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TRU Announces Voting Results of Annual and Special Meeting of Shareholders
TORONTO, ON / ACCESSWIRE / August 1, 2023 / TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF) ("...
About this update from Tru Precious Metals Corp.
[{"type":"text","content":"TRU Announces Voting Results of Annual and Special Meeting of ShareholdersTORONTO, ON / ACCESSWIRE / August 1, 2023 / TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF) (\"TRU\" or the \"Company\") is pleased to announce the results of its Annual and Special meeting of shareholders (the \"Meeting\") held on July 31, 2023.The Company's shareholders voted overwhelmingly in favour of all matters brought before the Meeting. All of the director nominees set out in the Company's Information Circular dated June 29, 2023, namely Joel Freudman, Manish Kshatriya, Brian Timmons and David Hladky, were elected to serve until the next meeting of shareholders.The Company's shareholders also approved the following resolutions: (i) reappointment of McGovern Hurley LLP, Chartered Professional Accountants, as auditors of the Company; (ii) Company's amended stock option plan; (iii) potential corporate name change; (iv) potential voluntary delisting of the Company's common shares (the \"Shares\") from the TSX Venture Exchange (\"TSXV\"); (v) potential consolidation of the Shares; and (vi) creation of a new \"Control Person\" under TSXV policies, in connection with the Company's proposed CAD$3,000,000 strategic investment (the \"Investment\") from Ormonde Mining plc (see July 4, 2023 press release).TRU currently expects that the Investment will be completed on or about September 5, 2023.Separately, the Company is also reporting that it has entered into a Geological Services Agreement with Lynx Resources Corp. (\"Lynx\"), an arm's length company, whereby TRU will provide exploration and geological services for Lynx's Turner's Ridge Property in Newfoundland, Canada. This arrangement is expected to generate revenues and cash flow for TRU.About TRU Precious Metals Corp.TRU (TSXV:TRU; OTCQB:TRUIF) is on a mission to build long-term shareholder value, through prudent natural resource property development and transactions. TRU is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project, originally optioned from TSX-listed Altius Minerals. Golden Rose is a regional-scale 240.25 km2 land package, including a recently-discovered 20 km district-scale structure, and an additional 45 km of strike length along the deposit-bearing Cape Ray - Valentine Lake Shear Zone, directly between Marathon Gold'...