TMAC Resources’ Shareholders Elect All Nine Nominees to Board of Directors

21 June 2017

TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) held its annual and special meeting of shareholders in Toronto yesterday and announces the results of voting. A total of 67,981,829 shares (approximately 81% of the 84,008,248 common shares outstanding at May 8, 2017) were represented, in person or by proxy, demonstrating strong support for the election of its nominees as directors. 
The shareholders appointed the nine board members including:

• Andrew B. Adams 
• Leona Aglukkaq 
• João P. S. Carrêlo 
• Franklin L. Davis 
• E. Randall Engel 
• David R. Faley 
• Catharine E. G. Farrow 
• John W. Lydall 
• A. Terrance MacGibbon 

At the meeting, shareholders also approved the appointment of KPMG LLP, Chartered Accountants, as auditors of the Company and the adoption of a new long-term incentive plan (“New Incentive Plan”). Since the New Incentive Plan was approved, the Company now has three long-term incentive plans: the New Incentive Plan, the existing stock option plan (the “Option Plan”) and the restricted share unit plan (the “Restricted Share Plan”). The Company will not issue further stock options under the Option Plan and the Option Plan will be terminated once all outstanding stock options are exercised or have expired. However, both the New Incentive Plan and the Restricted Share Plan will be available to the Compensation Committee of the Company as the latter is settled in shares and, therefore, provides the committee with additional flexibility in terms of granting awards. 

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