Euro Sun Announces 2021 Annual Meeting Results

TORONTO, June 21, 2021 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) reports, in accordance with the policies of the Toronto Stock Exchange, that all matters submitted to shareholders for approval as set out in detail in the Management Information Circular dated May 13, 2021 for the 2021 Annual and Special Meeting of shareholders of the Company (the “Meeting”) were approved by the requisite majority of votes cast at the Meeting. A total of 50,870,977 common shares of the Company were represented by shareholders in person or by proxy at the Meeting, representing 29.71% of the Company’s issued and outstanding common shares.

Specifically, shareholders voted to approve:

• Election of the Board of Directors;

• Re-appointment of McGovern Hurley LLP as the Company’s external auditors for 2021; and

• The Share Incentive Plan.
  

Detailed results of the voting are set out below:

Election of Directors

The shareholders approved the election as directors of the persons listed below, based on the following vote.

Name of Nominee	Votes For	%	Votes Withheld	%
G. Scott Moore	44,336,488	92.014	3,848,201	7.986
Eva Bellissimo	45,029,195	93.451	3,155,494	6.549
Danny Callow	46,701,060	96.921	1,483,629	3.079
David C. Danziger	45,199,038	93.804	2,985,651	6.196
Bruce Humphrey	44,886,716	93.156	3,297,973	6.844
Paul J. Perrow	45,187,109	93,779	2,997,580	6.221
Peter Vukanovich	45,334,684	94.085	2,850,005	5.915

Re-Appointment of Auditors

	Number of Votes	Percentage of Votes
FOR	49,628,390	97.557%
WITHHELD	1,242,587	2.443%
Total	50,870,977	100.00%

Approval of the Company’s Share Incentive Plan

	Number of Votes	Percentage of Votes
FOR	43,901,422	91.111%
AGAINST	4,283,267	8.889%
Total	48,184,689	100.00%

Full details of all proposals are described in the Company’s Management Information Circular available on the Company’s website and on SEDAR at www.sedar.com.

Euro Sun’s board would like to express its gratitude to its shareholders for their continued support.

About Euro Sun Mining Inc.

Euro Sun is a Toronto Stock Exchange listed mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west central Romania, which hosts the second largest gold deposit in Europe.

For further information about Euro Sun Mining, or the contents of this press release, please contact Investor Relations at info@eurosunmining.com

The TSX does not accept responsibility for the adequacy or accuracy of this news release.