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Val-d'Or Mining Corporation is a junior natural resource issuer actively involved in acquiring and exploring mineral property assets. The company focuses on properties in the Abitibi Greenstone Belt of NE Ontario and NW Quebec, with interests in Northern Quebec. Val-d'Or Mining excels in identifying and initiating new projects, primarily in early-stage exploration of various mineral commodities like gold, copper, nickel, PGEs, and more. The company seeks to create value in its properties and engages in partnerships for advanced exploration projects.
Val-d'Or Mining (TSXV: VZZ) held its annual general and special meeting on October 18, 2024, in Val-d'Or, Québec. Shareholders re-elected five incumbent directors and appointed McGovern Hurley LLP as the company's auditor. The 10% rolling stock option incentive plan was re-approved, and shareholders passed a special resolution to alter the company's articles, including mandatory procedures for director nominations.
The Board reconstituted its committees and appointed officers, with Glenn J. Mullan as Chair, President & CEO. The company also granted incentive stock options to directors and officers, allowing the purchase of 576,000 common shares at $0.065 per share for a 5-year period.
Val-d'Or Mining has announced the granting of incentive stock options to its key personnel, including directors, officers, employees, and consultants. A total of 2,320,000 common shares can be purchased at a price of $0.06 per share over the next five years. This strategic move aims to align the interests of the company's leadership and staff with its long-term growth objectives.
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