News

TriMetals Mining Inc. Announces Results of Annual Shareholders Meeting

May 20, 2015

May 20, 2015, Vancouver, British Columbia—TriMetals Mining Inc. (TSX: TMI and TMI.B, US OTCQX: TMIAF & TMIBF), is pleased to announce that all of the resolutions that shareholders were asked to consider at its 2015 Annual Meeting held in Toronto, Ontario, were approved.

The number of directors of the Company was set at nine and the nine directors named in the management information circular of the Company were elected. Voting on the election of directors was conducted by ballot and the results reported by the scrutineer of the meeting are set out below.

Nominee
Votes For
% For Votes
Votes Withheld
% Withheld
Ralph Fitch
46,283,654
98.72%
599,200
1.28%
Antonio Canton
46,216,522
98.58%
666,332
1.42%
Victor Dario
46,283,554
98.72%
599,300
1.28%
Paul Haber
46,284,154
98.72%
598,700
1.28%
Roman Mironchik
46,206,522
98.56%
676,332
1.44%
Paul Sheehan
44,446,690
94.75%
2,436,164
5.25%
Muqit Teja
44,379,458
94.60%
2,503,396
5.40%
Robert Van Doorn
46,216,522
98.58%
666,332
1.42%
Tina Woodside
46,294,054
98.75%
588,800
1.25%

Also, PricewaterhouseCoopers LLP, Chartered Accountants, were re-appointed as the auditors of the Company. Additional details are included in the report of voting results filed under the Company’s profile on SEDAR at www.sedar.com.

About TriMetals Mining Inc.

TriMetals Mining Inc. is a growth focused mineral exploration company creating value through the exploration and development of the near surface, Gold Springs gold-silver project in mining friendly Nevada and Utah in the U.S.A.; the advancement of the large scale Escalones copper-gold project in Chile; and realization of value from the expropriated Malku Khota project in Bolivia through an arbitration process.

The Company’s approach to business combines the team’s track record of discovery and advancement of large projects, key operational and process expertise, and a focus on community relations and sustainable development. Management has extensive experience in the global exploration and mining industry.
The Company’s common shares and Class B shares are listed on the Toronto Stock Exchange under the symbols “TMI” and “TMI.B” and the common shares and Class B shares also trade on the OTCQX market under the symbol “TMIAF” and “TMIBF”. Additional information related to TriMetals Mining Inc. is available at www.trimetalsmining.com and on SEDAR at www.sedar.com.

Forward-looking Statements

Certain statements contained herein constitute “forward-looking statements”. Forward-looking statements look into the future and provide an opinion as to the effect of certain events and trends on the business. Forward-looking statements may include words such as ““creating”, “advancement”, “realization”, and similar expressions. These forward- looking statements are based on current expectations and entail various risks and uncertainties. Actual results may materially differ from expectations, if known and unknown risks or uncertainties affect our business, or if our estimates or assumptions prove inaccurate. Factors that could cause results or events to differ materially from current expectations expressed or implied by the forward-looking statements, include, but are not limited to, uncertainties associated with the arbitration proceeding against Bolivia, including the advancement of the international arbitration process in a customary manner and in accordance with Procedural Order No. 1 (as amended in May 2015), the outcome of the international arbitration process including the timing and the quantum of damages to be obtained, management’s expectation with regard to the final amount of costs, fees and other expenses and commitments payable in connection with the arbitration, and any inability or delay in the collection of the value of any award or settlement; and risks of the mineral exploration industry which may affect the advancement of the Escalones or Gold Springs projects, including possible variations in mineral resources or grade, metal prices, availability of sufficient financing to fund further required work in a timely manner and on acceptable terms, timely receipt of required permits, availability of equipment and qualified personnel, failure of equipment or processes to operate as anticipated, road access to the property, changes in project parameters as plans continue to be refined; and other risks more fully described in the Company’s Annual Information Form filed and publicly available on SEDAR at www.sedar.com. The assumptions made in developing the forward-looking statements include: the ability of the Company to realize value from its investments in Bolivia; the arbitration proceeding in a customary manner and in accordance with Procedural Order No. 1 (as amended in May 2015) and the third party funder honoring its contractual commitments, the accuracy of current resource estimates and the interpretation of drill, metallurgical testing and other exploration results; the timely receipt of required permits for Escalones and Gold Springs projects; the continuing support for mining by local governments in Nevada, Utah and Chile, the availability of equipment and qualified personnel to advance the Escalones and Gold Springs projects; and the execution of the Company’s existing plans and further exploration and development programs for Escalones and Gold Springs Projects, which may change due to changes in the views of the Company or if new information arises which makes it prudent to change such plans or programs.

Readers are cautioned not to place undue reliance on the forward-looking statements contained in this news release. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason. Unless otherwise indicated, forward-looking statements in this news release describe the Company’s expectations as of May 20, 2015.

 

TriMetals Mining Inc. Contact:
Ralph Fitch
President & CEO
303.584.0606
ralphfitch@trimetalsmining.com

Matias Herrero
Chief Financial Officer
303.584.0606
mherrero@trimetalsmining.com

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