Enduro Metals Reports Voting Results at Annual General Meeting of Shareholders

Rhea-AI Summary

Enduro Metals (TSXV: ENDR) (OTCQB: ENDMF) held its annual general meeting of shareholders on December 13, 2024, in Kelowna, British Columbia. Shareholders approved maintaining a five-member board of directors and re-elected Cole Evans, Susanne Hermans, David Watkins, Lawrence Roulston, and Maurizio Napoli. Additionally, shareholders approved the re-appointment of Manning Elliot LLP as the company's auditors and authorized the board to determine their remuneration. The company's 10% rolling Equity Incentive Plan, as detailed in the management information circular, was also approved.

Kelowna, British Columbia--(Newsfile Corp. - December 13, 2024) - Enduro Metals Corporation (TSXV: ENDR) (OTCQB: ENDMF) (FSE: SOG0) ("Enduro" or the "Company") is pleased to report the voting results for the Company's annual general meeting of shareholders (the "Meeting") held on December 13, 2024, in Kelowna, British Columbia.

At the meeting, shareholders fixed the number of directors at five (5), as set forth in the Company's Management Information Circular dated November 5, 2024 (the "Circular"), and re-elect the following directors of the Company for the ensuing year; Cole Evans, Susanne Hermans, David Watkins, Lawrence Roulston and Maurizio Napoli.

Shareholders also approved: (1) the re-appointment of Manning Elliot LLP as auditors of the Company for the ensuing year and authorized the board of directors to fix the auditor's remuneration, and (2) the Company's 10% rolling Equity Incentive Plan as more particularly described in the management information circular.

For further information regarding the matters considered at the Meeting readers are encouraged to review the Information Circular, a copy of which is available under the profile for the Company on SEDAR+ (www.sedarplus.ca).

About Enduro Metals

Enduro Metals is an exploration company focused on its Newmont Lake Project; a total 688km2 property located between Eskay Creek, Snip, and Galore Creek within the heart of British Columbia's Golden Triangle. Building on prior results, the Company's geological team has outlined multiple deposit environments of interest across the Newmont Lake Project including high-grade epithermal/skarn gold along the McLymont Fault, copper-gold alkalic porphyry mineralization at Burgundy, newly discovered copper-gold porphyry mineralization at North Toe, and a large 10km x 4km geochemical anomaly hosting various gold, silver, copper, zinc, nickel, cobalt, and lead mineralization along the newly discovered Chachi Corridor.

On behalf of the Board of Directors,
ENDURO METALS CORPORATION

"Cole Evans"
CEO

For further information please contact:
Corporate Communications

Ali Wasiliew - Manager of Communications
Tel: +1 (236) 420-4050
Email: wasiliew@endurometals.com

www.endurometals.com

Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause Enduro's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this news release include statements concerning the Company's expected use of proceeds of the Offering and all other statements that are not historical in nature.

Although Enduro believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233784

FAQ

What were the key decisions made at Enduro Metals (ENDMF) December 2024 AGM?

At the December 13, 2024 AGM, shareholders approved maintaining five directors, re-elected all board members, reappointed Manning Elliot LLP as auditors, and approved the 10% rolling Equity Incentive Plan.

Who are the current board members of Enduro Metals (ENDMF) following the 2024 AGM?

Following the December 2024 AGM, the board members are Cole Evans, Susanne Hermans, David Watkins, Lawrence Roulston, and Maurizio Napoli.

What is the new Equity Incentive Plan approved at Enduro Metals (ENDMF) 2024 AGM?

Shareholders approved a 10% rolling Equity Incentive Plan, with details available in the company's management information circular on SEDAR+.

Who was appointed as Enduro Metals (ENDMF) auditor at the 2024 AGM?

Manning Elliot LLP was re-appointed as the company's auditor, with the board authorized to fix their remuneration.