Gunnison Copper Corporation press release

Excelsior Mining Announces AGM Results

2021-06-25

TSX - Toronto Stock Exchange · Copper · Limestone · Molybdenum · United States · Management & Governance

Phoenix, Arizona--(Newsfile Corp. - June 25, 2021) - Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) ("Excelsior" orthe"Company")reports that the nominees listed in the management information circular for the 2021 Annual General Meeting of shareholders were elected as directors of Excelsior. Detailed results of the vote for the election of directors held at the Annual General Meeting on June 24, 2021 in Vancouver, B.C. are set out below:

| | Votes for | % Votes for | Votes withheld | % Votes withheld | | Mark J. Morabito | 149,542,935 | 96.73 | 5,048,767 | 3.27 | | Stephen Twyerould | 149,820,928 | 96.91 | 4,770,774 | 3.09 | | Colin Kinley | 151,535,128 | 98.02 | 3,056,574 | 1.98 | | Jim Kolbe | 151,317,048 | 97.88 | 3,274,654 | 2.12 | | Fred DuVal | 150,386,148 | 97.28 | 4,205,554 | 2.72 | | Michael Haworth | 138,208,128 | 89.40 | 16,383,574 | 10.60 | | Lord Robin Renwick | 151,615,655 | 98.08 | 2,976,047 | 1.92 | | Stephen Axcell | 150,402,648 | 97.29 | 4,189,054 | 2.71 |

Shareholders at the Annual General Meeting also voted in favour of: (i) setting the number directors at eight; and (ii) appointing PricewaterhouseCoopers LLP as auditors.

For more information on Excelsior, please visit our website at www.excelsiormining.com.

ON BEHALF OF THE EXCELSIOR BOARD

"Stephen Twyerould" President & CEO

For further information regarding this press release, please contact:

Excelsior Mining Corp. Concord Place, Suite 300, 2999 North 44thStreet, Phoenix, AZ, 85018.

JJ Jennex T: 604 723 1433 E: info@excelsiormining.com www.excelsiormining.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88625