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East West Petroleum Shareholders Approve Capital Reduction and All Other Matters at the Annual and Special Meeting
Newsfile· 2025-09-05 20:30
Group 1 - The shareholders of East West Petroleum Corp. approved all resolutions at the Annual and Special Meeting held on September 5, 2025, including the re-election of three board members [1][2] - A special resolution was passed to approve a capital reduction of up to $3 million from the company's stated capital of $37,224,841, allowing for a distribution of $0.03 per common share to shareholders [2][3] - Following the meeting, Nick DeMare was appointed as Interim CEO and Corporate Secretary, while Harvey Lim was appointed as Interim CFO [4] Group 2 - The company will issue a further news release once the effective date for the capital reduction and distribution is finalized [3] - The existing stock option plan was ratified, allowing the company to grant stock options up to 10% of its issued and outstanding common shares [2] - The management information circular regarding the meeting is available for free on the Canadian Securities Administrators' website [3]
Abcourt Appoints a New Director and Grants Stock Options
Globenewswire· 2025-08-28 11:00
Group 1 - Abcourt Mines Inc. has appointed Chad Williams as a new director, replacing Lise Kistabish who resigned in June 2025 [1] - Chad Williams has a strong background in capital markets and business management, being the founder and Chairman of several mining-related companies and previously serving as CEO of Victoria Gold Corp [2] - The Board of Directors of Abcourt has granted a total of 21,600,000 common share purchase options to various stakeholders, with an exercise price of $0.07, expiring on August 28, 2030 [3] Group 2 - Abcourt Mines Inc. is a Canadian exploration company with properties in northwestern Quebec, focusing on the Sleeping Giant mine and Flordin property for exploration and development [4]
Iconic Retains Media and Marketing Consultant and Grants Stock Options
Newsfile· 2025-08-15 21:55
Core Points - Iconic Minerals Ltd. has retained Pollen Agency Ltd. for media and marketing services to enhance brand awareness and communication with stakeholders [1][2] - The Consulting Agreement with Pollen is for a term of 6 months, with an option to renew for an additional 6 months [1] - Pollen will receive a monthly fee of C$7,000 plus taxes and stock options to purchase 1,300,000 common shares, vesting quarterly over 12 months [2] - The company has granted a total of 3,000,000 stock options under its 10% Rolling Stock Option Plan, with an exercise price of $0.075 per share [3] - The Consulting Agreement and stock option grants are subject to approval by the TSX Venture Exchange [4] New Pass Gold Property Summary - The New Pass Gold Project in Central Nevada has an Inferred Mineral Resource of 15,515,488 short tons (14,075,414 metric tons) at 0.022 ounce per ton (0.75 grams/metric ton) gold equivalent, totaling 341,750 ounces of gold equivalent [5] - The resource includes 282,986 ounces of gold at an average grade of 0.018 ounces per ton (0.62 grams/metric ton) and 3,139,054 short tons (2,847,702 metric tons) of silver at an average grade of 0.202 ounces per ton (6.92 grams/metric ton) [5] - Richard Kern, CEO of Iconic, is the Qualified Person who prepared and reviewed the press release in accordance with NI 43-101 standards [6]
Chesapeake Gold Adopts Fixed Stock Option Plan
Newsfile· 2025-08-06 10:00
Company Overview - Chesapeake Gold Corp. has adopted a "fixed up to 10%" stock option plan to replace its previous "rolling up to 10%" stock option plan [1] - The new plan allows the company to issue up to 7,209,338 common shares pursuant to the exercise of outstanding options granted to eligible persons [1] Resource Information - Chesapeake's flagship asset is the Metates Project located in Durango State, Mexico, which hosts one of the largest undeveloped gold-silver deposits in the Americas [3] - The Metates Project contains over 16.77 million ounces of gold at 0.57 grams per tonne and 423.2 million ounces of silver at 14.3 grams per tonne within 921.2 million tonnes in the Measured and Indicated Mineral Resource category [3] - Additionally, it has a further 2.13 million ounces of gold at 0.47 grams per tonne and 59.0 million ounces of silver at 13.2 grams per tonne within 139.5 million tonnes in the Inferred Mineral Resource category [3]
