Trans Canada Gold Reports Voting Results from the 2025 Annual General Meeting

Rhea-AI Summary

Trans Canada Gold (OTC:TTGXF) announced shareholder voting results from its Annual General Meeting held on December 19, 2025. Shareholders representing 22,659,848 common shares (44.18%) voted in favor of election of all director nominees. Shareholders also approved re-appointment of Dale Matheson Carr-Hilton Labonte LLP as auditors and adopted a new 2025 Equity Incentive Plan.

The Plan replaces the 10% rolling stock option plan and permits issuance of options, restricted share units, performance share units and deferred share units, with an aggregate reserve not to exceed 10% of issued common shares on a rolling basis.

Positive

• Shareholder approval of 2025 Equity Incentive Plan
• 22,659,848 shares (44.18%) voted in favor
• Re-appointment of Dale Matheson Carr-Hilton Labonte LLP

Negative

• Equity Incentive Plan allows up to 10% dilution of issued shares
• Only 44.18% shareholder turnout in favor (limited voting participation)

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / December 22, 2025 / TRANS CANADA GOLD CORP. (TSXV:TTG) ("Trans Canada" or the "Company") is pleased to announce the voting results from the Company's Annual Meeting of shareholders held on December 19^th, 2025 (the "Meeting"). A total of 22, 659, 848 common shares or 44.18% of the common shares were voted in favor of the election of all director nominees.

The re-appointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, was also approved by the shareholders.

The Company further announces that its shareholders have approved the Company's adoption of its 2025 Equity Incentive Plan (the "Plan") at the Meeting. The Plan allows the Company to issue stock options, restricted share units, performance share units and deferred share units ("Awards") and replaces the Company's 10% rolling stock option plan. The aggregate number of common shares reserved for issuance in respect of Awards may not exceed 10% of the total number of issued common shares of the Company at the time an Award is granted. The Plan has a "rolling" limit, as the number of common shares reserved for issuance pursuant to outstanding Awards will automatically increase as the Company's issued and outstanding share capital increases.

ABOUT TRANS CANADA GOLD CORP. - MINING EXPLORATION & OIL AND GAS PRODUCTION/REVENUE PRODUCING WELLS

The Company is a discovery focused Oil & Gas Resource Development and Mineral Exploration Company that is currently focused on developing and drilling its' production of conventional heavy oil exploration properties, increasing production capabilities, and increasing future oil production revenues through responsible exploration. The Company identifies, acquires and finances with its working interest partners, the ongoing development of mining and oil and gas assets primarily situated in Canada. The Company has qualified Senior exploration management and Geological teams of professionals, seasoned in exploration production, field exploration and drilling. The Company currently works on heavy oil production and drilling with Croverro Energy Ltd., who has demonstrated proficiency, expected of an experienced oil and gas technical team that has proven oil production, and revenue success with large multi-lateral wells currently under their supervision. The Company has the necessary manpower in place to develop all of its natural resource properties and manage its production properties. The Company is committed to minimizing risk through selective property acquisitions, and responsible exploration drilling, and maximizing long term petroleum and natural gas resource assets.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Tim Coupland, President and CEO
Trans Canada Gold Corp.
Tel: (604) 681-3131
astar@telus.net
www.transcanadagold.com

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

SOURCE: Trans Canada Gold Corp.

View the original press release on ACCESS Newswire

FAQ

What did Trans Canada Gold (TTGXF) shareholders approve on December 19, 2025?

Shareholders approved the election of all director nominees, re-appointed Dale Matheson Carr-Hilton Labonte LLP as auditors, and adopted the 2025 Equity Incentive Plan.

How many shares voted in favor of director elections at Trans Canada Gold's 2025 AGM?

22,659,848 common shares representing 44.18% of issued common shares voted in favor.

What are the key terms of Trans Canada Gold's 2025 Equity Incentive Plan (TTGXF)?

The Plan permits stock options, restricted share units, performance share units and deferred share units, with an aggregate reserve not to exceed 10% of issued common shares on a rolling basis.

How will the 10% rolling Equity Incentive Plan affect TTGXF shareholders?

The Plan creates potential dilution equal to up to 10% of issued common shares as awards are granted and outstanding.

When did Trans Canada Gold hold its 2025 Annual General Meeting?

The company's Annual General Meeting was held on December 19, 2025.