Business
Kintavar Exploration Announces Results of Annual and Special Meeting
MONTRÉAL, June 27, 2024 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce th
About this update from Auriginal Mining Corp.
[{"type":"text","content":" MONTRÉAL, June 27, 2024 (GLOBE NEWSWIRE) -- Kintavar Exploration Inc. (the “Corporation” or “Kintavar”) (TSX-V: KTR) (FRANKFURT: 58V), is pleased to announce the results of its Annual and Special Meeting (the “AGM”). All the resolutions that were presented at the AGM on June 26, 2024, were approved by the shareholders. These resolutions include the nomination of the directors and the auditors as well as the adoption of the Omnibus Equity Incentive Plan (the “Omnibus Plan”). Geneviève Ayotte, Kiril Mugerman, Guy Le Bel and Maxime Lemieux were re-elected on the Board of Directors. Moreover, during the Board meeting held after the AGM, Maxime Lemieux was reconducted as Corporate Secretary and Geneviève Ayotte as Chair of the audit committee. Guy Le Bel and Maxime Lemieux will complete the audit committee. The Board of Directors has also granted 2,875,000 stock options under the Corporation’s Omnibus Plan to directors, officers and employees at an exercise price of $0.025 per share. These options expire five (5) years from the date of the grant, on June 26, 2029. About Kintavar Exploration & the Mitchi – Wabash Properties Kintavar Exploration is a Canadian mineral exploration Corporation engaged in the acquisition, assessment, exploration and development of gold and base metal mineral properties. Its flagship project is the Mitchi – Wabash copper-silver district (approx. 39 000 hectares, 100% owned) located 100 km north of the town of Mont-Laurier and 15 km East of the town of Parent in Quebec. Both properties cover an area of more than 300 km2 accessible by a network of logging and gravel roads with access to hydro-electric power already on site, major regional roads including railroad and a spur. The properties are located in the north-western portion of the central metasedimentary belt of the Grenville geological province. The projects primarily focus on sediment-hosted stratiform copper type mineralization (SSC) but include Iron Oxide Copper Gold (IOCG) and skarn type targets. Osisko holds a 2% NSR on 27 claims of the southern portion of the Mitchi property, outside of the sedimentary basin. Kintavar also has exposure in the gold greenstones of Quebec by advancing the Anik Gold Project in a partnership with IAMGOLD and several early-stage projects that were optioned by Gitennes Exploration. Kintavar supports local deve...