Rio2 Announces 2025 AGM Results
Globenewswire· 2025-06-05 12:30
Core Points - Rio2 Limited held its Annual and Special General Meeting of Shareholders on June 4, 2025, with 238,282,608 common shares voted, representing 55.82% of the total shares issued and outstanding [1] - Shareholders voted in favor of all business items, including the election of all director nominees, with Klaus Zeitler receiving 98.43% of votes for, and Ram Ramachandran receiving 100% [2] - The Stock Option Plan and Share Incentive Plan were reapproved and ratified by shareholders [2] Company Overview - Rio2 is a mining company focused on development and mining operations, particularly the Fenix Gold Project in Chile, aiming for production in the shortest timeframe possible [3] - The company emphasizes high environmental standards and responsible development, adhering to social, environmental, and economic pillars [3]
Morien Announces Results of Annual and Special Meeting
Globenewswire· 2025-05-15 12:30
Core Points - Morien Resources Corp. announced that shareholders voted in favor of all items at the Annual and Special Meeting of Shareholders held on May 14, 2025 [1] Group 1: Election of Directors - The Board set the number of directors at four, re-electing John Budreski, Dawson Brisco, Mary Ritchie, and Beau White for the upcoming year [2] - The Board confirmed the appointment of executive officers: John Budreski as Executive Chairman, Dawson Brisco as President and CEO, Susanne Willett as CFO, and Suzan Frazer as Corporate Secretary [2] Group 2: Appointment of Auditor - MNP LLP was re-appointed as the Company's auditor until the next annual meeting or until a successor is appointed, with remuneration to be determined by the Board [3] Group 3: Approval of Stock Option Plan - Shareholders re-approved the Company's 10% rolling incentive stock option plan in accordance with TSX Venture Exchange rules [4] Group 4: Continuance of Shareholder Rights Plan - Shareholders approved the reconfirmation and continuance of the Company's shareholder rights plan, originally approved in 2019, which requires affirmation every three years [5] - The Rights Plan aims to provide the Board and shareholders time to consider future takeover bids, ensuring fair treatment for all shareholders [5] Group 5: Company Overview - Morien is a mining development company based in Nova Scotia, established in 2012, focusing on direct prosperity for Nova Scotians [6] - The Company's primary assets include a royalty on coal sales from the Donkin Mine and a royalty on aggregate sales from the Black Point Project [6] - Morien emphasizes shareholder returns over corporate size and has 51,292,000 issued common shares, with a fully diluted position of 53,992,000 [6]
Fireweed Announces Results from Annual General and Special Meeting of Shareholders
GlobeNewswire News Room· 2025-04-24 22:00
Core Points - Fireweed Metals Corp. held its annual general and special meeting of shareholders on April 23, 2025, in Vancouver, BC, where all matters submitted for approval were approved by the requisite majority of votes cast [1][2] - A total of 89,433,316 common shares, representing 49.12% of the votes attached to all outstanding shares, were represented at the meeting [2] - The nominees for directors were elected with high approval rates, with James Beck receiving 99.99% of votes for his position [2] - The company granted a total of 798,000 stock options to certain employees and directors, exercisable at a price of $1.85 per share for a five-year term [3] - Fireweed is focused on exploring a new critical metals district in Northern Canada, owning the Macpass District, which includes the Macpass zinc-lead-silver project and the Mactung tungsten project [4] Company Information - Fireweed Metals Corp. trades on the TSX Venture Exchange in Canada (TSXV: FWZ) and on the OTCQX Venture Market in the USA (OTCQX: FWEDF) [5] - The company is part of the Lundin Group and is positioned to create meaningful value in the critical metals sector [4]