ROUYN-NORANDA, Quebec, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. ("Abcourt" or the "Corporation") (TSX VENTURE: ABI) is pleased to announce the results of its Annual and General Meeting of Shareholders held on December 6, 2023 (the "Meeting"). The shareholders elected each of the nominees presented in the management circular relating to the Meeting, namely: Pascal Hamelin, Daniel Adam, René Branchaud, Loic Bureau, Jasmine Hinse, Lise Kistabish and François Mestrallet.
Lise Kistabish is a new director of the Corporation. Mrs. Kistabish graduated from the National School of Public Administration (ENAP) in public management in a First Nation context. She has over 25 years of experience in management and has been Director of training, employment and social development for the Abitibiwinni First Nation Council since May 2019.
The Board of Directors would like to thank the only outgoing director, Nicole Veilleux, Chair of the Audit committee and Director of the Corporation since December 2018, for her valuable contribution to the Corporation and the Board of Directors.
Shareholders also approved the appointment of Raymond Chabot Grant Thornton, Professional Chartered Accountants, as auditors of the Corporation for the financial year ending June 30, 2024.
At the Board meeting that followed the Meeting, the Board has appointed Pascal Hamelin as President and Chief Executive Officer, Christine Lefebvre as Chief Financial Officer, Loic Bureau as Chairman and Julie Godard, as Corporate Secretary. Also, the following directors were appointed as members of the Board committees: Daniel Adam, Lise Kistabish and Francois Mestrallet on the Audit Committee; René Branchaud, Loic Bureau and François Mestrallet on the Compensation Committee; René Branchaud, Jasmine Hinse and Lise Kistabish on the Governance Committee; and Pascal Hamelin, Daniel Adam and Loïc Bureau on the Technical Committee (health, safety and environment).
The Board of Directors also granted stock options to its new director, on the same terms as those granted last summer to its directors. These stock options allow to subscribe 1,500,000 common shares of Abcourt at an exercise price of $0.05 per share, expiring in 5 years.
The Board of Directors also approved some amendments to its common share stock option Plan (the "Stock Option Plan") to bring it into line with the most recent changes to the TSX Venture Exchange (the "Exchange") Policy on Security Based Compensation.
The maximum number of common shares that may be issued under the Stock Option Plan as modified on August 23, 2023 is 42,810,000 (previously 14,500,000). The main amendments subsequently adopted by the Board of Directors as requested by the Exchange include, among other things, that the maximum number of common shares which may be reserved for issuance to any one person pursuant to stock options during a twelve-month period may not exceed 5% of the common shares outstanding at the time of grant (on a non-diluted basis). The maximum aggregate number of common shares that are issuable pursuant to all security based compensation granted or issued to insiders (as a group) must not exceed 10% of the common shares of the Corporation at any point in time (unless the Corporation has obtained the requisite disinterested shareholder approval pursuant to the Exchange requirements). The maximum aggregate number of common shares that are issuable pursuant to all security based compensation granted or issued in any 12 month period to insiders (as a group) must not exceed 10% of the issued common shares of the Corporation, calculated as at the date any security based compensation is granted or issued to any insider (unless the Corporation has obtained the requisite disinterested shareholder approval pursuant to the Exchange requirements).
The amended Stock Option Plan also provides that the approval of the Corporation's disinterested shareholders will be required for any reduction in the exercise price of a stock option or for the extension of the term of a stock option, if the participant is an insider of the Corporation at the time of the proposed amendment.
All modifications to the Stock Option Plan are subject to the approval of the Exchange.
About Abcourt Mines Inc.
Abcourt Mines Inc. is a gold producer and a Canadian exploration corporation with strategically located properties in northwestern Québec, Canada. Abcourt owns the Sleeping Giant mill and mine where it concentrates its activities.
For further information, please visit our website at , and consult our filings under Abcourt's profile on , or contact:
Pascal Hamelin President and CEO T: (819) 768-2857 E: phamelin@abcourt.com | Dany Cenac Robert, Investor Relations Reseau ProMarket Inc., T: (514) 722-2276, post 456 E: dany.cenac-robert@reseaupromarket.com |
The TSX Venture Exchange and its regulatory service provider (as defined in the policies of the TSX Venture Exchange) assume no responsibility for the adequacy or accuracy of this press release.
