June 22, 2018

Torex Announces the Results of Its 2018 Meeting of Shareholders

TORONTO, Ontario, June 22, 2018 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces the results of its 2018 annual and special meeting of shareholders (the “Meeting”) held in Toronto, Ontario on June 21, 2018.

Item 1. Election of Directors

At the Meeting, all director nominees listed in the Company’s management information circular (the “Circular”) dated May 10, 2018, were elected as directors of the Company. The detailed results of the vote by ballot are as follows:

Director

Vote Type

Number of Votes

Percentage of Votes

A. Terrance MacGibbon

For

61,758,567

96.23

 

Withheld

2,422,829

3.77

Andrew Adams

For

63,572,214

99.05

 

Withheld

609,182

0.95

James Crombie

For

45,461,318

70.83

 

Withheld

18,720,078

29.17

Frank Davis

For

63,854,699

99.49

 

Withheld

326,697

0.51

David Fennell

For

60,838,471

94.79

 

Withheld

3,342,925

5.21

Michael Murphy

For

61,550,375

95.90

 

Withheld

2,631,021

4.10

William M. Shaver

For

63,511,770

98.96

 

Withheld

669,626

1.04

Elizabeth A. Wademan

For

61,891,033

96.43

 

Withheld

2,290,363

3.57

Fred Stanford

For

64,132,379

99.92

 

Withheld

49,017

0.08

Item 2. Appointment of Auditor

By a vote by way of show of hands, KPMG LLP, Chartered Public Accountants, was re-appointed as auditors of the Company.

Item 3. Executive Compensation

On a vote by ballot, a non-binding advisory resolution was passed accepting the approach to executive compensation disclosed in the Circular and delivered in advance of the Meeting.

Votes For

% Votes For

Votes Against

% Votes Against

61,691,363

96.12

2,489,558

3.88

The formal report on voting results with respect to all matters voted upon at the Meeting will be filed on SEDAR at www.sedar.com. A copy of the presentation given at the Meeting will be available on the Company’s website at www.torexgold.com.

Torex is an intermediate gold producer based in Canada, engaged in the exploration, development and operation of its 100% owned Morelos Gold Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. The Company’s principal assets are the El Limón Guajes mining complex, comprised of the El Limón, Guajes and El Limón Sur open pits, the El Limón Guajes underground mine, and the Media Luna deposit, which is an early stage development project, and for which the Company issued a preliminary economic assessment in 2015. The property remains 75% unexplored.

For further information, please contact:

TOREX GOLD RESOURCES INC.
Fred Stanford
President and CEO
Tel.: (647) 260-1502
Email: fred.stanford@torexgold.com

Gabriela Sanchez
Vice President Investor Relations
Tel.: (647) 260-1503
Email: gabriela.sanchez@torexgold.com

You can view the Next News item:July 9th, 2018, Torex Announces Production Results For The Second Quarter

You can view the Previous News item:May 9th, 2018, Torex Announces Q1 2018 Financial and Operational Results

Back to the main News page, or press the Back button on your browser.