VANCOUVER , May 14, 2013 /CNW/ - Pan American Silver Corp. (PAAS:NASDAQ) (PAA:TSX) (the "Company") hereby announces the voting results from its annual general and special meeting of shareholders held on Monday, May 13, 2013 in Vancouver , British Columbia.
A total of 108,743,712 shares were represented at the meeting, being 71.82% of the Company's issued and outstanding common shares. Shareholders voted in favour of all matters brought before the meeting, including the appointment of auditors for the ensuing year and the authorization of the directors to fix the remuneration payable to the auditors, the acceptance of the Company's approach to executive compensation, otherwise known as say-on-pay, and the election of management's nominees as directors.
Director Voting
Detailed results of the ballot vote for the election of directors are
provided below:
| Director Nominee | Votes For | Votes Withheld |
| Ross Beaty | 76,247,869 (95.36%) | 3,708,943 (4.64%) |
| Geoffrey A. Burns | 76,746,078 (95.98%) | 3,210,734 (4.02%) |
| Michael Carroll | 79,366,867 (99.26%) | 589,945 (0.74%) |
| Christopher Noel Dunn | 76,498,199 (95.67%) | 3,458,613 (4.33%) |
| Neil de Gelder | 76,718,219 (95.95%) | 3,238,593 (4.05%) |
| Robert Pirooz | 75,063,994 (93.88%) | 4,892,818 (6.12%) |
| David C. Press | 79,390,713 (99.29%) | 566,100 (0.71%) |
| Walter Segsworth | 77,731,343 (97.22%) | 2,225,470 (2.78%) |
Say-on-Pay Voting
Detailed results of the ballot vote for the advisory resolution on the
Company's approach to executive compensation are provided below:
| Resolution | Votes For | Votes Against |
|
Advisory resolution approving the Company's approach to executive compensation |
75,609,241 (94.58%) | 4,332,881 (5.42%) |
About Pan American Silver
Pan American Silver's mission is to be the world's pre-eminent silver
producer, with a reputation for excellence in discovery, engineering,
innovation and sustainable development. The Company has seven
operating mines in Mexico , Peru , Argentina and Bolivia , including the
recently acquired Dolores gold/silver mine in Chihuahua, Mexico. Pan
American also owns the La Virginia and La Bolsa development projects in
Sonora, Mexico, the Waterloo silver project in California, USA, the
Pico Machay gold project in Peru , as well as both the Navidad silver
project and Calcatreu gold project in Argentina.
SOURCE: Pan American Silver Corp.
Information Contact
Kettina Cordero
Manager, Investor Relations
(604) 684-1175
info@panamericansilver.com
www.panamericansilver.com
