SilverCrest Reports Results of AGM

TSXV: SIL

VANCOUVER, June 23, 2016 /CNW/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce the results of its Annual General Meeting of Shareholders ("AGM") held yesterday in Vancouver, B.C.

Holders of a total of 22,259,027 shares (55.28% of the outstanding shares as of the record date) were represented in person or by proxy at the meeting.

Shareholders voted in favour of all items of business, including fixing the number of directors at six and the re‑election of each of the director nominees: Dunham L. Craig, N. Eric Fier, Ross O. Glanville, Barney Magnusson, George W. Sanders and Graham C. Thody.  In addition, shareholders voted and re-appointed Davidson & Company LLP, Chartered Professional Accountants, as auditor of the Company and approved the Company's "rolling 10%" Stock Option Plan and its Advance Notice Policy.

At the Board of Directors meeting following the AGM, the Board re‑appointed Mr. Thody as Chairman of the Board, Mr. Fier as President and Chief Executive Officer, Mr. Magnusson as Chief Financial Officer, Michael Rapsch as Vice President, Corporate Communications and Bernard Poznanski as Corporate Secretary.

J. Scott Drever did not stand for re-election as a director of the Company. The Company wishes to thank Mr. Drever for his years of leadership, dedicated service and extraordinary contributions to the success of SilverCrest and its stakeholders. Mr. Drever will be available to the Company on an advisory and consulting basis.

ABOUT SILVERCREST METALS INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible "phased approach" business model taking projects through discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.  

N. Eric Fier, CPG, P.Eng
President & CEO
SilverCrest Metals Inc.

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

SOURCE SilverCrest Metals Inc.

SilverCrest Metals Inc., Contact: Fred Cooper, Investor Relations, Telephone: [phone], Fax: [phone], Toll Free: 1-866-691-1730 (Canada & USA), Email: [email protected], Website: www.silvercrestmetals.com, 570 Granville Street, Suite 501, Vancouver, British Columbia, V6C 3P1