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Hemlo Mining Shareholders Approve Board and Corporate Relocation

Hemlo Mining Corp. shareholders backed every item on the agenda during the company's annual general meeting held June 12, 2026. With 79.13% of common shares represented, investors solidified the board’s current leadership and authorized a strategic shift in the company’s legal base from British Columbia to Ontario.

Hemlo Mining Shareholders Approve Board and Corporate Relocation
Photo: Bio & News

The meeting resulted in the reelection of six directors, including Jonathan Awde, Jason Kosec, Robert Quartermain, Glenn Kumoi, Audra Walsh, and Tom Yip. While the current board remains intact, the company’s Nominating and Governance Committee is actively recruiting a seventh independent member to improve board diversity and independence. Shareholders also confirmed PricewaterhouseCoopers LLP as the firm's auditors for the coming year.

Beyond governance, the vote cleared a path for the company’s transition to the Toronto Stock Exchange, with the graduation expected on June 15, 2026. Approvals included the ratification of the Shareholder Rights Plan and the adoption of an amended omnibus equity incentive plan. The relocation of the registered office to Ontario marks a significant administrative change for the Canadian gold producer as it continues to focus on maximizing output at its flagship Hemlo Gold Mine.

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