Richmont Mines Announces Election of Directors
TSX – NYSE: RIC
TORONTO, May 4, 2017 /CNW Telbec/ - Richmont Mines Inc. (TSX: RIC) (NYSE: RIC) ("Richmont" or the "Corporation") announces that the nominees listed in the management information circular for the 2017 Annual and Special Meeting of Shareholders held today were elected as directors of Richmont. Results of the vote for the election of directors, the appointment of auditors, the amended and restated shareholder rights plan and the advisory resolution on executive compensation are detailed below.
| Nominee | Votes For | % For | Votes Withheld | % Withheld |
| René Marion | 41,881,088 | 99.74 | 108,186 | 0.26 |
| Renaud Adams | 41,907,146 | 99.80 | 82,128 | 0.20 |
| Elaine Ellingham | 41,903,838 | 99.80 | 85,436 | 0.20 |
| Michael Pesner | 41,560,385 | 98.98 | 428,889 | 1.02 |
| Peter Barnes | 41,895,917 | 99.78 | 93,357 | 0.22 |
Voting results for the resolution approving the appointment of auditors are as follows:
| Votes For | % For | Votes Withheld | % Withheld |
| 47,202,972 | 98.68 | 633,482 | 1.32 |
Voting results for the amended and restated shareholder rights plan are as follows:
| Votes For | % For | Votes Against | % Against |
| 39,915,708 | 95.07 | 2,071,955 | 4.93 |
Voting results for the advisory resolution on executive compensation are as follows:
| Votes For | % For | Votes Against | % Against |
| 41,389,246 | 98.57 | 598,417 | 1.43 |
All final voting results from the Annual and Special Meeting will be filed on SEDAR at www.sedar.com.
About Richmont Mines Inc.
Richmont Mines currently produces gold from the Island Gold Mine in Ontario, and the Beaufor Mine in Quebec. The Corporation is also advancing development of the significant high-grade resource extension at depth of the Island Gold Mine in Ontario. With 35 years of experience in gold production, exploration and development, and prudent financial management, the Corporation is well-positioned to cost-effectively build its Canadian reserve base and to successfully enter its next phase of growth.
SOURCE Richmont Mines
Contact
Renaud Adams, President and CEO, Phone: 416 368-0291 ext. 101; Anne Day, Senior Vice-President, Investor Relations, Phone: 416 368-0291 ext. 105