News Column

Golden Queen reports the results of the Annual General Meeting of Shareholders

June 11, 2014



VANCOUVER, June 11, 2014 /CNW/ - Golden Queen Mining Co. Ltd. (TSX:GQM; OTCQX:GQMNF) (the "Company" or "Golden Queen") is pleased to announce voting results from the Company's Annual General Meeting of Shareholders held on Tuesday, June 10, 2014 (the "Meeting"). A total of 71,249,958 common shares were voted, representing 71.62% of the outstanding common shares. Shareholders voted in favour of maintaining the number of directors at five and for the election of all director nominees. The following is information on each item on the meeting agenda

1.      Number of Directors

The number of directors for the Board of Directors of the Company was set as five.

2.    The Election of Directors

Each of the nominee directors listed in the Company's proxy statement and management information circular dated April 17, 2014 was elected as a director, without a vote by ballot being conducted. Golden Queen received proxies directing voting on the five directors nominated for election as set forth in the table below:

Name of nominee

Votes for

% votes cast

Votes withheld/abstain

% votes cast

H. Lutz Klingmann

45,284,237

99.05%

435,697

0.95%

Thomas M. Clay

45,280,496

99.04%

439,438

0.96%

Bryan A. Coates

43,894,723

96.01%

1,825,211

3.99%

Guy Le Bel

43,872,575

95.96%

1,847,359

4.04%

Bernard Guarnera

44,605,789

97.56%

1,114,145

2.44%



3. Appointment of Auditors

According to proxies received and a vote by show of hands, BDO Canada LLP was appointed as the Company's auditors until the next general meeting of shareholders or until a successor is appointed and the directors were authorized to fix the auditors' remuneration.

Votes of shares for

% votes cast

Votes withheld/abstain

% votes cast

70,857,561

99.45%

392,367

0.55%



About Golden Queen Mining Co. Ltd:

The Company is developing a gold-silver, open pit, heap leach operation on its fully-permitted Soledad Mountain property, located just outside the town of Mojave in Kern County in southern California.  The Project will use conventional open pit mining methods and the cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore. 

Caution With Respect To Forward-looking Statements:  The information in this news release includes certain "forward-looking statements".  All statements in this news release, other than statements of historical fact, including, without limitation, plans for and intentions with respect to construction and other development activities on the Soledad Mountain Project, and future mining operations on the Project, are forward-looking statements.  There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from statements in this news release regarding our intentions include the uncertainties involving the availability of project financing in the debt and capital markets; risks of construction and mining such as accidents, equipment breakdowns, non-compliance with environmental and permit requirements, and other risks and uncertainties disclosed in the section entitled "Risk Factors" contained in our Annual Report on Form 10-K for the year ended December 31, 2013.  Investors are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, should not to put undue reliance on forward-looking statements.  Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made.

SOURCE Golden Queen Mining Co. Ltd.


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