Cleghorn Minerals Announces Annual General and Special Meeting Results
Cleghorn Minerals (TSXV: CZZ) held its annual general and special meeting on October 18, 2024, in Val-d'Or, Québec. Shareholders re-elected four incumbent directors and appointed Raymond Chabot Grant Thornton LLP as the company's auditor. The 10% rolling stock option incentive plan was re-approved. Shareholders also approved the creation of Glenn J. Mullan and Joseph Groia as Control Persons, subject to TSX Venture Exchange policies.
The company's articles were altered to include mandatory procedures for director nominations. Following the meeting, the Board reconstituted its committees and reappointed officers. Glenn J. Mullan was reappointed as President and CEO, while Isabelle Gauthier was named CFO and Corporate Secretary. The Board granted 950,000 incentive stock options to directors, officers, and consultants at $0.05 per share for a 5-year period.
Cleghorn Minerals (TSXV: CZZ) ha tenuto la sua assemblea generale e speciale annuale il 18 ottobre 2024, a Val-d'Or, Québec. Gli azionisti hanno rieletto quattro direttori uscenti e hanno nominato Raymond Chabot Grant Thornton LLP come revisore dei conti della società. Il piano di incentivi per opzioni su azioni rolling del 10% è stato riapprovato. Gli azionisti hanno anche approvato la creazione di Glenn J. Mullan e Joseph Groia come Persone di Controllo, in conformità con le politiche della TSX Venture Exchange.
Gli articoli della società sono stati modificati per includere procedure obbligatorie per le nomine dei direttori. Dopo l'assemblea, il Consiglio ha ricostituito le proprie commissioni e ha riaffermato le cariche. Glenn J. Mullan è stato rieletto come Presidente e CEO, mentre Isabelle Gauthier è stata nominata CFO e Segretario Aziendale. Il Consiglio ha concesso 950.000 opzioni su azioni di incentivo a direttori, funzionari e consulenti a $0,05 per azione per un periodo di 5 anni.
Cleghorn Minerals (TSXV: CZZ) celebró su reunión anual general y especial el 18 de octubre de 2024, en Val-d'Or, Québec. Los accionistas reelegieron a cuatro directores en funciones y nombraron a Raymond Chabot Grant Thornton LLP como auditor de la empresa. El plan de incentivos por opciones de acciones en circulación del 10% fue reautorizado. Los accionistas también aprobaron la creación de Glenn J. Mullan y Joseph Groia como Personas de Control, sujeto a las políticas de la TSX Venture Exchange.
Los estatutos de la empresa se modificaron para incluir procedimientos obligatorios para la nominación de directores. Tras la reunión, la Junta reconstituyó sus comités y reafirmó los oficiales. Glenn J. Mullan fue reapuntado como Presidente y CEO, mientras que Isabelle Gauthier fue nombrada CFO y Secretaria Corporativa. La Junta otorgó 950,000 opciones de acciones de incentivo a directores, funcionarios y consultores a $0.05 por acción durante un período de 5 años.
Cleghorn Minerals (TSXV: CZZ)는 2024년 10월 18일, 퀘벡주 발도르에서 연례 일반 및 특별 회의를 개최했습니다. 주주들은 재임 중인 이사 4명을 재선출했습니다 그리고 레이몬드 샤보 그란 똥 LLP를 회사의 감사인으로 임명했습니다. 10% 롤링 스톡 옵션 인센티브 계획이 재승인되었습니다. 주주들은 또한 TSX 벤처 거래소 정책에 따라 Glenn J. Mullan과 Joseph Groia를 통제권자로 만드는 것을 승인했습니다.
회사의 정관이 이사 후보 지명에 대한 의무 절차를 포함하도록 변경되었습니다. 회의 후, 이사회는 자신의 위원회를 재구성하고 임원들을 재임명했습니다. Glenn J. Mullan은 회장 겸 CEO로 재임명되었고, Isabelle Gauthier는 CFO 및 기업 비서로 임명되었습니다. 이사회는 950,000개의 인센티브 주식 옵션을 이사, 임원 및 컨설턴트에게 주당 $0.05로 5년 동안 부여했습니다.
Cleghorn Minerals (TSXV: CZZ) a tenu son assemblée générale et spéciale annuelle le 18 octobre 2024, à Val-d'Or, Québec. Les actionnaires ont réélu quatre administrateurs sortants et ont nommé Raymond Chabot Grant Thornton LLP comme commissaire aux comptes de l'entreprise. Le plan d'options d'achat d'actions roulant de 10% a été réapprouvé. Les actionnaires ont également approuvé la création de Glenn J. Mullan et Joseph Groia en tant que Personnes de Contrôle, sous réserve des politiques de la TSX Venture Exchange.
