US Copper Production Targeted for Q4, 2019

2016 News

May 27, 2016 - Nevada Copper Corp. (TSX: NCU) ("Nevada Copper" or "Company") is pleased to announce the results from its 2016 Annual and Special Meeting (the "Meeting"), held on Friday, May 27th in Vancouver, B.C. Shareholders holding a total of 55,738,326 common shares of the Company attended the meeting in person or were represented by proxy, representing 69% of the total 80,501,458 common shares of the Company outstanding as of the record date. Shareholders voted in favour of all items of business before the Meeting, including the appointment of auditors, the election of all directors and the Pala Convertible Facility.

  1. Appointment of Auditor

    Smyth LLP was appointed as the Company's auditor and the directors were authorized to fix the auditor's remuneration.

  2. Determination of the Number of Directors

    The number of directors was determined at nine.

  3. Election of Directors

    The following persons were elected as Directors of the Company until the next annual shareholder meeting of the Company, with the voting results shown below:

    DirectorVotes For% ForVotes Against% Against
    Giulio Bonifacio 
    Victor Bradley 
    Michael Brown
    Lucio Genovese 
    Stephen Gill
    Joseph Giuffre 
    Evgenij Iorich 
    Paul Matysek 
    Bill Myckatyn 
    52,076,966 
    52,076,966 
    52,075,966 
    52,077,166 
    52,077,166
    52,076,966 
    52,076,666
    52,075,466
    52,075,466 
    99.76 
    99.76
    99.76
    99.76
    99.76
    99.76
    99.76
    99.75 
    99.75 
    126,800
    126,800
    127,800
    126,600
    126,600
    126,800
    127,100
    128,300
    128,300
    0.24
    0.24
    0.24
    0.24
    0.24
    0.24
    0.24
    0.25
    0.25
  4. Pala Convertible Facility

    An ordinary resolution to approve the convertible credit facility with Pala Investments Ltd. ("Pala"), as announced in the Company's news release of April 22, 2016, was passed. The ordinary resolution was approved by the shareholders of the Company other than Pala and its affiliates, with the following results:

    Disinterested Shareholder Vote Summary

     Votes 
    For
    Votes 
    Against
    Votes 
    Withheld
    Total Shares Voted
    Shares Voted11,731,575183,050011,914,625
    %98.5%1.5%0%100%

NEVADA COPPER CORP.

Giulio T. Bonifacio, President & CEO

For further information call:
Eugene Toffolo
VP, Investor Relations & Communications
Phone: 604-683-8266
Toll free: 1-877-648-8266
Email: etoffolo@nevadacopper.com

Robert McKnight, P.Eng., MBA
Executive Vice President & CFO
Phone 604-683-1309
Email: bmcknight@nevadacopper.com

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