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Golden Arrow Announces Voting Results

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On July 2, 2021, Golden Arrow Resources Corporation (OTCQB: GARWF) announced the results of its Annual General Meeting held on June 30, 2021. All six nominees were elected as directors, with 25,321,568 shares, representing 21.76% of outstanding shares, voted in favor. The resolutions received unanimous support, and incumbent directors Joseph Grosso, Nikolaos Cacos, David Terry, John Gammon, Louis Salley, and Alfred Hills were re-elected. The company also confirmed the approval of its New Stock Option Plan, initiated previously on September 17, 2020, which does not require annual shareholder approval.

Positive
  • All six nominees for the Board of Directors were elected with significant shareholder support.
  • The company's New Stock Option Plan was approved, enhancing employee incentive structures.
Negative
  • None.

TSX Venture Exchange (TSX-V): GRG
Frankfurt Stock Exchange (FSE): G6A
OTCQB Venture Market (OTCQB): GARWF

VANCOUVER, BC, July 2, 2021 /PRNewswire/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company") announces that at the Annual General Meeting of shareholders held on June 30, 2021, each of the 6 nominees listed in the management information circular filed on June 2, 2021 with regulatory authorities were elected as directors of the Company. 25,321,568 shares were voted representing 21.76% of the outstanding shares of the Company.

The Company is pleased to announce all resolutions received support from our shareholders at the meeting. Incumbent directors Joseph Grosso, Nikolaos Cacos, David Terry, John Gammon, Louis Salley and Alfred Hills were re-elected to the Board of Directors of the Company.

The Company also announces that it received shareholder approval for its New Stock Option Plan at the Annual General & Special Meeting of shareholders held on September 17, 2020. As it is a Fixed Plan, annual shareholder approval was not required.

About Golden Arrow:

Golden Arrow Resources Corporation is a mining exploration company with a successful track record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits. The Company is well leveraged to the price of gold, having monetized its Chinchillas silver discovery into a significant holding in precious metals producer SSR Mining Inc.

Golden Arrow is actively exploring a portfolio that includes a new epithermal gold project in Argentina, a district–scale frontier gold opportunity in Paraguay, a base-metal project in the heart of a leading mining district in Chile and more than 180,000 hectares of properties in Argentina.

The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Joseph Grosso"
_______________________________
Mr. Joseph Grosso,
Executive Chairman, President and CEO

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 release.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/golden-arrow-announces-voting-results-301325021.html

SOURCE Golden Arrow Resources Corporation

FAQ

What were the results of Golden Arrow Resources' Annual General Meeting on June 30, 2021?

At the AGM, all six director nominees were elected, with 25,321,568 shares voted, representing 21.76% of outstanding shares.

What is the stock symbol for Golden Arrow Resources?

The stock symbol for Golden Arrow Resources on the OTCQB is GARWF.

Who are the re-elected directors of Golden Arrow Resources?

Re-elected directors include Joseph Grosso, Nikolaos Cacos, David Terry, John Gammon, Louis Salley, and Alfred Hills.

When was the New Stock Option Plan approved for Golden Arrow Resources?

The New Stock Option Plan was approved at the Annual General & Special Meeting held on September 17, 2020.

Golden Arrow Res Corp

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