(TheNewswire)
Vancouver, B.C. – TheNewswire - December 4, 2020 ? Crest ResourcesInc. (CSE:CRES) (CNSK:CRES.CN)(OTC:CRSTF) (the “Company”) is pleased toannounce that all of the resolutions put forth prior to adjournment atits Annual General and Special Meeting of Shareholders held onDecember 3, 2020 (the “Meeting”) have been approved. The numberof Directors was set at four and the Shareholders elected MichaelCollins, Jason K. McLaughlin, Garry Stock and Jonas Lauren Norr asDirectors. Manning Elliott, LLP was appointed as auditor for theensuing year. The Shareholders granted the Directors of the Companythe authority to expand the Company’s corporate objectives toinclude participation in prospect generation opportunities, theinvestment in private equity and liquid public market securities insuch industries and sectors as the directors may determine from timeto time, and to become an “investment company” in the manner ascontemplated in the policies of the Canadian SecuritiesExchange.
As set out in the Company’s news release of November20, 2020, an Addendum to the Information Circular and a SupplementalProxy (the “RSU Materials”) were mailed to Shareholders onNovember 30, 2020 seeking Shareholder approval for a restricted shareunit plan . In that regard the Meeting wasadjourned to be reconvened on December 21, 2020 at 10:30 a.m. PST to allow time for the RSU Materials to bedistributed to Shareholders and for Supplemental Proxies to bereturned.
ABOUT CREST RESOURCES INC.
Crest Resources Inc. is a British Columbia companylisted on the Canadian Securities Exchange under the symbol CRES. TheCompany’s principal business activity is the acquisition,exploration and evaluation of mineral property assets in Canada,Australia and Peru and the investment in mineral exploration companiesand related mining technologies of merit. The Company’s Canadianmineral property assets include various land and corporate ownershippositions within the Exploits Subzone, the newest emergingdistrict-scale gold exploration and mining district in the province ofNewfoundland and Labrador.
FOR FURTHER INFORMATIONCONTACT:
Michael Collins
President and CEO
Crest Resources Inc.
Telephone: 604-681-3170
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.
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