Les statuts de l'entreprise ont été modifiés pour inclure des procédures obligatoires pour les nominations d'administrateurs. Après l'assemblée, le Conseil a reconstitué ses comités et a renouvelé les fonctions des officiers. Glenn J. Mullan a été réélu en tant que Président et CEO, tandis qu'Isabelle Gauthier a été nommée CFO et Secrétaire Corporatif. Le Conseil a accordé 950.000 options d'achat d'actions d'incitation aux administrateurs, officiers et consultants à 0,05 $ par action pour une période de 5 ans.
Cleghorn Minerals (TSXV: CZZ) hielt am 18. Oktober 2024 in Val-d'Or, Québec, seine jährliche ordentliche und besondere Hauptversammlung ab. Die Aktionäre wählten vier amtierende Direktoren erneut und ernannten Raymond Chabot Grant Thornton LLP zum Abschlussprüfer des Unternehmens. Der 10% Rolling Stock Options Anreizplan wurde erneut genehmigt. Die Aktionäre stimmten auch der Ernennung von Glenn J. Mullan und Joseph Groia als Kontrollpersonen unter den Richtlinien der TSX Venture Exchange zu.
Die Satzung des Unternehmens wurde geändert, um verpflichtende Verfahren für die Nominierung von Direktoren einzuschließen. Nach der Sitzung hat der Vorstand seine Ausschüsse neu zusammengesetzt und die Beamten wiederberufen. Glenn J. Mullan wurde erneut zum Präsidenten und CEO ernannt, während Isabelle Gauthier zur CFO und Unternehmenssekretärin ernannt wurde. Der Vorstand gewährte 950.000 Anreizaktienoptionen an Direktoren, Beamte und Berater zu einem Preis von 0,05 $ pro Aktie für einen Zeitraum von 5 Jahren.
- Re-election of incumbent directors indicates stability in company leadership
- Approval of Glenn J. Mullan and Joseph Groia as potential Control Persons may signify increased investment interest
- Granting of 950,000 incentive stock options aligns management interests with shareholders
- Low stock option price of $0.05 per share might indicate current low market valuation
Val-d'Or, Québec--(Newsfile Corp. - October 18, 2024) - Cleghorn Minerals Ltd. (TSXV: CZZ) ("Cleghorn" or the "Company") announces the results of its annual general and special meeting of shareholders (the "Meeting") held in Val-d'Or, Québec, and by telephone conference, on October 18, 2024.
At the Meeting, shareholders re-elected the four incumbent directors, being Joseph Groia, Glenn J. Mullan, Karen Rees and Christian Wirth. Shareholders also appointed Raymond Chabot Grant Thornton LLP as the Company's auditor, and re-approved the previously adopted
In addition, shareholders approved, by a simple majority vote of disinterested shareholders, (1) the creation of Glenn J. Mullan as a Control Person; and (2) the creation of Joseph Groia as a Control Person – as required by the policies of the TSX Venture Exchange. Should either Mr. Mullan or Mr. Groia acquire in the future further common shares of Cleghorn such that they tip the
Shareholders also passed a resolution, by special majority, for alteration of the Company's articles to include mandatory procedures for nominations of persons for election as directors, including advance notice and disclosure requirements for nominations by shareholders.
Following the Meeting, the Board reconstituted its Audit Committee, its Compensation and Corporate Governance Committee and its Health & Safety/Sustainability Committee and also reappointed officers for the ensuing year as follows:
President and Chief Executive Officer:
Glenn J. Mullan
Chief Financial Officer and Corporate Secretary:
Isabelle Gauthier
The Company's Board has granted incentive stock options to its directors, officers and consultants entitling the purchase of an aggregate 950,000 common shares at a per share price of
For additional information, please contact:
Glenn J. Mullan
2772 chemin Sullivan
Val-d'Or, Québec J9P 0B9
Tel.: 819-824-2808, x 204
Email: glenn.mullan@groupzedzed.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227117
FAQ
What were the key outcomes of Cleghorn Minerals' (TSXV: CZZ) annual general meeting on October 18, 2024?
How many incentive stock options did Cleghorn Minerals (TSXV: CZZ) grant and at what price?
Who was appointed as President and CEO of Cleghorn Minerals (TSXV: CZZ) following the annual meeting?
