Radisson Mining Stock Price, News & Analysis

Radisson Mining Resources announced the results of its Annual General Meeting (AGM) held on June 6, 2024. Shareholders voted in favor of all business items, including the election of director nominees. A total of 106,815,727 votes were represented, equating to 33.32% of issued Class A shares.

Director vote results: Lise Chenard (98.19% in favor), Cindy Valence (98.11%), Pierre Beaudoin (86.01%), Michael Gentile (98.45%), and Jeff Swinoga (98.45%).

Additionally, 98.40% voted to re-appoint Raymond Chabot Grant Thornton as auditor, and 83.58% voted to continue the shareholders' protection regime. The Board of Directors awarded 2,515,000 stock options to directors, officers, employees, and consultants, each option priced at $0.18, valid until June 6, 2029.

Radisson focuses on its 100% owned O’Brien gold exploration project in Quebec, located in the prolific Bousquet-Cadillac mining camp.

Radisson Mining Resources appoints Matt Manson as President, CEO, and Director, starting July 1, 2024. Manson brings over 30 years of international mining experience, including roles at Marathon Gold and Stornoway Diamond

His notable achievements include leading the $345 million Valentine Gold Project merger with Calibre Mining and developing Quebec's first diamond mine, the $800 million Renard Project. Manson, recognized as Northern Miner's 2017 Mining Person of the Year, holds advanced degrees in Geology and Geophysics.

Radisson's Chairman, Denis V. Lachance, expressed confidence in Manson's ability to drive the O'Brien gold project's growth. Concurrently, Radisson granted Manson 1.3 million stock options at $0.18 per share with a five-year exercise period. Radisson focuses on its high-grade gold asset in Québec's Abitibi district.

Radisson Mining Resources announced a significant expansion of its drill program at the O’Brien Gold Project in Quebec, increasing the planned drilling to 35,000 meters. Approximately 60-70% of the drilling will focus on resource expansion between Trends 0 and 4, while 30-40% will target high-priority areas like the historic O’Brien Deep, Trend 1 Deep, and the New Alger target. The program is fully funded, with $6.5 million available, and 24 drill holes (12,960 meters) already completed. Assays are pending for 5,804 meters in 11 drill holes, with visible gold identified in some intersections. This expansion aims to accelerate resource growth and exploration, targeting new discoveries and deeper zones below the historic O’Brien Mine. The company expects to report additional assay results soon, bolstering its resource and exploration efforts.

RADISSON MINING RESOURCES INC (TSX-V: RDS, OTCQB: RMRDF) announces positive drill results at the O’Brien Gold Project in Quebec, including high-grade gold intersections and broader mineralization zones. The company adds a second drill rig to accelerate the ongoing program, funded with over $7 million. Results show potential for resource expansion and new discoveries.