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Radisson Mining Resources announces results of its Annual General Meeting of Shareholders
ROUYN-NORANDA, Quebec, June 17, 2022 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF): (“Radisson” or the “Company) is pleased to ann
About this update from Radisson Mining Resources Inc.
[{"type":"text","content":" ROUYN-NORANDA, Quebec, June 17, 2022 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF): (“Radisson” or the “Company) is pleased to announce the results of its Annual General Meeting of Shareholders (\"AGM\") held in Rouyn-Noranda, Qc on June 16, 2022. Shareholders voted in favour of all items of business, including the election of each director nominee. A total of 68,399,366 votes were represented in the meeting amounting to 24.82% of the issued common class A share shares as of the record date. All votes were submitted by proxy with the following tabulation of these votes: Directors Tabulation of Votes in Favour submitted by Proxy Tabulation of Votes Withheld submitted by Proxy Denis Lachance 67,108,082 (99.07%) 627,647 (0.01%) Denis Bois 67,732,582 (100.00%) 3,147 (0.02%) Pierre Beaudoin 67,679,332 (99.92%) 56,397 (0.01%) Siri Genik 67,733,082 (100.00%) 2,647 (0.01%) Michael Gentile 67,733,153 (100.00%) 2,575 (0.01%) Rahul Paul 66,422,332 (98.06%) 1,313,397 (0.01%) Jeff Swinoga 67,733,082 (100.00%) 2,647 (0.01%) In addition, shareholders voted 99.95% in favour to re-appoint Raymond Chabot Grant Thornton as Independant auditor of Radisson. Stock options plan Radisson also announces that its Board of directors has approved a modification to the stock option plan of the Company from 18,000,000 issuable stock options up to 25,000,000 stock options, which represents less than 10% of the 275,956,266 outstanding shares. This modification is subject to regulatory approval, including the TSX Venture.On June 16th, 2022, the Board of Directors awarded a total of 3,888,500 stock options to directors, officers, employees and one consultant of the Company. Pursuant to terms of the stock options plan each option grants the holder thereof the right to purchase one common class A share at a price of $ 0.13 until June 16, 2027. Following the grant of stock options and pursuant to terms of the stock options plan, there are currently 16,619,426 stock options outstanding. Radisson mining resources Inc. Radisson is a gold exploration company focused on its 100% owned O’Brien project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Quebec. The Bousquet-Cadillac mining camp has produced over 21,000,000 ounces of gold over the last 100 years. The project hosts the ...