Zephyr Announces Results of Annual and Special Meeting of Shareholders & Grants Stock Options
Rhea-AI Summary
Zephyr (OTC:ZPHYF, TSXV:ZFR) reported that shareholders approved all items at the May 20, 2026 AGM in Halifax. Seven directors were elected, the 10% rolling stock option plan was renewed, and Davidson & Company was reappointed as auditor.
Will Felderhof became Non-Executive Chairman, while Loren Komperdo and David Felderhof were confirmed as CEO and CFO. Zephyr granted 3,150,000 stock options at $0.08, expiring May 20, 2031, subject to TSX-V approval.
Positive
- All AGM agenda items approved by shareholders on May 20, 2026
- Seven directors elected to the board for the ensuing year
- Leadership team confirmed, including CEO and CFO appointments
- 10% rolling stock option plan renewed under TSX-V policies
- 3,150,000 stock options granted at $0.08, five-year term to 2031
- Auditor Davidson & Company reappointed until next annual meeting
Negative
- Leadership structure changes with Executive Chairman moving to Non-Executive role
- Large grant of 3,150,000 stock options may affect future share count
News Market Reaction – ZPHYF
In the May 21 session, ZPHYF gained 5.86%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Halifax, Nova Scotia--(Newsfile Corp. - May 21, 2026) - Zephyr Minerals Ltd. (TSXV: ZFR) (OTC Pink: ZPHYF) ("Zephyr" or the "Company") announced today that its shareholders voted in favour of all items of business brought before them at the Company's Annual and Special Meeting of Shareholders ("AGM") held on May 20, 2026 in Halifax, Nova Scotia.
The number of directors was set by the Company's board of directors (the "Board") at seven, with Will Felderhof, Loren Komperdo, David Felderhof, Brian Arkell, John Clark, Ted Grant and Scott Rhodenizer elected to the Board for the ensuing year.
The Company further announces that, effective following the AGM, Will Felderhof will transition from Executive Chairman to Non-Executive Chairman. The Board also confirmed the appointments of Loren Komperdo as President and Chief Executive Officer, and David Felderhof as Chief Financial Officer, Executive Vice President and Corporate Secretary.
Davidson & Company LLP, Chartered Professional Accountants was reappointed as the Company's auditor to serve until the next annual meeting of shareholders or until its successor is appointed, with remuneration to be fixed by the Board.
Shareholders also approved the renewal of the Company's
The Company has granted an aggregate of 3,150,000 stock options to directors and officers of the Company. The stock options are exercisable at a price of
About Zephyr Minerals Ltd.
Zephyr Minerals is mission focused on obtaining a mining permit for its
For further information please contact:
Loren Komperdo, President & CEO
T: 902 706-0222
info@zephyrminerals.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The forward-looking statements contained in this document are based on certain key expectations and assumptions made by the Company. The forward-looking statements contained in this document are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298376