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Canex Announces Results of Annual & Special Meeting

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Canex Metals Inc. (NOMNF) held its Annual & Special Meeting on August 6, 2024, where shareholders made key decisions for the company's governance. The meeting resulted in the re-election of five directors to the Board: Shane Ebert, Jean-Pierre Jutras, Lesley Hayes, Gregory Hanks, and Blair Schultz. Shareholders also approved maintaining the Board size at five members and ratified the company's stock option plan. Additionally, BDO Canada LLP was appointed as the company's auditors. These decisions reflect continuity in Canex's leadership and financial oversight, which could be significant for investors considering the company's future direction and governance structure.

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Positive

  • Re-election of all five directors, indicating stability in company leadership
  • Shareholder approval of the stock option plan, potentially aligning management and shareholder interests
  • Appointment of BDO Canada LLP as auditors, ensuring continued financial oversight

Negative

  • None.

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On the day this news was published, NOMNF declined NaN%, reflecting a moderate negative market reaction.

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CALGARY, AB / ACCESSWIRE / August 6, 2024 / CANEX Metals Inc. ("Canex") is pleased to report that at its Annual & Special Meeting, held on August 6, 2024, Shane Ebert, Jean-Pierre Jutras, Lesley Hayes, Gregory Hanks and Blair Schultz were re-elected to the Board of Directors. Shareholders also approved fixing the number of directors at five, the appointment of BDO Canada LLP as Auditors and ratified Canex's stock option plan.

About CANEX Metals

CANEX Metals (TSX.V:CANX) is a Canadian junior exploration company focused on advancing it's 100% owned Gold Range Project in Northern Arizona. With several near surface bulk tonnage gold discoveries made to date across a 4 km gold mineralized trend, the Gold Range Project is a compelling early stage opportunity for investors. CANEX is also advancing the Louise Copper-Gold Porphyry deposit in British Columbia. Louise contains a large historic copper-gold resource that has seen very little deep or lateral exploration, offering investors copper and gold discovery potential. CANEX is led by an experienced management team which has made three notable porphyry and bulk tonnage discoveries in North America and is sponsored by Altius Minerals (TSX:ALS), a large shareholder of the Company.

"Shane Ebert"

Shane Ebert, President/Director

For Further Information Contact:
Shane Ebert at 1.250.964.2699 or
Jean Pierre Jutras at 1.403.233.2636
Web: http://www.canexmetals.ca

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.

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of CANEX Metals Inc. internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of CANEX. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause CANEX's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in CANEX's filings with the Canadian securities authorities. Accordingly, holders of CANEX shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. CANEX disclaims any responsibility to update these forward-looking statements.

SOURCE: CANEX Metals Inc.



View the original press release on accesswire.com

FAQ

Who was re-elected to the Canex Metals (NOMNF) Board of Directors in the August 6, 2024 meeting?

Shane Ebert, Jean-Pierre Jutras, Lesley Hayes, Gregory Hanks, and Blair Schultz were re-elected to the Canex Metals (NOMNF) Board of Directors.

What was the outcome of Canex Metals' (NOMNF) stock option plan vote in the August 2024 meeting?

Shareholders ratified Canex Metals' (NOMNF) stock option plan during the Annual & Special Meeting held on August 6, 2024.

Which auditing firm was appointed for Canex Metals (NOMNF) in the August 2024 shareholder meeting?

BDO Canada LLP was appointed as the auditors for Canex Metals (NOMNF) during the Annual & Special Meeting on August 6, 2024.

How many directors did shareholders approve for Canex Metals' (NOMNF) board in the August 2024 meeting?

Shareholders approved fixing the number of directors at five for Canex Metals' (NOMNF) board during the August 6, 2024 Annual & Special Meeting.
Canex Metals

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