Waymar Resources Ltd.
TSX VENTURE : WYM

Waymar Resources Ltd.

June 27, 2014 20:07 ET

Waymar Resources Announces Voting Results of Annual General and Special Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2014) - Waymar Resources Ltd. (TSX VENTURE:WYM) ("Waymar" or the "Company") is pleased to announce the voting results of its 2014 Annual General and Special Meeting (the "Meeting") held earlier today.

Fix number of Directors

The ordinary resolution fixing the number of directors at 4 was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows:

Number of Shares Percentage of Votes Cast
For Against Withheld/Abstain For Against Withheld/Abstain
24,870,657 0 0 100.00% 0.00% 0.00%

Election of Directors

All nominees listed in the management proxy circular for the Meeting were elected as directors of the Company. Shareholders present in person or represented by proxy at the Meeting voted as follows:

Number of Shares Percentage of Votes Cast
Nominee For Against Withheld/
Abstain
For Against Withheld/
Abstain
Pablo Marcet 23,108,534 0 0 100.00% 0.00% 0.00%
Horng Dih Lee 23,108,534 0 0 100.00% 0.00% 0.00%
David Schmidt 23,108,534 0 0 100.00% 0.00% 0.00%
Howard Hanick 23,108,534 0 0 100.00% 0.00% 0.00%

Appointment of Auditors

BDO Canada LLP were appointed auditors of the Company to hold office until the close of the next annual general meeting of the Company, and the directors of the Company were authorized to fix the remuneration of the auditors. Shareholders present in person or represented by proxy at the Meeting voted as follows:

Number of Shares Percentage of Votes Cast
For Against Withheld/Abstain For Against Withheld/Abstain
24,870,657 0 0 100.00% 0.00% 0.00%

Stock Option Plan

The resolution ratifying, confirming and approving the adoption of the Company's existing Stock Option Plan was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows:

Number of Shares Percentage of Votes Cast
For Against Withheld/Abstain For Against Withheld/Abstain
21,608,534 1,500,000 0 93.51% 6.49% 0.00%

Plan of Arrangement

The special resolution ratifying, confirming and approving the Plan of Arrangement in connection with the acquisition by Orosur Mining Inc. all of the issued and outstanding common shares of the Company was approved. Shareholders present in person or represented by proxy at the Meeting voted as follows:

Number of Shares Percentage of Votes Cast
For Against Withheld/Abstain For Against Withheld/Abstain
23,086,534 22,000 0 99.90% 0.10% 0.00%

Total shares issued and outstanding - 49,245,170

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