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Mayo Lake Minerals 2023 Annual Special Meeting Report
Ottawa, Ontario--(Newsfile Corp. - August 20, 2024) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or the Company) is pleased to provide a report on its Annual & S
About this update from Mayo Lake Minerals, Inc.
[{"type":"text","content":" Ottawa, Ontario--(Newsfile Corp. - August 20, 2024) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or the Company) is pleased to provide a report on its Annual & Special Meeting (Meeting) held on August 15 at 3790 Carp Road, Carp, Ontario. The Meeting was chaired by Dr. Vern Rampton, President & CEO and attended by directors, officers, staff and shareholders. The Company's shareholders unanimously re-elected Dr. Vern Rampton, Lee Bowles, Jeff Ackert and Gregory LeBlanc as directors; the latter two being qualified as independent. Jones & O'Connell LLP was reappointed as the Company's auditor and the arms-length shareholders overwhelmingly approved the continuance of the Company's Option Plan together with its RSU/DSU Plan. Subsequent to the Meeting, Dr. Rampton provided shareholders with an update on the Company's merger progress with WestMountain Gold, Inc., which is planned to close in the next two quarters in combination with a concurrent $7.5M private placement, the proceeds of which will be predominately applied to an aggressive drill plan to expand the estimated 1.9M ounce gold resource at WestMountain's Terra Gold Project (see press release of July 25, 2024).https://www.mayolakeminerals.com/uploads/1/4/1/8/141817088/mayo_lake_minerals_inc._boosts_post_merger_resources_final_july_25_2024.pdf About Mayo Lake Minerals Inc. (Mayo) Mayo is actively engaged in the exploration and development of four precious metal projects in the Tombstone Gold (Plutonic) Belt of the Tintina Gold Province. The properties cover 190 square kilometres in the Yukon's Mayo Mining District and lie within the traditional territory of the Na-Cho Nyäk Dun First Nation. Mayo and WestMountain Gold, Inc. have proposed a merger. About WestMountain Gold, Inc. (WestMountain) WestMountain is a junior mineral exploration and development company that is seeking to explore and develop its current prospective advanced-stage Terra Gold Project in Alaska, consisting of 339 unpatented lode mining claims and 5 leased unpatented lode mining claims. Mayo and WestMountain have proposed a merger. For additional information, please contact Vern Rampton, Ph.D., P.Eng. President, CEO Chairman; [email protected]. 613-836-2594Darrell Munro, BB.A, LL.B Corporate Administrator [email protected] Tel 613-836-2594Lee Bowles, Director: lbowles@irons...