MAYA GOLD & SILVER ANNUAL GENERAL MEETING AND CORPORATE UPDATE

Montreal, Québec, May 28, 2020 (GLOBE NEWSWIRE) -- Maya Gold & Silver Inc. (“Maya” or the “Company”) (TSX: MYA) is pleased to announce that for the current year, it has changed its format for the upcoming annual meeting of shareholders ("AGM") to be held on Friday, June 19, 2020 at 10:00 a.m. (Eastern Time) to an online virtual only meeting. Under this format, shareholders may not physically attend the meeting in person but are welcome to attend and participate in the meeting online via live audio webcast. 

This change of format is in response to the current COVID-19 pandemic and more particularly in regards to the restrictions on mass gatherings implemented by the Government of Quebec. The decision to move to a virtual-only meeting reflects our commitment to protecting the health and safety of our shareholders, directors, employees, and other stakeholders and our desire to seek the largest possible participation by our international shareholder base. In fact, the Company strongly urges shareholders to register and vote in advance of the meeting.

General Instructions of the meeting

The timing and process for voting by proxy remains as described in the proxy materials, and shareholders may still vote in advance of the meeting by submitting their proxy form or voting information form as described in the proxy materials.

The virtual meeting will be conducted via live audio webcast. Registered shareholders and duly appointed proxyholders will be permitted to attend the virtual meeting, ask questions and vote, all in real time, provided they are connected to the internet and have logged in at https://web.lumiagm.com/237917800. 

Participants must be connected to the internet at all times to be able to vote.  The Company invites Shareholders to read the “Virtual AGM User Guide” attached to the Management Proxy Circular and to review the meeting materials before voting. The Management Proxy Circular and the Virtual AGM User Guide are available at www.sedar.com and on the Company’s website at the following link: https://mayagoldsilver.com/financials/  

Attending the meeting

Holders of shares on the record date, being May 18, 2020, may exercise their rights by attending the virtual Meeting or by completing a Proxy Form.

Registered shareholders who have not appointed a proxyholder and duly appointed proxyholders of registered and non-registered (beneficial) shareholders will be able to attend the meeting, ask questions, and vote securely in real time, provided they follow the instructions below and are connected to the internet. Non-registered shareholders who have not duly appointed themselves as proxyholder will be able to attend the meeting as guests, but will not be able to ask questions or vote at the meeting. This is because the Company and its transfer agent do not have a record of non-registered shareholders and will have no knowledge of non-registered shareholdings or entitlements to vote unless non-registered shareholders appoint themselves as proxyholder.