May 29, 2009
[TSX: TVI]
TVI PACIFIC ANNOUNCES
RESULTS OF 2009 ANNUAL GENERAL MEETING
- Board of Directors receives
strong support for re-election
- Webcast of corporate
presentation available online
TVI Pacific Inc (TSX: TVI or the Company)
announces that shareholders approved all resolutions brought before them at the
Company's Annual General Meeting of Shareholders. A total of 160,596,973
shares were represented in person or by proxy at the meeting, representing approximately
34.41% of the Company’s outstanding shares. TVI’s Annual
General Meeting was held May 28h, 2009, at the Calgary Petroleum Club.
The following Board members stood for
election and were duly re-elected: Clifford M. James, Robert C.
Armstrong, C. Brian Cramm, Jan R. Horejsi, and Peter C.G. Richards. These
individuals will hold office until the next TVI annual meeting. Of the
153,921,864 votes cast, 99.13% were in favour of the election of the directors,
while 0.87% were withheld.
In addition, PricewaterhouseCoopers LLP
was re-appointed as the external auditor of the Company and will hold office
until the next annual meeting at such remuneration as may be determined by the
directors of the Company. Approximately 99.64% of the 153,921,865 votes
cast supported the appointment of the auditors and 0.36% were withheld.
“We thank all shareholders who
attended the meeting in person or by proxy,” stated Cliff James, TVI’s
President and CEO. It was our pleasure to provide an update regarding the
production operations at the Canatuan Mine and to look ahead at the activities
planned for the Balabag gold project and our North
Zamboanga tenements. We hope that this year will continue to
be fruitful for TVI and its shareholders.
For those who were not able to listen to
the live webcast of the corporate presentation on the day of the event, an
archive and podcast have been made available at:
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2676520
About TVI Pacific
Inc. (TSX: TVI)
TVI Pacific Inc. is a publicly traded
Canadian mining company focused on exploring for, developing and producing
precious and base metals within district-scale systems in the Philippines.
The Company?s interest in the Canatuan Mine and its other Philippine assets are
held through its affiliate, TVI Resource Development (Phils.) Inc.
Further Information: Investor
Relations 403-265-4356 or
tvi-info@tvipacific.com
The Toronto
Stock Exchange has neither approved nor disapproved of the information
contained herein.
2000, 736 - 6 Avenue
S.W. Calgary, Alberta T2P 3T7 Tel: (403)
265-4356 Fax: (403) 264-7028
Website: http://www.tvipacific.com
E-mail: tvi-info@tvipacific.com