Akwaaba Mining Announces Election of Directors and Voting Results from Annual Meeting of Shareholders

Rhea-AI Summary

Akwaaba Mining announced the results of its 2024 Annual General Meeting held on December 13, 2024. Shareholders approved all matters presented, including setting the number of directors at five. The elected directors are Allan Green, Andreas Marangos, Michael Novak, Iyad Jarbou, and Heidy Arocha. Additionally, Buckley Dodds CPA was appointed as the company's auditors, with remuneration to be determined by the directors. The company's Stock Option Plan was also re-approved by shareholders.

Positive

• Shareholders approved all matters presented at the annual meeting.
• The number of directors was set at five, indicating stable governance.
• Re-approval of the Stock Option Plan demonstrates shareholder confidence.

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - December 13, 2024) - Akwaaba Mining Ltd. (TSXV: AML) ("Akwaaba" or the "Company") is pleased to report that all matters placed before the shareholders at its 2024 Annual General Meeting held on December 13, 2024 were approved.

Number of Directors
Shareholders approved setting the number of directors at five.

Election of Directors
Allan Green, Andreas Marangos, Michael Novak, Iyad Jarbou, and Heidy Arocha were elected to the board of directors of the Company.

Appointment of Auditors
Buckley Dodds CPA was appointed as auditors of the Company at a remuneration to be fixed by the directors.

Stock Option Plan
The Stock Option Plan of the Company was re-approved by the shareholders.

On behalf of the Board of Akwaaba Mining Ltd.:

"Iyad Jarbou"
Chief Financial Officer
Tel: 604.362.7685
Email: iyad@akwaaba-mining.com

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

FORWARD-LOOKING AND OTHER CAUTIONARY INFORMATION

This release contains statements that are forward looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement. For more information on the Company, Investors should review the Company's filings that are available at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233735

FAQ

What were the results of Akwaaba Mining's 2024 Annual General Meeting?

All matters presented were approved, including setting the number of directors at five and re-approving the Stock Option Plan.

Who were elected to the board of directors of Akwaaba Mining?

Allan Green, Andreas Marangos, Michael Novak, Iyad Jarbou, and Heidy Arocha were elected to the board.

Who was appointed as the auditor for Akwaaba Mining?

Buckley Dodds CPA was appointed as the auditor for Akwaaba Mining.

What is the significance of re-approving the Stock Option Plan for Akwaaba Mining?

Re-approving the Stock Option Plan indicates shareholder confidence and supports future employee incentives.