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Altaley Announces the Results of 2021 AGM and Termination of IR Agreements
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2021) - Altaley Mining Corporation ...
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[{"type":"text","content":"Altaley Announces the Results of 2021 AGM and Termination of IR AgreementsVancouver, British Columbia--(Newsfile Corp. - December 6, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (\"Altaley\" or the \"Company\" is pleased to report on the results of 2021 Annual General Meeting.2021 Annual General MeetingThe Company held its Annual General Meeting (\"AGM\") on November 30, 2021. A total of 70,296,565 common shares representing 27.61% of the Company's issued and outstanding shares were voted in connection with the AGM. All matters tabled for consideration, as outlined on the Company's Notice of Annual General Meeting were unanimously approved including the re-election of the following incumbent Directors: Ralph Shearing, David Rhodes, Ruben Alvidrez Ortega, Natascha Kiernan, Mark Bailey, Roberto Guzman, and Tom Kelly.Grant Thornton LLP, Chartered Professional Accountants were re-appointed as auditors of the Company until the close of the next annual general meeting.The 2020 Stock Option Plan was renewed as the Company's 2021 Stock Option Plan as set out in the Information Circular dated October 25, 2021. The Company will file the 2021 Stock Option Plan with the TSX Venture Exchange for its approval pursuant to Exchange policies.Amendment regarding the re-pricing of certain stock options representing a total of 1,683,333 common shares to a reduced price of $0.30 per share was approved by ordinary resolution of the disinterested shareholders of the Company.Further details on the above matters are set forth in the Company's meeting materials, including the Management Information Circular dated October 25, 2021, which are accessible on Altaley's website at http://www.altaleymining.com and under the Company's issuer profile on SEDAR at www.sedar.com.In a subsequent meeting after the AGM the Board of Directors re-appointed David Rhodes as Chairman of the Board, Ralph Shearing as Chief Executive Officer and President, Omar Garcia Abrego as Chief Financial Officer, Armando Alexandri as Chief Operating Officer, Enrique Margalef Vergara as Vice President & Director of Mexican Administration and Finance, and Laura Lopez Martinez as VP Financial Analyst.The following Committee appointments for the Company were made as listed below:Audit Committee: David Rhodes (Chair), Natascha Kiernan and Mark BaileyCompensat...