Maple Gold Announces Annual General and Special Meeting Results

Rhea-AI Summary

Maple Gold Mines (OTCQB: MGMLF) announced results from its Annual General and Special Meeting held on November 26, 2025. All proposed resolutions were approved by voting shareholders.

Key voting outcomes: the full board slate was elected with director totals showing 99.91% to 99.06% votes in favour across nominees; appointment of auditors passed with 99.63% support. An Amended and Restated Equity Incentive Plan was approved with 89.13% FOR and 10.87% AGAINST. The report lists vote counts, withheld/abstain amounts, and a consistent non-vote tally of 2,564,267 shares for director-related items.

Positive

• Board slate elected with >99% support for most nominees
• Auditors appointed with 99.63% shareholder approval
• Equity incentive plan approved with 89.13% FOR

Negative

• Equity incentive plan drew 10.87% shareholder opposition
• Non-vote pool of 2,564,267 shares present on director votes

Vancouver, British Columbia--(Newsfile Corp. - November 27, 2025) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G0) ("Maple Gold" or the "Company") is pleased to announce that all proposed resolutions at its Annual General and Special Meeting of Shareholders held on November 26, 2025 were duly passed by an overwhelming majority of voted shareholders. The results for each of the matters voted upon at the meeting are set out below:

MOTIONS	NUMBER OF SHARES				PERCENTAGE OF VOTES CAST
	FOR	AGAINST	WITHHELD / ABSTAIN	NON VOTE	FOR	AGAINST	WITHHELD / ABSTAIN
Number of Directors	22,586,979	19,374	0	0	99.91%	0.09%	0.00%
Chris Adams	19,953,569	0	88,517	2,564,267	99.56%	0.00%	0.44%
Darwin Green	19,853,444	0	188,642	2,564,267	99.06%	0.00%	0.94%
Marc Legault	20,018,927	0	23,159	2,564,267	99.88%	0.00%	0.12%
Gerald Riverin	19,989,407	0	52,679	2,564,267	99.74%	0.00%	0.26%
Kiran Patankar	19,948,272	0	93,814	2,564,267	99.53%	0.00%	0.47%
Appointment of Auditors	22,521,715	0	84,637	1	99.63%	0.00%	0.37%
Approval of Amended and Restated  Equity Incentive Plan	17,862,896	2,179,190	0	2,564,267	89.13%	10.87%	0.00%

 

About Maple Gold

Maple Gold Mines Ltd. is a well-funded Canadian advanced exploration company focused on advancing its 100%-owned, district-scale Douay/Joutel Gold Project located in Québec's prolific Abitibi Greenstone Gold Belt. Douay/Joutel benefits from exceptional infrastructure access and boasts ~481 square kilometers of highly prospective ground including an established gold mineral resource at Douay with significant expansion potential as well as the past-producing Telbel and Eagle West mines at Joutel. In addition, the Company holds an exclusive option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel Mining Complex.

Maple Gold's property package also hosts a significant number of regional exploration targets along a 55-km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling, making the property ripe for new gold and VMS discoveries. The Company is currently focused on carrying out exploration and drill programs to grow mineral resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi. For more information, please visit www.maplegoldmines.com.

ON BEHALF OF MAPLE GOLD MINES LTD.

"Kiran Patankar"

Kiran Patankar, President & CEO

For Further Information, Please Contact:

Kiran Patankar, President & CEO
or
Deborah Honig, Adelaide Capital - deborah@adcap.ca

Phone: 647-203-8793
Email: info@maplegoldmines.com
Website: www.maplegoldmines.com
LinkedIn: https://www.linkedin.com/company/maplegoldmines

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 PRESS RELEASE.

Forward-Looking Statements and Cautionary Notes:

This news release contains "forward-looking information" and "forward-looking statements" (collectively referred to as "forward-looking statements") within the meaning of applicable Canadian securities legislation in Canada. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective,", "strategy", "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. Forward-looking statements in this news release include, but are not limited to, statements about the resource expansion and discovery potential across the Company's gold projects, and its intention to pursue such potential, and the Company's exploration work and results from current and future work programs. Although the Company believes that forward-looking statements in this news release are reasonable, it can give no assurance that such expectations will prove to be correct, as forward-looking statements are based on assumptions, uncertainties and management's best estimate of future events on the date the statements are made and involve a number of risks and uncertainties. Consequently, actual events or results could differ materially from the Company's expectations and projections, and readers are cautioned not to place undue reliance on forward-looking statements. For a more detailed discussion of additional risks and other factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements in this news release, please refer to the Company's filings with Canadian securities regulators available under the Company's profile on SEDAR+ at www.sedarplus.ca or on the Company's website at www.maplegoldmines.com. Except to the extent required by applicable securities laws and/or the policies of the TSX Venture Exchange, the Company undertakes no obligation to, and expressly disclaims any intention to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276143

FAQ

What were Maple Gold (MGMLF) AGM results on November 26, 2025?

All resolutions were approved; directors and auditors passed, and the equity incentive plan was approved 89.13% FOR.

How did shareholders vote on Maple Gold's Amended and Restated Equity Incentive Plan (MGMLF)?

Shareholders approved the plan with 89.13% FOR and 10.87% AGAINST.

Which Maple Gold (MGMLF) directors received the highest shareholder support?

Director nominations were elected with support ranging from 99.06% to 99.91% FOR.

What was the non-vote amount reported at the Maple Gold AGM (MGMLF)?

A non-vote amount of 2,564,267 shares was recorded for director-related items.

Did Maple Gold (MGMLF) shareholders approve the appointment of auditors?

Yes; the appointment of auditors passed with 99.63% FOR.