Business
Mayo Lake Minerals Reports Annual Meeting Results
Provides Operational Update Ottawa, Ontario--(Newsfile Corp. - February 10, 2026) - Mayo Lake Minerals Inc. (CSE: MLKM) ("Mayo Lake" or "Company") is pleased to
About this update from Mayo Lake Minerals, Inc.
[{"type":"text","content":" Provides Operational Update Ottawa, Ontario--(Newsfile Corp. - February 10, 2026) - Mayo Lake Minerals Inc. (CSE: MLKM) (\"Mayo Lake\" or \"Company\") is pleased to report the results of its Annual & Special Meeting held on January 23, 2026, in Carp, Ontario, and to provide an operational update on preparations for its 2026 field season. The Company previously announced its 2026 trenching and drilling campaign on January 26, 2026, available here. Annual Meeting Results A total of 31,536,883 shares, representing 28% of the outstanding common shares were voted. The shareholders approved all matters presented at the Meeting: Directors re-elected: Dr. Vern Rampton (100%), Lee Bowles (100%), Jeff Ackert (100%), and Gregory LeBlanc (99.7%). The latter three are independent. Auditor reappointed: Jones & O'Connell LLP (100%). Share consolidation authorized: Shareholders unanimously approved a special resolution authorizing the Board to consolidate the outstanding shares at a ratio of not less than one new share for every three outstanding shares, subject to the Board determining that such consolidation is in the best interests of the Company. The Board does not currently intend to proceed with a consolidation. Operational Status: Contractor Negotiations and Mobilization Following the Company's previously announced programs, Mayo Lake is exploring, the availability of drilling, trenching, and logistics companies in order to finalize timing and contracts. One on one meetings with various contractors were initiated at the AME Roundup in Vancouver in late January with timelines to be announced once contracts are finalized. CEO Comment Dr. Vern Rampton, President and CEO, commented, \"It was abundantly clear from the positively charged atmosphere at the recent AME Roundup that the financing environment has become highly supportive of junior exploration companies, both in the Yukon and right across Canada. In particular, funding activity across the Tombstone Gold Belt continues to increase, kick-stated by several recent gold discoveries and the ongoing development of other projects in the Mayo-Keno area. We believe Mayo is well positioned to participate in this momentum with our plans for substantial drilling and trenching programs at our two flagship projects: the Carlin-Roop silver discovery and the Anderson Gold Trend, which hosts...