Business
New Break Announces Results of Annual and Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - December 31, 2025) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce the...
About this update from New Break Resources Ltd.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - December 31, 2025) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to announce the voting results from the Company's annual general and special meeting of shareholders (the "Meeting") held earlier today in Toronto. A total of 36,057,137 common shares of the Company were voted at the Meeting, representing 41.59% of the 86,702,100 common shares issued and outstanding as at the record date of December 1, 2025.","length":528,"tagName":"p"},{"type":"text","content":"Shareholders voted in favour of all matters brought before the meeting as follows:","length":82,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"It was unanimously approved to fix the number of directors elected for the ensuing year at five;","length":96,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Michael Farrant, Mark Fedosiewich, William Love, Thomas Puppendahl and Andrew Thomson were unanimously elected to the Board of Directors of the Company to serve for the ensuing year or until their successors are duly elected or appointed;","length":238,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"McGovern Hurley LLP, Chartered Professional Accountants were unanimously re-appointed as Auditor of the Company for the ensuing year, and the Board of Directors was authorized to fix their remuneration; and","length":206,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Company's stock option plan, as described in New Break's Management Information Circular was ratified, re-approved and confirmed with 99.99% of shares voted in favour.","length":179,"tagName":"p","attribs":{}}]}],"tagName":"ol","bulletedList":false,"length":719},{"type":"text","content":"Andrew Malim did not stand for re-election at the Meeting. Mr. Malim had served as a director and as Chairman of the Board since April 11, 2022. The Board would like to offer its sincere thanks to Mr. Malim for his contributions to New Break's success and wish him well in his future endeavours.","length":299,"tagName":"p"},{"type":"text","content":"Michael Farrant, President of New Break, commented, "I would like to thank everyone that has supported New Break and that has contributed to the Company's success. I want to wi...