Avino Silver & Gold schedules annual meeting for May 27

Published 30/04/2025, 21:20
Avino Silver & Gold schedules annual meeting for May 27

Avino Silver & Gold (NYSE:ASM) Mines Ltd. has announced the scheduling of its 2025 Annual General and Special Meeting of Shareholders for May 27, 2025. This news comes as the company filed its Notice of Meeting and Information Circular, along with a Form of Proxy, with the Securities and Exchange Commission today.

The documents, which are now accessible as part of the company’s Form 6-K report, were submitted in accordance with the rules governing foreign private issuers under the United States Securities Exchange Act of 1934. These filings are also incorporated by reference into Avino’s Registration Statement on Form F-10, enhancing the transparency of the company’s governance processes for its shareholders.

Avino Silver & Gold Mines Ltd., headquartered in Vancouver, BC, Canada, operates within the metal mining industry. The company has a history dating back to its former names as International Avino Mines Ltd and Avino Mines & Resources Ltd, with name changes recorded in 1995.

The announcement of the shareholder meeting is part of the company’s regular corporate governance and shareholder communication processes. The meeting will provide an opportunity for shareholders to vote on corporate matters and engage with the company’s leadership team. With analyst price targets ranging from $14.50 to $30.00 per share, investors will likely seek clarity on the company’s strategic direction during this meeting.

The company’s filings with the SEC, specifically the Form 6-K, serve as a means to inform the U.S. market and its investors about the company’s activities and upcoming events. The inclusion of the Notice and Information Circular and Form of Proxy as exhibits to the report ensures that all pertinent information is available for review by investors and regulatory bodies.

This report is based on a press release statement and provides an overview of the key details surrounding Avino Silver & Gold Mines Ltd.’s upcoming shareholder meeting. The company has adhered to the necessary legal requirements to inform its stakeholders and the market of this significant corporate event.

In other recent news, Contango ORE Inc. reported its fourth-quarter 2024 earnings, showcasing a significant earnings per share (EPS) beat with an actual EPS of $1.36 against the forecasted $0.08. Despite this strong performance in EPS, the company’s revenue fell short of expectations, coming in at $8.5 million compared to the anticipated $12.33 million. The company highlighted its operational success by producing more gold than initially planned and reducing its debt from $60 million to $38 million by the year’s end. Contango ORE aims to further decrease its debt to approximately $15 million by the end of 2025. In another development, the company announced the nomination of two new independent directors, Michael Cinnamond and Clynton Nauman, to its board, as Joe Compofelice and Curtis Freeman will not seek re-election. The strategic move comes as the company prepares for its Annual Meeting of Stockholders, which will be held virtually. These recent developments reflect Contango ORE’s efforts in enhancing its financial health and strengthening its leadership team.

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