Val-d'Or Mining Announces Shareholder Meeting Results and Option Grants
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 (TSXV: VZZ) ha tenuto la sua assemblea generale annuale e straordinaria il 18 ottobre 2024, a Val-d'Or, Québec. Gli azionisti hanno rieletto cinque amministratori uscenti e hanno nominato McGovern Hurley LLP come revisore dell'azienda. Il piano di opzioni su azioni rolling del 10% è stato nuovamente approvato, e gli azionisti hanno approvato una risoluzione speciale per modificare gli articoli dell'azienda, inclusi i procedimenti obbligatori per le nomine dei direttori.
Il Consiglio ha ricostituito i suoi comitati e nominato funzionari, con Glenn J. Mullan come Presidente, Amministratore Delegato e CEO. L'azienda ha anche concesso opzioni su azioni di incentivazione ai direttori e funzionari, consentendo l'acquisto di 576.000 azioni ordinarie a $0.065 per azione per un periodo di 5 anni.
Val-d'Or Mining (TSXV: VZZ) celebró su reunión general anual y especial el 18 de octubre de 2024, en Val-d'Or, Quebec. Los accionistas reelectaron a cinco directores en funciones y nombraron a McGovern Hurley LLP como auditor de la empresa. El plan de opciones sobre acciones rodantes del 10% fue re-aprobado, y los accionistas aprobaron una resolución especial para modificar los estatutos de la empresa, incluyendo procedimientos obligatorios para las nominaciones de directores.
La Junta reconstituyó sus comités y nombró funcionarios, con Glenn J. Mullan como Presidente, Director General y CEO. La empresa también concedió opciones sobre acciones de incentivación a los directores y funcionarios, permitiendo la compra de 576,000 acciones ordinarias a $0.065 por acción por un período de 5 años.
발도르 마이닝(TSXV: VZZ)은 2024년 10월 18일, 퀘벡의 발도르에서 연례 일반 및 특별 회의를 개최했습니다. 주주들은 현직 이사 5명을 재선출하였으며, McGovern Hurley LLP를 회사의 감사로 임명했습니다. 10% 롤링 스톡 옵션 인센티브 플랜이 재승인되었습니다, 그리고 주주들은 이사 후보 지명에 대한 의무 절차를 포함하여 회사의 정관을 변경하는 특별 결의안을 통과시켰습니다.
이사회는 위원회를 재구성하고 임원들을 임명했으며, 글렌 J. 뮬란을 의장, 사장 및 CEO로 임명했습니다. 회사는 또한 이사 및 임원에게 인센티브 주식 옵션을 부여하여 5년 동안 주당 $0.065에 576,000주를 구매할 수 있게 했습니다.
Val-d'Or Mining (TSXV: VZZ) a tenu son assemblée générale annuelle et spéciale le 18 octobre 2024 à Val-d'Or, Québec. Les actionnaires ont réélu cinq administrateurs en fonction et ont nommé McGovern Hurley LLP comme auditeur de l'entreprise. Le plan d'options sur actions de 10 % a été réapprouvé, et les actionnaires ont adopté une résolution spéciale pour modifier les statuts de l'entreprise, y compris des procédures obligatoires pour les nominations des administrateurs.
Le Conseil a reconstitué ses comités et nommé des dirigeants, avec Glenn J. Mullan en tant que Président, Directeur Général et CEO. L'entreprise a également octroyé des options d'actions d'incitation aux directeurs et aux dirigeants, permettant l'achat de 576 000 actions ordinaires à 0,065 $ par action pour une période de 5 ans.
Val-d'Or Mining (TSXV: VZZ) hielt am 18. Oktober 2024 in Val-d'Or, Québec, seine jährliche General- und Spezialversammlung ab. Die Aktionäre wählten fünf amtierende Direktoren erneut und ernannten McGovern Hurley LLP als Wirtschaftsprüfer des Unternehmens. Der 10% Rolling Stock Optionsanreizplan wurde erneut genehmigt, und die Aktionäre verabschiedeten eine Sonderresolution zur Änderung der Satzung des Unternehmens, einschließlich verpflichtender Verfahren für die Nominierung von Direktoren.
Der Vorstand stellte seine Ausschüsse neu auf und ernannte Führungskräfte, wobei Glenn J. Mullan als Vorsitzender, Präsident und CEO fungiert. Das Unternehmen erteilte auch Anreiz-Optionsscheine an Direktoren und Führungskräfte, die den Kauf von 576.000 Stammaktien zu einem Preis von 0,065 USD pro Aktie über einen Zeitraum von 5 Jahren ermöglichen.
- Re-election of incumbent directors indicates stability in company leadership
- Approval of stock option incentive plan may help attract and retain talent
- Granting of incentive stock options to directors and officers aligns their interests with shareholders
- None.
Val-d'Or, Québec--(Newsfile Corp. - October 18, 2024) - Val-d'Or Mining Corporation (TSXV: VZZ) ("Val-d'Or Mining" 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 five incumbent directors, being Louis Doyle, Deborah Honig, Glenn J. Mullan, Lukas Shewchuk and Dr. C. Jens Zinke. Shareholders appointed McGovern Hurley LLP as Val-d'Or Mining's auditor for the ensuing year and re-approved the previously adopted
In addition, shareholders approved, by a special resolution, the 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 and its Compensation and Corporate Governance Committee. The Board also appointed officers for the ensuing year as follows:
| Chair, President & Chief Executive Officer: | Glenn J. Mullan |
| Lead Director: | Louis Doyle |
| Chief Financial Officer & Corporate Secretary: | Rico De Vega |
| Chief Operating Officer: | Dr. C. Jens Zinke |
| Vice President, Exploration: | Michael Rosatelli |
The Company's Board has granted incentive stock options to its directors and officers entitling the purchase of an aggregate 576,000 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/227108
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