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African Metals Corporation Announces Amendments to Stock Option Plan and Confirmation of Appointment of President

(TheNewswire) FOR IMMEDIATE RELEASE: TORONTO, Ontario – The Newswire – Fe...

articleAbsolutely Critical Resources Corp.February 11, 20213/company/absolutely-critical-resources-corp/news/african-metals-corporation-announces-amendments-to-stock-option-plan-and-confirmation-of-appointment-of-president-1
African Metals Corporation Announces Amendments to Stock Option Plan and Confirmation of Appointment of President

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[{"type":"text","content":"African Metals Corporation Announces Amendments to Stock Option Plan and Confirmation of Appointment of President\n \n \n (TheNewswire)\n \n \n FOR IMMEDIATE RELEASE: TORONTO, Ontario – The Newswire – February\n11, 2021 – African Metals Corporation (NEX: AFR.H) (“\n \n African Metals\n \n ” or the “\n \n Company\n \n ”) is pleased to announce\nthat the board of directors of the Company has approved certain\namendments to the stock option plan of the Company, subject to the\napproval of (i) the TSX Venture Exchange and (ii) the Company’s\nshareholders, which approval will be sought at the Company’s\nupcoming Annual General and Special Meeting of shareholders to be held\non March 17, 2021 (the “\n \n 2021 Annual\nGeneral and Special Meeting\n \n ”). For further information\nregarding the amendments to the Company’s stock option plan, please\nrefer to the management information circular of the Company for the\n2021 Annual General and Special Meeting, which is expected to be filed\non the Company’s profile on SEDAR on or about February 16, 2021.\n \n \n Additionally, the board of directors of the Company confirmed the\nappointment of Simeon Tshisangama as President of the Company\neffective July 18, 2016. Mr. Tshisangama has been a director of the\nCompany since\n \n September 20, 2010\n \n and Chief\nExecutive Officer (“\n \n CEO\n \n ”)\nof the Company since July 18, 2016. The appointment as President is\nmeant to recognize the intention of the Company at the time of Mr.\nTshisangama’s previous appointment as CEO.\n \n \n \n Neither TSX Venture Exchange nor its\nRegulation Services Provider (as that term is defined in policies of\nthe TSX Venture Exchange) accepts responsibility for the adequacy or\naccuracy of this release\n \n .\n \n \n \n About African Metals\n \n \n \n The common shares of the Company are listed on the NEX Board (“\n \n NEX\n \n ”) of the TSX Venture Exchange\n(the “\n \n TSX-V\n \n ”). The Company\nhas applied to the TSX-V to transfer its listing from the NEX to the\nTSX-V as a Tier 2 issuer and to reinstate trading of the Common Shares\non the TSX-V, all in accordance with applicable rules and policies of\nthe TSX-V.\n \n \n \n Forward-Looking Information:\n \n This news...

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