Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / emergent metals corp announces agm voting results


EGMCF - Emergent Metals Corp. Announces AGM Voting Results

(TheNewswire)

Vancouver, British Columbia, June 28,2024 – TheNewswire – Emergent Metals Corp.(TSXV:EMR, OTC:EGMCF, FRA:EML, BSE:EML) (“ Emergent ” or the “ Company ”) is pleased to announce the results of its AnnualGeneral Meeting (“ AGM ”) held on June 28, 2024,in Vancouver, B.C.  All resolutions presented to the shareholders asset out in the Company’s Notice of Meeting and Information Circular,both dated  May 21, 2024, were approved.  The number of Directorswas set at five with the following nominees elected as Directors: David Watkinson; Grant T. Smith; Andrew MacRitchie; Vincent Garibaldi;and Julien Davy.  MNP LLP was re-appointed as the auditor of theCompany for the ensuing year.  The renewal of the Company’sIncentive Stock Option Plan was also approved.

About Emergent

Emergent is a gold and base metal exploration companyfocused on Nevada and Quebec.  The Company’s strategy is to lookfor quality acquisitions, add value to these assets throughexploration, and monetize them through sale, joint ventures, option,royalty, and other transactions to create value for our shareholders(acquisition and divestiture (A&D) business model).  Examples ofsuccessful transactions to date include the acquisition and sale ofthe Troilus North Property, Quebec to Troilus Gold Corporation( TSX:TG )and the acquisition and sale of the East-West Property to O3 MiningInc. ( TSXV:OIII ).

In Nevada, Emergent’s Golden Arrow Property, a coreasset of the Company, is an advanced stage gold and silver propertywith a well-defined measured and indicated resource (see March 19,2018, press release for details) and a Plan of Operations andEnvironmental Assessment in place to conduct a major drilling program,subject to financing.  New York Canyon is a copper skarn and porphyryexploration property subject to an Option Agreement for Purchase andSale with Ivanhoe Electric Inc. ( NYSE:IE ).  Ivanhoe Electric can earn a 100%interest in New York Canyon by making US$2.0 million in cash/sharepayments to Emergent by August 1, 2025 (see March 1, 2024, pressrelease for details).  The Mindora Property (aka Santa Fe WestProperty) is a gold, silver, and base metal property subject to aLease with Option to Purchase Agreement with Lahontan Gold Corporation( TSXV: LG ).  Lahontan can earn a 100% interest in the property bycompleting US$1.8 million in cash/share payments and US$1.4 million inexploration expenditures over a seven-year period (see July 21, 2023,press release for details).  Buckskin Rawhide East is a gold andsilver property leased to Rawhide Mining LLC, operators of theadjacent Rawhide Mine.  Should Rawhide Mining bring the property intocommercial production, Emergent will receive “bonus payments” ofUS$15-$20 per ounce of gold produced, depending on the gold price (seeNovember 14, 2012, press release for details).

In Quebec, the Casa South Property is a goldexploration property located south of and adjacent to Hecla MiningCompany’s ( NYSE:HL ) operating Casa Berardi Mine and northof and adjacent to IAMGOLD Corporation’s ( NYSE:IAG ) GeminiTurgeon Property.  The Trecesson Property is a gold explorationproperty located about 50 km north of the Val d’Or mining camp. Emergent has a 1% NSR in the Troilus North Property, part of theTroilus Gold Project being explored by Troilus Gold Corporation. Troilus Gold has completed a NI 43-101 Technical Report for theTroilus Project’s Feasibility Study (see Troilus Gold’s pressrelease dated June 28, 2024).  Emergent also has a 1% NSR in theEast-West Property, owned by O3 Mining Inc. and part of their MarbanAlliance Property.  O3 Mining is in the process of completing aFeasibility on the Marban Alliance Property (see O3 Mining’s January31, 2024, press release for details).

Note that the location of Emergent’s propertiesadjacent to producing or past producing mines or advanced stageproperties does not guarantee exploration success at Emergent’sproperties or that mineral resources or reserves will be delineated.

For more information on the Company, investors shouldreview the Company’s website at www.emergentmetals.com orview the Company’s filings available at www.sedarplus.ca .

On behalf of the Board ofDirectors
David G. Watkinson, P.Eng.
President & CEO

For further information, please contact:

David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: info@emergentmetals.com

Neither TSX Venture Exchange nor itsRegulation Services Provider (as the term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

Cautionary Note onForward-Looking Statements

Certain statements made and information containedherein may constitute “forward looking information” and “forwardlooking statements” within the meaning of applicable Canadian andUnited States securities legislation. These statements and informationare based on facts currently available to the Company and there is noassurance that actual results will meet management’s expectations.Forward-looking statements and information may be identified by suchterms as “anticipates”, “believes”, “targets”,“estimates”, “plans”, “expects”, “may”, “will”,“could” or “would”. Forward-looking statements and informationcontained herein are based on certain factors and assumptionsregarding, among other things, the estimation of mineral resources andreserves, the realization of resource and reserve estimates, metalprices, taxation, the estimation, timing and amount of futureexploration and development, capital and operating costs, theavailability of financing, the receipt of regulatory approvals,environmental risks, title disputes and other matters. While theCompany considers its assumptions to be reasonable as of the datehereof, forward-looking statements and information are not guaranteesof future performance and readers should not place undue importance onsuch statements as actual events and results may differ materiallyfrom those described herein. The Company does not undertake to updateany forward-looking statements or information except as may berequired by applicable securities laws. TheCompany's Canadian public disclosure filings may be accessed via www.sedarplus.ca and readers areurged to review these materials, including any technical reports filedwith respect to the Company's mineral properties.

Copyright (c) 2024 TheNewswire - All rights reserved.

Stock Information

Company Name: Emgold Mining
Stock Symbol: EGMCF
Market: OTC
Website: emergentmetals.com

Menu

EGMCF EGMCF Quote EGMCF Short EGMCF News EGMCF Articles EGMCF Message Board
Get EGMCF Alerts

News, Short Squeeze, Breakout and More Instantly...