Mr. Matt Manson reports
STORNOWAY ANNOUNCES RESULTS FROM ANNUAL GENERAL MEETING
Stornoway Diamond Corp. has released the results of the vote at its annual general meeting of shareholders held on May 15, 2018, in Montreal, Que.
Each of the director nominees proposed by management for election was elected to the board of directors, without a vote by ballot being conducted. Stornoway received proxies with regard to voting on the eight directors nominated for election as set forth in the attached table.
Nominee Votes for % votes for Votes withheld % votes withheld
Godin, Patrick 583,310,405 98.10 11,323,240 1.90
Kyle, Hume 591,368,323 99.45 3,265,322 0.55
LeBoutillier, John 557,867,503 93.82 36,766,142 6.18
Manson, Matthew 590,945,104 99.38 3,688,541 0.62
Morin, Gaston 591,288,073 99.44 3,345,572 0.56
Nixon, Peter 555,629,725 93.44 39,003,920 6.56
Scherkus, Ebe 592,352,703 99.62 2,280,942 0.38
Tawil, Marie-Anne 590,004,875 99.22 4,628,770 0.78
Mr. Scherkus has been reappointed as chairman of the board, and PricewaterhouseCoopers LLP has been reappointed as auditor for the ensuing year.
Final voting results on all matters voted on at the annual general meeting of shareholders will be published shortly on the SEDAR website.
About the Renard diamond mine
The Renard diamond mine is Quebec's first producing diamond mine and Canada's sixth. It is located approximately 250 kilometres north of the Cree community of Mistissini, and 350 kilometres north of Chibougamau in the James Bay region of north-central Quebec. Construction on the project commenced on July 10, 2014, and commercial production was declared on Jan. 1, 2017. Average annual diamond production is forecast at 1.8 million carats per year over the first 10 years of mining. Readers are referred to the technical report dated Jan. 11, 2016, in respect of the September, 2015, mineral resource estimate, and the technical report dated March 30, 2016, in respect of the March, 2016, updated mine plan and mineral reserve estimate for further details and assumptions relating to the project.
About Stornoway Diamond Corp.
Stornoway is a leading Canadian diamond exploration and production company listed on the Toronto Stock Exchange under the symbol SWY and headquartered in Montreal. A growth-oriented company, Stornoway owns a 100-per-cent interest in the world-class Renard mine, Quebec's first diamond mine.
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