Gatos Silver, a leading silver exploration and production company, recently held its Annual Meeting of stockholders where they reported successful results and a positive outlook for growth. With a strong show of support from stockholders, the company is poised to continue its upward trajectory.
During the meeting, all items of business were approved by an overwhelming majority of stockholders. A total of 57,943,220 votes were cast or represented by proxy, reflecting 83.78% of the outstanding shares. Of particular note was the election of directors, with a total of 53,617,959 votes in favor.
In addition to the election of directors, Ernst & Young LLP was ratified as the independent registered public accounting firm for Gatos Silver for both 2022 and 2023. This decision received strong support from stockholders, with 57,269,555 votes in favor.
Gatos Silver is a company focused on exploration, development, and production in the silver and zinc-rich mineral district of southern Chihuahua State, Mexico. Through its 70% ownership of the Los Gatos Joint Venture (LGJV), the company operates the Cerro Los Gatos mine and strives for growth and development in the region. The LGJV boasts approximately 103,000 hectares of mineral rights and is home to numerous silver-zinc-lead epithermal mineralized zones.
This successful Annual Meeting signifies a vote of confidence from stockholders in Gatos Silver’s strategic direction and growth plans. With a strong foundation in place, the company is well-positioned to continue its exploration, development, and production activities in the promising Los Gatos district.
Gatos Silver’s commitment to maximizing its silver resources and capitalizing on the untapped potential of the region bodes well for its future success. As the company leverages its expertise and resources, shareholders can expect to see continued growth and value creation.
