Eagle Royalties

Eco Oro Announces that Glass Lewis Recommends Shareholders Vote the GREEN Management Proxy

VANCOUVER, April 20, 2017 /CNW/ - Eco Oro Minerals Corp. ("Eco Oro" or the "Company") (TSX: EOM) is pleased to announce that in connection with the annual general and special meeting of Eco Oro shareholders scheduled for April 25, 2017, Glass Lewis & Co. ("Glass Lewis"), a second leading independent proxy voting advisory firm, has recommended that Eco Oro shareholders vote on management's GREEN proxy FOR all six highly qualified management nominees.

Glass Lewis' recommendation follows a recommendation from Institutional Shareholder Services ("ISS") that recommends that Eco Oro shareholders vote on management's GREEN proxy.

"We are very pleased that Glass Lewis has joined ISS in recommending shareholders vote on the GREEN management proxy. The Board is grateful to both its retail and institutional shareholders who have carefully considered the Company's plan to maximize shareholder value and judged it to be the best option for ALL shareholders. We have been open and transparent with shareholders at every step of this process and we are pleased that shareholders continue to reject the false and misleading claims of the dissident shareholder group," said Anna Stylianides, Executive Chairman.

"Even with over 50% of shareholders voting on the GREEN proxy in favour of management's nominees, shareholders who want to ensure that a clear message is sent to the dissident group attempting to seize control of Eco Oro, should take the opportunity to vote the GREEN proxy today," continued Ms. Stylianides.

The Board and management team continue to work tirelessly to protect, enhance and maximize value for all shareholders. Shareholders, protect your investment in Eco Oro and vote for all six highly-qualified individuals on the GREEN proxy or voting instruction form.

Fellow shareholders, ISS and Glass Lewis have spoken.

Contact Eco Oro's proxy solicitor, D.F. King Canada at 1-800-240-2133 (toll free in North America) or 1-201-806-7301 (outside North America) or email at This email address is being protected from spambots. You need JavaScript enabled to view it. to vote your GREEN proxy today. D.F. King can assist you if you did not receive your proxy materials or require replacement materials.

Company Profile

Eco Oro Minerals Corp. is a publicly-traded precious metals exploration and development company with a portfolio of projects in Colombia. Eco Oro has been focused on its wholly-owned, multi-million ounce Angostura gold-silver deposit, located in northeastern Colombia.

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