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Nevada Copper Annual Meeting Results


/EINPresswire.com/ -- VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/27/16 -- 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:


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


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                     Votes          Votes          Votes       Total Shares
                      For          Against        Withheld        Voted
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  Shares Voted     11,731,575      183,050           0          11,914,625
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        %            98.5%           1.5%            0%            100%
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NEVADA COPPER CORP.

Giulio T. Bonifacio, President & CEO

Contacts:
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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