Moneta Gold Inc. (TSX: ME) (OTCQX: MEAUF) (XETRA: MOP) (“Moneta” or the “Corporation”) announced the approval of each of the matters set out in the Corporation’s Management Information Circular (“Circular”) dated April 15, 2022 at the 2022 Annual General and Special Meeting of Shareholders held via webcast on June 2nd, 2022.
The total number of shares represented by shareholders present in person virtually and by proxy at the Meeting was 52,456,986, representing 55.23% of the Corporation’s outstanding shares.
Election of Directors
Each of the following eight director nominees proposed by management in the Circular was elected. The votes were cast as follows:
| Nominee | Votes For | % For | Votes Withheld | % Withheld |
| Mark N.J. Ashcroft | 49,933,359 | 97.47% | 1,296,207 | 2.53% |
| Rodney A. Cooper | 49,954,659 | 97.51% | 1,274,907 | 2.49% |
| Louis Gariepy | 50,903,956 | 99.36% | 325,610 | 0.64% |
| Alexander D. Henry | 50,940,622 | 99.44% | 288,944 | 0.56% |
| Krista Muhr | 50,907,019 | 99.37% | 322,547 | 0.63% |
| Gary V. O’Connor | 50,945,569 | 99.45% | 283,997 | 0.55% |
| Josef Vejvoda | 50,912,902 | 99.38% | 316,664 | 0.62% |
| Blair Zaritsky | 48,511,415 | 94.69% | 2,718,151 | 5.31% |
Appointment of Auditors
BDO Canada LLP was reappointed as auditor of the Corporation and the Directors were authorized to fix the auditor’s compensation. Results of the vote were as follows:
| Votes For | % For | Votes Withheld | % Withheld |
| 52,181,988 | 99.48% | 274,165 | 0.52% |
Approval of Omnibus Share Incentive Plan
The adoption of the Omnibus Share Incentive Plan, as described and attached to the Corporation’s Circular dated April 15, 2022, was ratified and approved. Results of the vote were as follows:
| Votes For | % For | Votes Against | % Against |
| 49,475,863 | 96.58% | 1,753,703 | 3.42% |
Mr. Vejvoda, Chairman, commented, “We are extremely pleased to welcome our newest Board member, Mr. Louis Gariepy, a geological engineer with over 30 years of mining experience, including substantial experience in Québec and Latin America. Mr. Gariepy is currently Vice President (“VP”) Exploration for O3 Mining Inc. (“O3 Mining”). Prior to joining O3 Mining, Mr. Gariepy served as Exploration Manager of Anglo American in Peru, and as Exploration Manager of IAMGOLD Corporation in Peru from 2005 to 2012, working on a wide array of projects in Latin America.” “Additionally, Mr. Gariepy will provide extensive insight and knowledge to Moneta’s technical committee,” Mr. Vejvoda continued.
Mr. José Vizquerra did not stand for re-election and will continue to serve as a Special Advisor to the Board of Moneta.
Mr. Gary O’Connor, Chief Executive Officer remarked, “On behalf of our entire Board of Directors, shareholders, employees, and other stakeholders, we would like to thank Mr. Vizquerra for his dedication and contribution to our success over the past year and a half. Drawing on his many years of operational and executive management experience in our industry, Mr. Vizquerra has been a strong contributor to our Board and has helped guide Moneta to become the success it is today. We are grateful that Mr. Vizquerra has agreed to stay on as a Special Advisor to the Board of Moneta. Moneta appreciates the support and ongoing commitment of O3 Mining.”
Mr. Vizquerra commented, “I have been truly honoured to serve on Moneta’s Board of Directors over the past year and a half. Moneta has a very unique and extensive gold deposit in one of the best mining districts in Canada. I welcome the opportunity to serve as a Special Advisor to the Corporation.”
About Moneta Gold
Moneta is a Canadian based gold exploration company focused on advancing its 100% wholly owned Tower Gold project, which currently hosts a gold mineral resource estimate of 4.3 Moz indicated and 7.5 Moz inferred. The Corporation’s 2022 drill program is primarily designed to infill and upgrade the resource categories of the mineral resources. An updated PEA study encompassing the entire Tower Gold project is planned to be completed in H2, 2022. Moneta is committed to creating shareholder value through the strategic allocation of capital and a focus on the current resource expansion drilling program, while conducting all business activities in an environmentally and socially responsible manner.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gary V. O’Connor, CEO
416-357-3319
Linda Armstrong, Investor Relations
647-456-9223
The Corporation’s public documents may be accessed at www.sedar.com. For further information on Moneta Gold, please visit our website at www.monetagold.com or email us at info@monetagold.com.
