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Emergent Announces AGM Results

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Emergent Metals Corp. held its Annual General Meeting on June 28, 2022, where all shareholder resolutions were approved. The board now consists of five directors, including David Watkinson and Robert Rosner. MNP LLP was re-appointed as the company's auditor, and the Incentive Stock Option Plan was re-approved. Emergent is focused on gold and base metal exploration, with key properties in Nevada and Quebec. Notably, the Golden Arrow Property is an advanced gold and silver asset. The company aims to create shareholder value through strategic acquisitions and divestitures.

Positive
  • All shareholder resolutions approved, indicating strong support for company governance.
  • Re-appointment of MNP LLP as auditor ensures continuity in financial oversight.
  • Strengthened board with diverse expertise, promoting strategic decision-making.
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / June 28, 2022 / Emergent Metals Corp. ("Emergent" or the "Company") (TSXV:EMR) is pleased to announce the results of its Annual General Meeting ("AGM") held on June 28, 2022. All resolutions presented to the shareholders were approved (please refer to the SEDAR filing of the Company's Information Circular dated May 24,2022). As a result, the number of Directors was set at five with the following nominees elected as Directors: David Watkinson, Robert Rosner, Andrew MacRitchie, Vincent Garibaldi, and Julien Davy. MNP LLP, Chartered Professional Accountants were re-appointed as the auditor of the Company. The Company's Incentive Stock Option Plan was re-approved.

About Emergent

Emergent is a gold and base metal exploration company focused on Nevada and Quebec. The Company's strategy is to look for quality acquisitions, add value to these assets through exploration, and monetize them through sale, joint ventures, option, royalty, and other transactions to create value for our shareholders (acquisition and divestiture (A&D) business model).

In Nevada, Emergent's Golden Arrow Property, the core asset of the Company, is an advanced stage gold and silver property with a well-defined measured and indicated resource. New York Canyon is a base metal property subject to an Earn-in with Option to Joint Venture Agreement with Kennecott Exploration Company, a subsidiary of Rio Tinto Plc (NYSE:RIO). The Mindora Property is a gold, silver, and base metal property located 12 miles from New York Canyon. Buckskin Rawhide East is a gold and silver property leased to Rawhide Mining LLC, operators of the adjacent Rawhide Mine.

In Quebec, the Casa South Property, is an early-stage gold property adjacent to Hecla Mining Corporation's (NYSE:HL) operating Casa Berardi Mine. The Trecesson Property is located 50 km north of Val d'Or Mining Camp. Emergent has a 1% NSR in the Troilus North Property, part of the Troilus Mine Property being explored by Troilus Gold Corporation (TSX:TLG). The Company also has a 1% NSR on the East-West Property adjacent to and on strike with Wesdome Gold Mine Ltd.'s (TSX:WDO) operating Kiena Complex and O3 Mining Corporation's (TSX:OIII) Marban Property.

Note that the location of Emergent's properties adjacent to producing or past producing mines does not guarantee exploration success at Emergent's properties or that mineral resources or reserves will be delineated. For more information on the Company, investors should review the Company's website at www.emergentmetals.com or view the Company's filings available at www.sedar.com.

On behalf of the Board of Directors

David G. Watkinson, P.Eng.
President & CEO

For further information please contact:

David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: info@emergentmetals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note on Forward-Looking Statements
Certain information contained in this news release constitutes "forward-looking information" or "forward-looking statements" (collectively, "forward-looking information"). Without limiting the foregoing, such forward-looking information includes statements regarding the process and completion of the Offering, the use of proceeds of the Offering and any statements regarding the Company's business plans, expectations and objectives. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking information. Forward­ looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information is based on information available at the time and/or the Company management's good­ faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company's most recent Management's Discussion and Analysis and financial statements and other documents filed by the Company with the Canadian securities commissions and the discussion of risk factors set out therein. Such documents are available at www.sedar.com under the Company's profile and on the Company's website at www.emergentmetals.com. The forward-looking information set forth herein reflects the Company's expectations as at the date of this news release and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

SOURCE: Emergent Metals Corp.



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FAQ

What were the results of Emergent Metals Corp.'s AGM on June 28, 2022?

All shareholder resolutions were approved, including the election of five directors and re-appointment of MNP LLP as the auditor.

Who are the newly elected directors of Emergent Metals Corp.?

The elected directors are David Watkinson, Robert Rosner, Andrew MacRitchie, Vincent Garibaldi, and Julien Davy.

What is Emergent Metals Corp.'s primary business focus?

Emergent Metals Corp. focuses on gold and base metal exploration in Nevada and Quebec.

What key properties does Emergent Metals Corp. own?

Key properties include Golden Arrow, New York Canyon, Casa South, and Trecesson.

What is the Incentive Stock Option Plan of Emergent Metals Corp.?

The Incentive Stock Option Plan was re-approved to incentivize the company's employees and directors.

EMERGENT METALS CORP

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