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or Name
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Primero Mining Corp
Symbol P
Shares Issued 191,834,973
Close 2017-06-13 C$ 0.50
Market Cap C$ 95,917,487
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Primero Mining holders re-elect eight directors at AGM

2017-06-13 17:17 ET - News Release

Mr. Evan Young reports

PRIMERO ANNOUNCES VOTING RESULTS FROM ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

Today, at Primero Mining Corp.'s annual general and special meeting of shareholders, all directors nominated as listed in the management information circular dated May 1, 2017, were re-elected.

The detailed results are shown in the attached table.

Director             Votes for      %   Votes withheld       %  

Wade Nesmith        87,075,974  97.99        1,786,365    2.01 
Joseph Conway       87,752,368  98.75        1,109,971    1.25 
David Demers        77,299,167  86.99       11,563,172   13.01
Grant Edey          77,309,686  87.00       11,552,653   13.00
Patricia Fortier    87,728,154  98.72        1,134,185    1.28 
Brad Marchant       87,773,122  98.77        1,089,217    1.23 
Robert Quartermain  77,304,345  86.99       11,557,994   13.01
Michael Riley       87,762,295  98.76        1,100,044    1.24

In addition, Primero reports that shareholders voted in favour of the appointment of KPMG LLP as the auditor of the company for the ensuing year and have authorized the directors to fix the auditor's remuneration, with 111,359,262 shares voted for (98.23 per cent) and 2,006,683 shares withheld (1.77 per cent).

Primero also notes that the advisory vote on executive compensation (say on pay) was not approved by shareholders, with 26,196,152 shares voted for (29.48 per cent) and 62,666,186 shares against (70.52 per cent). Primero's board of directors believes that current compensation practices are aligned with the interests of shareholders but will take the results of this vote into consideration, as appropriate, when future compensation is determined. The board will continue to engage directly with shareholders to receive feedback and seek to improve its approach to executive compensation.

About Primero Mining Corp.

Primero Mining is a Canadian-based precious metals producer that owns 100 per cent of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico, and 100 per cent of the Black Fox mine and adjoining properties in the township of Black River-Matheson near Timmins, Ont., Canada. Primero offers immediate exposure to unhedged, below-average cash cost gold production with a substantial resource base in politically stable jurisdictions. The company is focused on becoming a leading intermediate gold producer by building a portfolio of high-quality, low-cost precious metals assets in the Americas.

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