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Copper Lake Announces Results of AGM and Resignation of Director
TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- Copper Lake Resources Ltd . (TSX-V: CPL, Frankfurt...
About this update from Copper Lake Resources Ltd.
[{"type":"text","content":"Copper Lake Announces Results of AGM and Resignation of Director\n\n\n\n TORONTO, June 17, 2025 (GLOBE NEWSWIRE) --\n \n Copper Lake Resources Ltd\n \n . (TSX-V: CPL, Frankfurt: WOI, OTC: WTCZF) (“\n \n Copper Lake\n \n ” or the “\n \n Company\n \n ”) is pleased to announce the results from the Annual General and Special Meeting of Shareholders (“AGM”).\n \n\n\n Results of AGM\n \n\n\n A total of 46,955,474 shares representing 17.36% of the total issued and outstanding shares at the record date of the AGM were voted.\n \n\n Shareholders passed all resolutions set out in the management information circular of the Company dated April 30, 2025, including the re-election of the incumbent directors, setting the number of directors at five, the approval of Copper Lake’s stock option plan as required annually by the TSX Venture Exchange, and the proposed common share consolidation. The percent of votes in favor of the various motions ranged from 97.68% to 83.74%.\n \n\n\n Director Resignation\n \n\n\n The Company announces that Dr. Jeffrey Malaihollo, PhD, BA, FGS, MAusIMM has tendered his resignation as a director of the Company, effective June 13, 2025. Dr. Malaihollo has resigned to focus on other business interests.\n \n\n Dr. Malaihollo was first elected at the Company’s Annual General Meeting in September 2016. The Board of Directors would like to sincerely thank Dr. Malaihollo for his contributions to the Company and wish him continued success.\n \n\n\n ABOUT COPPER LAKE RESOURCES\n \n\n\n Copper Lake Resources Ltd. is a publicly traded Canadian mineral exploration and development company with interests in two projects both located in Ontario. www.copperlakeresources.com\n \n\n The\n \n Marshall Lake\n \n high-grade VMS copper, zinc, silver and gold project, comprises an area of approximately 220 square km located 120 km north of Geraldton, Ontario and is just 22 km north of the main CNR rail line. Copper Lake has an 82.97% interest in the joint ventured property, which consists of 233 claims and 52 mining leases. The project also includes 148 claim cells staked in 2018 and 2020 that are 100% owned and not subject to any royalties. These newer claims add approximately 30 square km to the property.\n \n\n In addition to the original Marshall Lake property above, Marshall Lak...