魁北克魯恩-諾蘭達,2023年12月6日(GLOBE NEWSWIRE)——Abcourt Mines Inc.(“Abcourt” 或 “公司”)(多倫多證券交易所風險投資公司:ABI)欣然宣佈其於2023年12月6日舉行的年度和股東大會(“會議”)的結果。股東們選出了與會議有關的管理通告中列出的每位被提名人,即:帕斯卡爾·哈默林、丹尼爾·亞當、雷內·布蘭肖、洛伊克·布勞德、茉莉·欣斯、莉絲·基斯塔比什和弗朗索瓦·梅斯特拉萊特。
莉絲·基斯塔比什是該公司的新任董事。基斯塔比什女士畢業於國立公共管理學院(ENAP),主修原住民背景下的公共管理。她擁有超過25年的管理經驗,自2019年5月起擔任Abitibiwinni原住民委員會的培訓、就業和社會發展總監。
董事會要感謝唯一離任的董事,自2018年12月起擔任審計委員會主席兼公司董事的妮可·維勒,她對公司和董事會的寶貴貢獻。
股東們還批准任命專業特許會計師雷蒙德·查伯特·格蘭特·桑頓爲公司截至2024年6月30日的財政年度的核數師。
在會議之後的董事會會議上,董事會任命帕斯卡爾·哈默林爲總裁兼首席執行官,克里斯汀·勒費弗爾爲首席財務官,Loic Bureau爲董事長,朱莉·戈達爾爲公司秘書。此外,以下董事被任命爲董事會委員會成員:審計委員會成員丹尼爾·亞當、莉絲·基斯塔比什和弗朗索瓦·梅斯特拉萊特;薪酬委員會成員雷內·布蘭肖德、洛伊克·布勞德和弗朗索瓦·梅斯特拉萊特;治理委員會成員雷內·布蘭索、茉莉·欣斯和莉絲·基斯塔比什;技術委員會主席團成員帕斯卡爾·哈默林、丹尼爾·亞當和洛伊克主席團 (健康, 安全和環境).
董事會還向其新董事授予股票期權,其條件與去年夏天授予董事的條件相同。這些股票期權允許以每股0.05美元的行使價認購Abcourt的150萬股普通股,將在5年後到期。
董事會還批准了對其普通股期權計劃(“股票期權計劃”)的一些修訂,以使其與多倫多證券交易所風險投資交易所(“交易所”)證券薪酬政策的最新變化保持一致。
根據經2023年8月23日修改的股票期權計劃,可以發行的最大普通股數量爲428.1萬股(之前爲1450萬股)。董事會隨後應聯交所要求通過的主要修正案包括,除其他外,在十二個月內可根據股票期權向任何人保留的最大普通股數量不得超過授予時已發行普通股的5%(按未攤薄計算)。在任何時候,根據向內部人士(整體)發放或發行的所有基於證券的薪酬,可發行的普通股的最大總數不得超過公司普通股的10%(除非公司已根據交易所要求獲得必要的無私股東批准)。根據在任何12個月內向內部人士(整體)授予或發行的所有基於證券的薪酬,可發行的普通股的最大總數不得超過公司已發行普通股的10%,該普通股以向任何內部人士發放或發行任何基於證券的薪酬之日計算(除非公司已根據交易所要求獲得必要的無私股東批准)。
修訂後的股票期權計劃還規定,如果在擬議修正案提出時參與者是公司的內部人士,則降低股票期權的行使價或延長股票期權的期限都需要獲得公司無私股東的批准。
股票期權計劃的所有修改均需獲得交易所的批准。
關於 Abcourt Mines Inc.
Abcourt Mines Inc. 是一家黃金生產商和加拿大勘探公司,在加拿大魁北克省西北部擁有地理位置優越的房產。Abcourt 擁有 Sleeping Giant 工廠和礦山,它集中在那裏開展活動。
欲了解更多信息,請訪問我們的網站 ,並在 Abcourt 的個人資料下查閱我們的文件 ,或聯繫:
帕斯卡爾·哈梅林 總裁兼首席執行官 T: (819) 768-2857 E: phamelin@abcourt.com | Dany Cenac Robert,投資者關係 Reseau ProMarket Inc. T:(514) 722-2276,帖子 456 E: dany.cenac-robert@reseaupromarket.com |
多倫多證券交易所風險交易所及其監管服務提供商(定義見多倫多證券交易所風險交易所的政策)對本新聞稿的充分性或準確性不承擔任何責任。