EDM Announces Results of the Annual General Meeting
Rhea-AI Summary
EDM Resources (TSXV: EDM, OTCQB: EDMFF) reported the results of its Annual General Meeting of Shareholders held on August 21, 2026. A total of 31,563,292 common shares, representing approximately 39.27% of issued and outstanding shares, were represented in person or by proxy.
Shareholders set the number of directors at five and elected Mark Haywood, Eugene Chen, Justin Barragan, Manish Grigo and Mark Van Remortel as directors, to serve until the next annual meeting or until successors are chosen. According to EDM, Clearhouse LLP was re-appointed as auditor for the ensuing year, with directors authorized to fix its remuneration. Shareholders also re-approved the company’s Stock Option Plan and Restricted Stock Unit Incentive Plan. EDM noted that the newly constituted board will work with management as the company advances the Scotia Mine toward a planned restart.
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Halifax, Nova Scotia--(Newsfile Corp. - August 24, 2026) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) (OTCQB: EDMFF) ("EDM" or the "Company") announces the results of its Annual General Meeting of Shareholders (the "Meeting") held on August 21, 2026.
A total of 31,563,292 common shares, representing approximately
Election of Directors
Shareholders voted on the election of directors of the Company. The results were as follows:
| Nominee | Votes FOR | Percentage FOR | Votes WITHHELD | Percentage WITHHELD |
| Mark Haywood | 30,900,497 | 562,795 | ||
| Eugene Chen | 30,756,747 | 706,545 | ||
| Justin Barragan | 20,148,468 | 0 | ||
| Manish Grigo | 20,148,468 | 0 | ||
| Mark Van Remortel | 20,148,468 | 0 | ||
| Ashwath Mehra | 10,302,798 | 1,012,026 | ||
| Mark Billings | 10,216,048 | 1,098,776 | ||
| Rajesh Sharma | 10,215,795 | 1,099,029 |
Following the shareholder vote to set the number of directors at five, Mark Haywood, Eugene Chen, Justin Barragan, Manish Grigo and Mark Van Remortel were elected as directors of the Company and will hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed.
Other Meeting Matters
Shareholders also:
Set the number of directors at five (5);
Re-appointed Clearhouse LLP as the Auditor of the Company for the ensuing year and authorized the directors to fix the auditor's remuneration; and
Re-approved the Company's Stock Option Plan and the Restricted Stock Unit Incentive Plan.
The Company thanks its shareholders for their strong participation in the Meeting and their continued support. The newly constituted Board looks forward to working with management as EDM advances the Scotia Mine toward a planned restart.
About EDM Resources Inc.
EDM is a Canadian exploration and mining company that holds a
The Company's common shares are traded on the TSX Venture Exchange under the symbol "EDM", the Frankfurt Exchange under the symbol "P3Z", and the OTCQB® Venture Market under the symbol "EDMFF". For more information, please contact:
| Mark Haywood | President & Chief Executive Officer |
| Arnab De | Chief Financial Officer |
| Manish Grigo | Corporate Development |
| Telephone | +1 (902) 482 4481 |
| Facsimile | +1 (902) 422 2388 |
| info@EDMresources.com |
The Company's corporate filings and technical reports can be viewed on the Company's SEDAR+ profile at www.sedarplus.ca.
Further information on EDM is also available on the Company's website and social media channels as follows:
Internet at www.EDMresources.com
Facebook at http://www.facebook.com/EDMresources.inc
X at https://www.x.com/EDMresources
LinkedIn at http://www.linkedin.com/company/EDMresources
YouTube at https://youtube.com/@edmresources?si=Bvyighil3mSoOKnD
CAUTIONARY STATEMENTS
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release may contain forward-looking statements, including plans, objectives, estimates, and expectations regarding EDM Resources Inc.'s future activities. Such statements are identified by words like "believes," "expects," "plans," "estimates," "may," "could," or similar terms. Forward-looking statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those anticipated. These include, but are not limited to, mineral resource estimates, exploration and development results, project timing, market conditions, commodity prices, financing, and operational risks. For a discussion of risk factors, please refer to EDM's Management Discussion and Analysis for the year ended December 31, 2025. EDM does not guarantee the accuracy of forward-looking statements and readers should not place undue reliance on them.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310985