Business
Eagle Plains Resources Shareholders Approve all Matters at Annual General Meeting
CRANBROOK, BC / ACCESSWIRE / December 7, 2023 / Eagle Plains Resources Ltd. (TSX-V:EPL),(the "Company") shareholders approved all matters put before them at the
About this update from Eagle Plains Resources Ltd.
[{"type":"text","content":" CRANBROOK, BC / ACCESSWIRE / December 7, 2023 / Eagle Plains Resources Ltd. (TSX-V:EPL),(the \"Company\") shareholders approved all matters put before them at the Company's Annual and Special Meeting held on December 7th, 2023 at the Company's offices in Cranbrook, BC. Elected the following directors of the Company for the ensuing year: Timothy Jay Termuende, Charles C. (Chuck) Downie, Glen J. Diduck, William (Bill) Bennett and Paul Reynolds; Appointed Crowe MacKay LLP as auditors of the Company for the ensuing year; Passed a resolution approving the renewal of the Company's Stock Option Plan; Eagle Plains remains active in the junior mining space, with steady project acquisitions and ongoing exploration projects underway targeting a variety of commodities located in British Columbia, Saskatchewan, Yukon, and NWT. The Company remains financially healthy and currently holds ~$8.5M cash in treasury, over $1,400,000 in investments, ~$1,500,000 in real estate and hard assets and carries no debt. TerraLogic Exploration Inc., EPL's 100%-owned subsidiary, continues to generate significant revenue through its mineral exploration consulting activities for third-party clients in addition to providing valuable intellectual capital to Eagle Plains. About Eagle Plains Resources Based in Cranbrook, B.C., Eagle Plains is a well-funded, prolific project generator that continues to conduct research, acquire and explore mineral projects throughout western Canada. The Company was formed in 1992 and is the ninth-oldest listed issuer on the TSX-V (and one of only three that has not seen a roll-back or restructuring of its shares). Eagle Plains has continued to deliver shareholder value over the years and through numerous spin outs has transferred over $100,000,000 in value directly to its shareholders, with Copper Canyon Resources and Taiga Gold Corp. being notable examples. In late 2022 Eagle Plains announced the formation of a separate division within the Company: Eagle Royalties Ltd. (\"ER\") which holds many of Eagle Plains' diverse portfolio of royalty assets. The restructuring enhanced the valuation of Eagle Plains' extensive royalty interests, enabling ER to market and develop its royalty assets while seeking additional royalty acquisition opportunities. Eagle Royalties' royalty assets cover a broad spectrum of commodities on projects contro...