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Hemlo Mining Corp. Unveils Voting Results from 2026 Annual Meeting

Toronto, June 12, 2026 – Hemlo Mining Corp. (TSXV: HMMC, OTCQX: HMMCF) announced the results of its 2026 Annual General and Special Meeting (AGM) of shareholders held on June 12, 2026. This meeting marks a significant moment in the company's journey, highlighting shareholder engagement and essential governance decisions.

Key Highlights from the Meeting

During the AGM, shareholders cast votes on several important agenda items, all of which passed with overwhelming support. A total of 234,472,200 common shares, representing 79.13% of the company's issued and outstanding shares, were voted either virtually or by proxy. The detailed breakdown of the voting is documented in the Management Information Circular dated April 30, 2026, available on SEDAR+ and Hemlo Mining’s official website.

Appointment of Auditors

One of the critical decisions was the appointment of PricewaterhouseCoopers LLP as the company’s auditors for the coming year. The vote revealed a robust approval:

• - Votes For: 234,454,700 (99.99%)
• - Votes Withheld: 17,500 (0.01%)

This decision reflects the shareholders' trust in the assurance services provided by this reputable accounting firm, supporting the company’s commitment to transparency and accountability.

Election of Directors

The meeting also involved the election of directors to the board. Six candidates were elected, further solidifying our governance structure:
1. Jonathan Awde: 196,494,964 votes (84.06%)
2. Jason Kosec: 198,740,738 votes (85.02%)
3. Robert Quartermain: 226,759,102 votes (97.01%)
4. Glenn Kumoi: 182,782,396 votes (78.20%)
5. Audra Walsh: 230,818,110 votes (98.75%)
6. Tom Yip: 231,975,313 votes (99.24%)

The Nominating and Governance Committee plans to recruit an additional independent director, aimed at enhancing the board's diversity and skill set. This move seeks to ensure that a majority of the board members are independent, fostering better decision-making and governance.

Other Noteworthy Decisions

Shareholders also voted on several other crucial items, such as:

• - Amendment of Articles: A resolution passed to change the company's registered office location from British Columbia to Ontario.
• - Ratification of Options: Shareholders confirmed the options granted in August 2025 to key personnel, reflecting confidence in the company's leadership.
• - Approval of Shareholder Rights Plan: The company's existing Shareholder Rights Plan was ratified, promoting long-term shareholder interests.
• - Omnibus Equity Incentive Plans: Both the newly introduced AR Plan and the reinstatement of the existing plan until the new plan takes effect were overwhelmingly supported.

The Journey Ahead

The results of the AGM not only indicate robust shareholder engagement but also align with the company's strategic objectives of growth and transparency. The approval to proceed with the plans discussed in the meeting aligns perfectly with Hemlo Mining’s focus on operational efficiency and sustainable growth.

With shares expected to be listed on the Toronto Stock Exchange from June 15, 2026, Hemlo Mining is poised for a promising future. The company, renowned for its Hemlo Gold Mine operations in northwestern Ontario, has produced approximately 25 million ounces of gold since 1985. As Hemlo Mining continues to enhance the value of its assets and expand its operations, the re-election of a competent board signals a commitment to uphold high standards in governance and operational excellence.

In conclusion, the 2026 AGM has set the stage for Hemlo Mining Corp. to advance its strategic initiatives while ensuring that shareholder interests remain at the forefront of its operations.

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