with environmental compliance and permitting for its underground operations, the strength of the global economy; the price of gold; operational, funding and liquidity risks; the degree to which mineral resource estimates are reflective of actual mineral resources; the degree to which factors which would make a mineral deposit commercially viable are present. Risks and uncertainties about the Corporation's business are more fully discussed in the Corporation's disclosure materials filed with the securities regulatory authorities in Canada and available at www.sedar.com. Readers are urged to read these materials. Klondex assumes no obligation to update any forward-looking information or to update the reasons why actual results could differ from such information unless required by law.

Contact Information

  • Contact:
    Paul Huet
    President & CEO
    Klondex Mines Ltd.
    807-939-2841
    Email Contact

    Alison Tullis
    Manager, Investor Relations
    Klondex Mines Ltd.
    647-233-4348
    Email Contact

    Toni Trigiani
    Investor Relations
    Catalyst Global LLC
    212-924-9800
    Email Contact