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ScoZinc Receives Strong Stakeholder Support & Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - November 6, 2020) -   ScoZinc Mining Ltd. ( TSXV...
About this update from Edm Resources Inc
[{"type":"text","content":"ScoZinc Receives Strong Stakeholder Support & Provides a Corporate UpdateHalifax, Nova Scotia--(Newsfile Corp. - November 6, 2020) -  ScoZinc Mining Ltd. (TSXV: SZM) (\"ScoZinc\" or the \"Company\") is pleased to provide the following corporate updates to its shareholders on a range of matters.The President and CEO, Mr. Mark Haywood, commented: \"We are sincerely grateful to one of our main stakeholders, the Government of Nova Scotia, who has contributed financially towards the completion of our 2020 Pre-Feasibility Study via a grant from the Mineral Resource Development Fund. The Company also received resounding support to all of the items considered by our shareholders at our AGM held this week. Following the AGM, we were pleased to launch our Scotia Mine video, a showcase presentation of our mine's near-term potential for commercial production.\" Corporate Updates:At our AGM on November 3, 2020, shareholders approved all the items before them, including the re-election of all directors, approval of both the Stock Option Plan and the Restricted Stock Unit Incentive Plan, plus the appointment of Davidson & Company LLP, Chartered Accountants, as the new auditors of the Company. At the Meeting, the shareholders also approved the change of the Company's name.The Nova Scotia Government Mineral Resource Development Fund contributed to the cost of the Scotia Mine's Pre-Feasibility Study by way of a $150,000 grant for the completion of the Company's 2020 NI 43-101 Pre-Feasibility Study Technical Report.The Company is in active discussions with various capital providers and is aggressively pursuing the project finance required to commence commercial production at the Scotia Mine.Pursuant to the Company's RSU plan, the Board of Directors granted an aggregate of 65,000 restricted stock units (\"RSUs\") in the Company to Mr. Jason Baker, Mine Manager of the Scotia Mine. The RSUs will vest on November 5, 2021.The Company has filed on SEDAR its quarterly Financial Statements and related Management, Discussion and Analysis for the period ending September 30, 2020.The newly launched Scotia Mine video presentation can be accessed via our website at https://www.scozinc.com/presentations-events.About ScoZinc Mining Ltd.ScoZinc is a Canadian exploration and mining company that has full ownership of the Scotia Mine and related facilities ...