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Gowest Gold Shareholders Approve All Resolutions at Annual Meeting

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Gowest Gold shareholders approved all resolutions at the annual meeting. Directors were elected, auditors re-appointed, and stock option plan re-approved. The company expresses gratitude for shareholder support and aims for significant progress in developing the Bradshaw Gold Mine and NTGP portfolio.
Gli azionisti di Gowest Gold hanno approvato tutte le risoluzioni nell'assemblea annuale. Sono stati eletti i direttori, riconfermati gli auditor e rinnovato il piano di opzione su azioni. La società esprime gratitudine per il sostegno degli azionisti e mira a progressi significativi nello sviluppo della miniera d'oro di Bradshaw e del portafoglio NTGP.
Los accionistas de Gowest Gold aprobaron todas las resoluciones en la junta anual. Se eligieron directores, se reasignaron los auditores y se reaprobó el plan de opciones sobre acciones. La empresa expresa su gratitud por el apoyo de los accionistas y aspira a lograr avances significativos en el desarrollo de la mina de oro Bradshaw y el portafolio NTGP.
Gowest Gold의 주주들은 연례 회의에서 모든 결의안을 승인했습니다. 이사가 선출되었고, 감사가 재임명되었으며, 주식 옵션 계획이 재승인되었습니다. 회사는 주주들의 지지에 감사를 표하며 Bradshaw 금광과 NTGP 포트폴리오 개발에서 중대한 진전을 이루기를 기대하고 있습니다.
Les actionnaires de Gowest Gold ont approuvé toutes les résolutions lors de l'assemblée annuelle. Des directeurs ont été élus, des auditeurs réaffectés, et le plan d'options sur actions a été réapprouvé. La société exprime sa gratitude pour le soutien des actionnaires et vise des progrès significatifs dans le développement de la mine d'or de Bradshaw et du portefeuille NTGP.
Die Aktionäre von Gowest Gold haben alle Beschlüsse auf der Jahreshauptversammlung gebilligt. Direktoren wurden gewählt, Prüfer wiedereingestellt und der Aktienoptionsplan erneut genehmigt. Das Unternehmen dankt den Aktionären für ihre Unterstützung und strebt erhebliche Fortschritte bei der Entwicklung der Bradshaw-Goldmine und des NTGP-Portfolios an.
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Toronto, Ontario--(Newsfile Corp. - April 25, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Company") provided an update on its annual and special meeting of shareholders held earlier today (the "Meeting"), at which shareholders of the Company approved all presented matters.

Specifically, at the Meeting:

  • The following individuals were elected as directors of the Company: C. Fraser Elliott (Chairman), Dan Gagnon, Peter Quintiliani, Meirong Yuan, Douglas Cater, and Fuhua Zhou;

  • DNTW Toronto LLP was re-appointed as auditor of the Company; and,

  • Shareholders re-approved and confirmed the 10% "rolling" stock option plan of the Company in accordance with the applicable policies of the TSX Venture Exchange.

Additional details regarding each of these matters are included in the management information circular prepared in connection with the Meeting. A copy of the management information circular is available for review under the Company's profile on SEDAR+ at www.sedarplus.ca, as well as on the Company's website.

C. Fraser Elliott, Gowest Chairman, stated, "On behalf of our management team and the rest of our directors, I would like to thank all of our shareholders for their exceptional support, and we look forward to demonstrating significant progress in the months and years to come as we further develop and expand both the Bradshaw Gold Mine and the rest of our highly prospective NTGP portfolio."

About Gowest

Gowest is a Canadian gold exploration and development company focused on the delineation and development of its 100% owned Bradshaw Gold Deposit (Bradshaw) on the Frankfield Property, part of the Corporation's North Timmins Gold Project (NTGP). Gowest is exploring additional gold targets on its +100‐square‐kilometre NTGP land package and continues to evaluate the area, which is part of the prolific Timmins, Ontario gold camp. Currently, Bradshaw contains a National Instrument 43‐101 Indicated Resource estimated at 2.1 million tonnes ("t") grading 6.19 grams per tonne gold (g/t Au) containing 422 thousand ounces (oz) Au and an Inferred Resource of 3.6 million t grading 6.47 g/t Au containing 755 thousand oz Au. Further, based on the Pre‐Feasibility Study produced by Stantec Mining and announced on June 9, 2015, Bradshaw contains Mineral Reserves (Mineral Resources are inclusive of Mineral Reserves) in the probable category, using a 3 g/t Au cut‐off and utilizing a gold price of US$1,200 / oz, totaling 1.8 million t grading 4.82 g/t Au for 277 thousand oz Au.

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 RELEASE.

For further information, please contact:

Dan Gagnon
President & CEO
Tel: (416) 363-1210
Email: info@gowestgold.com 

Greg Taylor
Investor Relations
Tel: (416) 605-5120
Email: greg.taylor@gowestgold.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206819

FAQ

Who were elected as directors of Gowest Gold at the annual meeting?

C. Fraser Elliott, Dan Gagnon, Peter Quintiliani, Meirong Yuan, Douglas Cater, and Fuhua Zhou were elected as directors of Gowest Gold

Who was re-appointed as the auditor of Gowest Gold at the annual meeting?

DNTW Toronto LLP was re-appointed as the auditor of Gowest Gold

What plan did shareholders re-approve at the annual meeting of Gowest Gold ?

Shareholders re-approved and confirmed the 10% 'rolling' stock option plan of Gowest Gold

Where can the management information circular prepared for the annual meeting be reviewed?

The management information circular can be reviewed under Gowest Gold 's profile on SEDAR+ at www.sedarplus.ca, as well as on the company's website.

What did C. Fraser Elliott, Gowest Chairman, express regarding the annual meeting?

C. Fraser Elliott thanked shareholders for their support and expressed enthusiasm for significant progress in developing the Bradshaw Gold Mine and NTGP portfolio.

Gowest Gold Ltd.

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Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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