Adventus Mining Announces Voting Results from Annual Meeting

TORONTO, June 8, 2023 /CNW/ - Adventus Mining Corporation ("Adventus Mining" or the "Company") (TSXV: ADZN) (OTCQX: ADVZF) is pleased to report the voting results from the Company's 2023 Annual General Meeting of Shareholders ("Annual Meeting"), which was held today in Toronto, Canada.

A total of 130,824,892 common shares were voted at the Annual Meeting, representing 72.8% of the votes attached to all the outstanding common shares. Shareholders voted by ballot in favour of each of the items of business at the Annual Meeting as follows:

	Votes For	% For	Votes Against	% Against
Election of Directors
Christian Kargl-Simard	124,976,785	99.944 %	70,100	0.056 %
Mark Wellings	124,870,385	99.859 %	176,500	0.141 %
Barry Murphy	123,179,785	98.507 %	1,867,100	1.493 %
David Darquea Schettini	124,908,135	99.889 %	138,750	0.111 %
Stephen Williams	124,871,885	99.860 %	175,000	0.140 %
Leif Nilsson	123,181,285	98.508 %	1,865,600	1.492 %
Karina Rogers	124,857,885	99.849 %	189,000	0.151 %
Ratification of Share Compensation Plan	120,060,697	96.013 %	4,986,188	3.987 %
Approval of Amendment to Share Compensation Plan	120,058,197	96.011 %	4,988,688	3.989 %
	Votes For	% For	Votes Withheld	% Withheld
Appointment of Auditor
Deloitte LLP	130,717,892	99.918 %	107,000	0.082 %

All seven elected directors will serve on the Company's Board of Directors until the next annual meeting of shareholders or until their successors are elected or appointed.

About Adventus Mining

Adventus Mining Corporation is an Ecuador-focused copper-gold exploration and development company. Adventus Mining is majority owner of the 215 sq. km Curipamba copper-gold project, which has a completed feasibility study on the shallow and high-grade El Domo deposit. In addition, Adventus Mining is engaged in a country-wide exploration alliance in Ecuador, which has incorporated the Pijili and Santiago copper-gold porphyry projects to date. Outside of Ecuador, Adventus Mining owns an exploration project portfolio in Ireland with South32 Limited as the funding participant. Its strategic shareholders include Altius Minerals Corporation, Greenstone Resources LP, Wheaton Precious Metals Corp., and the Nobis Group of Ecuador. Adventus Mining is based in Toronto, Canada, and is listed on the TSX Venture Exchange under the symbol ADZN and trades on the OTCQX under the symbol ADVZF.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This press release contains "forward -looking information" within the meaning of applicable Canadian securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should" "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements.

Forward-looking information herein includes, but is not limited to, statements that address activities, events, or developments that Adventus expect or anticipate will or may occur in the future. Although Adventus have attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Adventus undertake to update any forward-looking information except in accordance with applicable securities laws.

Please also visit the Adventus Mining website at www.adventusmining.com.

SOURCE Adventus Mining Corporation

For further information from Adventus Mining, please contact Christian Kargl-Simard, President and Chief Executive Officer, at [phone] or [email protected].