(TheNewswire)
Vancouver, B.C. - TheNewswire- December 20, 2021 ? Crest Resources Inc.(CSE:CRES) (CNSX:CRES.CN) (OTC: CRSTF) (the “Company” or “Crest”) announces that at itsAnnual General Meeting held Friday, December 17, 2021, all directors were re-elected and shareholders approved allthe resolutions detailed in the management information circular of theCompany, including authorizing the directors to expand the Company’s corporate objectives to includeparticipation in prospect generation opportunities, to invest inprivate equity and liquid public market securities in such industriesand sectors as the directors may determine from time to time, and tobecome an investment company.
With shareholder approval for the Company becoming aninvestment company having been received, Crest is working with the CSEand, as requested, will update the listing statement currently on fileto include auditor reviewed statements for the fiscal quarter endedNovember 30, 2021. The Company anticipates being designated as aninvestment company under CSE policies in Q1 2022.
A total of 47,767,684 common shares of the Company werevoted at the AGM, representing approximately 60.05% of the issued andoutstanding shares of the Company, of which 99.52% were voted infavour of all items before the Annual General Meeting.
About Crest Resources Inc.
The Company’s principal business activity is theacquisition, exploration and evaluation of mineral property assets inCanada, Australia and Peru and the investment in mineral explorationcompanies and related mining technologies of merit. The Company’sCanadian assets include various land and corporate ownership positionswithin the Exploits Subzone, the newest emerging district-scale goldexploration and mining district in the province of Newfoundland andLabrador, mineral recovery systems with 3RC/Ecomine/Gemina Labs,copper and gold exploration in the Toodoggone with Volatus Capital and v anadium in QueenslandAustralia.
FOR FURTHER INFORMATIONCONTACT:
Christopher Huggins
President and COO
Crest Resources Inc.
Telephone: 778 - 819 - 2709
Neither the Canadian SecuritiesExchange nor its Regulation Service Provider (as the term is definedin the policies of the Canadian Securities Exchange) acceptsresponsibility for the adequacy of accuracy of this newsrelease.
Copyright (c) 2021 TheNewswire - All rights reserved.