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Premium Nickel Resources Announces Results of Annual General and Special Shareholders' Meeting

Toronto, Ontario--(Newsfile Corp. - September 21, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") is pleased to report on the resul

articleNexmetals Mining Corp.September 21, 20235/company/nexmetals-mining-corp-1/news/premium-nickel-resources-announces-results-of-annual-general-and-special-shareholders-meeting
Premium Nickel Resources Announces Results of Annual General and Special Shareholders' Meeting

About this update from Nexmetals Mining Corp.

[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - September 21, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (\"PNRL\" or the \"Company\") is pleased to report on the results of the Annual General and Special Meeting (the \"Meeting\") of shareholders held on September 20, 2023. All proposed resolutions, each described in the notice of the meeting of the Company dated August 3, 2023 and herein, were approved by the shareholders of the Company. The shareholders ratified and approved the number of directors at six (6) and re-elected Don Newberry Jason LeBlanc, John Hick, Keith Morrison, Mark Christensen and William O'Reilly as directors of the Company to hold office until the next annual meeting of shareholders or until their successors are elected or appointed. MNP LLP were appointed as auditors for the Company for the ensuing year. In addition, shareholders approved the Company's amended stock option plan, deferred share unit plan and the previous grants of deferred share units. Following the meeting, the board of directors re-appointed the officers of the Company, namely Keith Morrison (Chairman and Chief Executive Officer), Peter Rawlins (Senior Vice President Finance & Chief Financial Officer), Timothy Moran (Corporate Secretary and Chief Legal Officer) and Sharon Taylor (Vice President Exploration). Sean Whiteford continues as President, Premium Nickel Resources International Ltd., an indirect wholly-owned subsidiary of the Company which indirectly owns the Company's Botswana mines. The Company also granted to a consultant of the Company an aggregate of 50,000 stock options of the Company (\"Options\") pursuant to the stock option plan of the Company. The Options have an exercise price of $1.75 per share, expire on August 8, 2028, and vest annually in equal thirds beginning on August 8, 2024. About Premium Nickel Resources Ltd. PNRL is a mineral exploration and development company that is focused on the redevelopment of the previously producing nickel, copper and cobalt resources mines owned by the Company in the Republic of Botswana. We are driven by our belief that the demand for these metals will continue to grow in the medium to long term, as a result of global urbanization and the increasing adoption of electric motors over internal combustion engines. These metals are vital for achieving a low-carbon future. PNRL is commit...

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