Tectonic Metals Announces Results Of 2024 Annual General Meeting

Rhea-AI Summary

Tectonic Metals Inc. (TSX-V:TECT)(OTCQB:TETOF) held its Annual General Meeting of Shareholders (AGM) on September 19, 2024. The company announced that shareholders approved all matters voted on at the online meeting. These included:

• Re-election of Antonio Reda, Allison Rippin Armstrong, Joseph J. Perkins, John Armstrong, and Michael W. Roper to the Board of Directors
• Re-appointment of Davidson & Company LLP as auditors
• Approval of the Company's Equity Incentive plan

The announcement reflects the shareholders' continued support for the current leadership and strategic direction of Tectonic Metals.

Positive

• Shareholders approved all matters at the AGM, indicating strong support for the company's direction
• Re-election of all proposed Board members, maintaining leadership continuity
• Approval of the Equity Incentive plan, potentially aligning management interests with shareholders

Negative

• None.

Shareholders Approved all Matters Voted on at the Annual General Meeting

VANCOUVER, BC / ACCESSWIRE / September 20, 2024 / Tectonic Metals Inc. (TSX-V:TECT)(OTCQB:TETOF) (the " Company " or " Tectonic ") is pleased to announce that Tectonic shareholders approved all matters voted on at the Annual General Meeting of Shareholders (" AGM ") held on Thursday, September 19, 2024, online, including:

• the re-election of Antonio Reda, Allison Rippin Armstrong, Joseph J. Perkins, John Armstrong and Michael W. Roper to the Tectonic Board of Directors;

• the re-appointment of Davidson & Company LLP as auditors of the Company; and

• the approval of the Company's Equity Incentive plan.

About Tectonic Metals

Tectonic Metals Inc. is a gold exploration company founded by the same key executives who transformed Kaminak Gold from a $3 million venture into a $520 million success story. These leaders raised $165 million to fund the acquisition, discovery, and advancement of the Coffee Gold Project in the Yukon Territory, including the completion of a bankable feasibility study, before selling the multi-million-ounce gold project to Goldcorp Inc. (now Newmont) for C$520 million in 2016.

Success with the Coffee Gold Project is only one example, as each member of the Tectonic team has a significant track record of success in all facets of exploration and mining, including over 30 Moz of gold discoveries, 18 feasibility studies, 20 projects permitted, over $3 billion in M&A transactions and over $2 billion in capital raising.

Tectonic's mission statement is "to be the number one mineral exploration company in the world." The Company applies a disciplined, up-front de-risking strategy to address the economics, community benefits, and sustainability of its projects and refers to this as the "Shift in the Game." The Tectonic team is focused on demonstrating tier-1 mining opportunities, not drill plays.

Whether at home or at work, the Tectonic team is grounded on the following core values: passion, integrity, patience, focus, perseverance, honesty, fairness, accountability, respect and a big mindset. The Company's vision is to create transformational wealth for our shareholders by identifying, discovering and developing world-class gold districts in North America with a commitment to high standards of environmental stewardship and maximizing social and economic benefits to the communities in which they live and operate.

To learn more about Tectonic Metals or to Subscribe to our email list, click Here

Tour the Flat Gold Project 

Tectonic invites you to take a virtual tour of our Flat Gold Project with both the CEO of Tectonic and one of Alaska's largest for-profit Native Regional Corporations, Doyon, by clicking here:  https://bit.ly/FlatProjectSiteTour

To be a part of "The Shift," follow us on social media:

X:  https://x.com/TectonicMetals

LinkedIn: https://www.linkedin.com/company/tectonic-metals

Instagram: https://www.instagram.com/tectonicmetals/

Facebook: https://www.facebook.com/TectonicMetals/

YouTube: https://www.youtube.com/@TectonicMetalsInc

On behalf of Tectonic Metals Inc.,

Tony Reda

President and Chief Executive Officer

For further information about Tectonic Metals Inc. or this news release, please visit our website at www.tectonicmetals.com or contact Jesse Manna, Investor Relations, toll-free at 1.888.685.8558 or by email at jesse@tectonicmetals.com .

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Tectonic Metals Inc.

View the original press release on accesswire.com

FAQ

When was Tectonic Metals' (TETOF) 2024 Annual General Meeting held?

Tectonic Metals' 2024 Annual General Meeting was held on Thursday, September 19, 2024, online.

Who was re-elected to Tectonic Metals' (TETOF) Board of Directors in the 2024 AGM?

Antonio Reda, Allison Rippin Armstrong, Joseph J. Perkins, John Armstrong, and Michael W. Roper were re-elected to Tectonic Metals' Board of Directors.

What auditing firm was re-appointed for Tectonic Metals (TETOF) at the 2024 AGM?

Davidson & Company LLP was re-appointed as auditors of Tectonic Metals at the 2024 Annual General Meeting.

What plan did Tectonic Metals (TETOF) shareholders approve at the 2024 AGM?

Tectonic Metals shareholders approved the Company's Equity Incentive plan at the 2024 Annual General Meeting.