Newpath Resources Announces Annual General Meeting Mailing Update

Rhea-AI Summary

Newpath Resources (CSE: PATH, OTC: RDYFF) has announced its annual general meeting scheduled for January 10, 2025, at 10:00 a.m. (PST) in Vancouver. Due to the Canada Post strike, meeting materials are available online via SEDAR+ and the company's website. Shareholders can vote through Odyssey Trust Company's online platform by January 8, 2025.

The company also announced strategic changes to its Orefield property, reducing the Alpha/Bravo Claim Group to focus on approximately 458 square kilometers in the southern areas, which contain high-priority LCT pegmatite targets including the Hilltop Target Area. Additionally, Newpath will allow the Charlie claim group of 112 claims to lapse.

Positive

• Strategic focus on high-priority LCT pegmatite targets in the southern Orefield property
• Reduction of non-core assets to optimize exploration efforts

Negative

• Reduction in total land holdings with Charlie claim group (112 claims) being allowed to lapse
• Further potential property relinquishments as targeting becomes focused

Vancouver, British Columbia--(Newsfile Corp. - December 13, 2024) - Newpath Resources Inc. (CSE: PATH) (FSE: 0MZ) (OTC Pink: RDYFF) ("Newpath" or the "Company") announces that it will hold its annual general meeting (the "Meeting") on January 10, 2025 at Suite 220, 333 Terminal Avenue, Vancouver, BC, V6A 4C1 at 10:00 a.m. (PST).

Due to the ongoing Canada Post strike (the "Postal Strike"), the information circular and related materials (the "Meeting Materials") for the Meeting, are posted under the Company's profile on www.sedarplus.ca and on the Company's website at https://newpathresources.com/agm-material/. Shareholders of the Company are encouraged to access the Meeting Materials directly through the above-mentioned website.

Registered shareholders, shareholders who hold their shares directly in the Company and not through a brokerage account or depository company, may contact the Company's transfer agent, Odyssey Trust Company, at shareholder services: 1-888-290-1175 or by going to Odyssey's website at https://odysseytrust.com/ca-en/help/ and following the prompts to obtain their control number and then proceed to vote online at the following website: https://vote.odysseytrust.com/. Proxies should be completed by the voting deadline at 10:00 a.m. (Vancouver time) on January 8, 2025.

Beneficial shareholders who hold their investment through a brokerage house, depository company or other intermediary, should contact their broker representative to request a proxy.

Update on Orefield

The Company intends to reduce its Alpha/Bravo Claim Group so to focus continuing exploration on the southern areas (approximately 458 square kilometers.). This portion of the Property has yielded the highest priority LCT pegmatite target areas (including the Hilltop Target Area) and more exploration is warranted. Additional property may be relinquished as targeting becomes focused.

The Company has also elected to allow the Charlie claim group, consisting of 112 claims to lapse.

About Newpath Resources Inc.

Newpath is a Canadian exploration company listed on the Canadian Securities Exchange under the symbol PATH. As of December, 2024 Newpath's early-stage Orefield critical metal exploration project is composed of two claim groups (Alpha/Bravo and Delta), totals approximately 469 square kilometres) west and southwest of Lake Nipigon in Northern Ontario, approximately 50 kilometres northeast of Thunder Bay. The company also owns the Northshore gold project located in the Schreiber-Hemlo greenstone belt.

On Behalf of the Board of Directors,

NEWPATH RESOURCES INC.

"Alexander McAulay"
Chief Executive Officer
Email: amcaulay@newpathresource.com
CEO Direct Line: +1 (604) 365-0425

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

Cautionary Statement Regarding Forward-Looking Information

This news release may contain certain "forward-looking information". Forward-looking information included in this news release includes, but is not limited to, statements with respect to the details of regarding the Meeting and the mailing of the Meeting Materials. Forward-looking information is based upon the assumptions and estimates considered reasonable by management of the Company as of the date such statements are made. Forward-looking information involves known and unknown risks, uncertainties, assumptions, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the effectiveness and feasibility of lithium extraction technologies on a commercial scale , and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. As a result, readers are cautioned not to place undue reliance on any forward-looking information. Any statement containing forward looking information speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233796

FAQ

When and where is Newpath Resources (RDYFF) holding its 2025 annual general meeting?

Newpath Resources will hold its annual general meeting on January 10, 2025, at 10:00 a.m. (PST) at Suite 220, 333 Terminal Avenue, Vancouver, BC.

What is the voting deadline for Newpath Resources (RDYFF) 2025 AGM?

The voting deadline for proxies is 10:00 a.m. (Vancouver time) on January 8, 2025.

How many square kilometers will Newpath Resources (RDYFF) retain in the southern Orefield property?

Newpath Resources will retain approximately 458 square kilometers in the southern areas of the Orefield property.

How many claims are in the Charlie claim group that RDYFF is allowing to lapse?

The Charlie claim group consists of 112 claims that Newpath Resources is allowing to lapse.