In a decisive show of support, shareholders of Capitan Silver Corp. (TSXV: CAPT, OTCQX: CAPTF) have overwhelmingly endorsed all resolutions presented at the company’s annual general and special meeting held on June 13, 2026. With a turnout representing 51.13% of the total outstanding shares, the meeting saw an impressive 99.991% approval rate for the reappointment of Davidson & Company LLP as the company’s auditor.
The meeting, which brought together shareholders to vote on critical matters, also saw the ratification of the shareholder rights plan agreement with Olympia Trust Companywith an approval rate of 99.797%. This plan is designed to protect shareholders’ interests and ensure fair treatment in the event of any unsolicited takeover attempts.
Key Resolutions and Voting Results
The shareholders also approved the 10% fixed omnibus equity incentive planwith 99.740% voting in favor. This plan reserves up to 12,800,000 common shares for issuance, aimed at attracting and retaining key talent by offering equity incentives.
All management nominees were elected to the board of directors to serve for the ensuing year. The voting results for the election of directors were as follows:
- Alberto Orozco65,601,435 votes (99.846%)
- Arturo Bonillas64,473,766 votes (98.130%)
- Graham Scott65,569,763 votes (99.798%)
- Fernando Alanís Ortega65,658,447 votes (99.933%)
The Transition of Leadership
The meeting also marked the end of John-Mark Staude‘s term as a director and chairman of the board. Mr. Staude, who has been with Capitan since August 14, 2026was honored for his dedication and contributions to the company. Alberto OrozcoCEO and Director of Capitan, expressed gratitude for Mr. Staude’s service, highlighting his role in the company’s formation and growth.
Capitan Silver’s Vision and Projects
Capitan Silver Corp. is focused on defining a new high-grade silver system at its Cruz de Plata projectlocated in the heart of Mexico’s primary silver belt. The company is led by a management team with a proven track record of advancing projects into production on time and within budget. Capitan maintains a tight share structure, with the top three shareholders owning over 37% of the company’s share capital.
The company is currently fully funded and actively engaged in drilling at its Cruz de Plata Silver projectaiming to unlock the potential of this promising silver system. The overwhelming support from shareholders underscores their confidence in the company’s strategic direction and leadership.
For further details on the meeting and the resolutions presented, shareholders can refer to the company’s management information circular dated May 7, 2026available on SEDAR+ under Capitan’s issuer profile.
