(TheNewswire)
TORONTO, Ontario – TheNewswire - April 25, 2022 - AFR NuVenture Resources Inc.(the "Company") [TSXV:AFR] announcesthat TSX Venture Exchange has accepted forfiling the Company’s proposal to alter its Articles to allow for thelocation of shareholder meetings to be determined by way of aDirectors Resolution dated April 11, 2022 and for such location to bewithin or outside British Columbia. As a result, the Company will holdits annual meeting of shareholders (the “AGM”) o n May 25, 2022 at 11:00 a.m. (Toronto time) at theCompany’s office at Suite 204, 133 Richmond St. West, Toronto,Ontario, M5H 2L3. Now that the COVID related restrictions ongatherings have eased, the Company looks forward to being able meet inperson while, at the same time, observing appropriate safetyprecautions. Meeting materials are expected to be sent to shareholderson or about April 29, 2022.
A copy of the Company’s amended Articles will befiled with the Company’s documents on SEDAR at www.sedar.com along withthis press release.
On the exploration front, the previously announcedgeophysical surveys on the Montana property have been completed and wehave delivered the data received from Big Sky Geophysics to ourindependent geophysical consultant for analysis and recommendations.His report is expected imminently. Regarding the New Brunswickproject, our director/geologist, Doug Hunter is working on anexploration program for the Mactaquac and Utopia properties on theproject as well as a Power Point presentation in cooperation withAdrian Davies of our joint venture partner, Edge Exploration. Whenthey are completed, they will be posted to our website and will beavailable for presentation at the AGM.
On behalf of the Board of Directors,
“John F. O’Donnell”
John F. O’Donnell, Chairman and CEO
For more information on the Company, investors shouldreview the Company's filings on SEDAR at www.sedar.com and our websiteat www.afrnuventure.com .
Douglas Hunter, P.Geo., is theQualified Person responsible for the technical information containedin this press release.
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release .
This news release contains"forward-looking information" (within the meaning ofapplicable Canadian securities laws) and "forward-lookingstatements" (within the meaning of the U.S. Private SecuritiesLitigation Reform Act of 1995). Such statements or information areidentified with words such as "anticipate","believe", "expect", "plan","intend", "potential", "estimate","propose", "project", "outlook","foresee" or similar words suggesting future outcomes orstatements regarding an outlook.
Such statements include, amongothers, those concerning, the Company's exploration and reportingplans as well as the plans for the AGM and the mailing of meetingmaterials. Such forward-looking information or statements are based ona number of risks, uncertainties and assumptions which may causeactual results or other expectations to differ materially from thoseanticipated and which may prove to be incorrect. Assumptions have beenmade regarding, among other things, management's expectationsregarding its ability to initiate and complete future exploration workas expected and acquire and finance other projects. Actual resultscould differ materially due to a number of factors, including, withoutlimitation, operational risks in the completion of the Company'sfuture exploration work, technical, safety or regulatoryissues, social and marketconditions related to the COVID-19 global pandemic; the worldwideeconomic and social impact of COVID-19; the duration and extent ofCOVID-19; changes in general economic conditions; the imposition ofgovernment restrictions on business related to COVID-19, any positivecases of COVID-19 at a project site or in the area which may cause areduction or suspension in operations and activities which mayultimately affect and delay the exploration timeline, and the newpotentially worldwide geopolitical and economic uncertaintiesresulting from the current widely followed crisis in Ukraine.
Although the Company believes thatthe expectations reflected in the forward-looking information orstatements are reasonable, prospective investors in the Company'ssecurities should not place undue reliance on forward-lookingstatements because the Company can provide no assurance that suchexpectations will prove to be correct. Forward-looking information andstatements contained in this news release are as of the date of thisnews release and the Company assumes no obligation to update or revisethis forward-looking information and statements except as required bylaw.
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