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- Company successfully obtains shareholder approval to proceed with its lumps plant purchase.
- Shareholders authorize company to move Exchanges to facilitate ease of operational business.
Purchase of Ares’ Lumps Processing Plant
The Scrutineer reported that 99.737% of the 41,817,458 votes cast at the meeting by shareholders were in favor of the purchase of the lumps plant.41,817,458. The Company will now proceed with the completion of the purchase and arrange delivery.
Election of Directors
The Company is pleased to announce the following 6 directors have been elected to the Company's Board of Directors:
-
James Walker -
Karl Marek -
Bob Li -
Paul Sarjeant -
Raul Sanabria -
Michael Li
There were no further nominations.
Delisting of the Common Shares from
The Scrutineer reported that 99.187% of the 31,414,800 votes cast by Shareholders at the meeting were in favor of delisting from the TSXV. The Chairman declared that the delisting resolution was authorized and approved. The Company will now proceed with the process to delist from the TSXV and relist on the
Appointment of Auditor
At the meeting, shareholders reappointed the Company's auditors,
Approval of Stock Option Plan
The Scrutineer reported that 41,600,636 shares or 99.26% voted for the plan. The affirmative vote was received and sufficient for approval. The Chairman stated that the Option Plan Resolution approving theCorporation’s Stock Option Plan has been passed by the votes at this meeting and declared that the rolling Stock Option Plan of the Corporation is authorized and approved.
Presentation of Audited financial statements and report of auditor
The Chairman believed that each registered shareholder has had an opportunity to examine the statements and the auditor report and asked that the statements and the report be taken.
In 2018 the
- 100% owned – 2,100 acres – 118 Claims
- Located in the
Spor Mountain area,Juab County, Utah , approximately 214 km south-west ofSalt Lake City .- Fully Permitted – including mining permits.
- NI 43-101 Technical Report identified extensive high-grade fluorspar with low levels of impurities.
- Mining plan approved by BLM1
First approved by
Renewed by
ON BEHALF OF THE BOARD OF DIRECTORS OF
Chief Executive Officer and President
For further information, please contact
Neither the
1
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