Latest news with #OTCQX
Malaysian Reserve
13 hours ago
- Business
- Malaysian Reserve
Results of the Annual General and Special Meeting
VANCOUVER, BC, June 27, 2025 /CNW/ – Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) ('Freegold' or the 'Company') is pleased to announce that all matters set out in the Management Information Circular dated May 26, 2025 for the 2025 Annual General and Special Meeting of Shareholders held on June 27, 2025 (the 'Meeting') were approved by the shareholders holding 98,154,137 shares were voted representing approximately ~ 18.56% of the outstanding shares of the Company. The following nine nominees were elected as directors of Freegold. The detailed results of the vote for the election of directors are set out below: MOTIONS NUMBER OF SHARES PERCENTAGE OF VOTES CAST FOR AGAINST WITHHELD/ ABSTAIN FOR AGAINST WITHHELD/ ABSTAIN To elect as Director :Kristina Walcott 96,353,303 1,800,834 98.165 % 1.835 % To Elect as Director: Alvin Jackson 97,016,593 1,137,544 98.841 % 1.159 % To Elect as Director: David Knight 85,790,018 12,364,119 87.403 % 12.597 % To Elect as Director: Garnet Dawson 97,308,977 845,160 99.139 % 0.861 % To Elect as Director: Ron Ewing 96,839,477 1,314,660 98.661 % 1.339 % To Elect as Director: Glen Dickson 85,396,927 12,757,210 87.003 % 12.997 % To Elect as Director: Reagan Glazier 79,513,338 18,640,799 81.009 % 18.991 % To Elect as Director: Maurice Tagami 97,900,807 253,330 99.742 % 0.258 % To Elect as Director: Vivienne Artz 93,614,569 4,539,568 95.375 % 4.625 % The Company's shareholders approved the appointment of Davidson & Company LLP, Chartered Professional Accountants, as the Company's auditors, as set forth in the management information circular. The Company's shareholders approved the Company's new omnibus equity incentive plan. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Information Circular dated May 26th, 2025, which is filed under the Company's profile at Golden Summit Project Update: Drilling at Golden Summit is progressing well. Drilling is focused on resource definition, which includes both expansion and infill drilling, as well as geotechnical and metallurgical holes. Like the 2024 drill program, the current efforts aim to upgrade inferred resources to indicated status in preparation for the upcoming pre-feasibility study, which is expected to commence later this year. An updated mineral resource estimate is expected to be finalised soon, and the initial assay results from the 2025 drill program are also anticipated shortly. The Qualified Person for this release is Alvin Jackson, Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release. About Freegold Ventures LimitedFreegold is a TSX-listed company focused on exploration in Alaska. It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases. Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2024, filed under Freegold's profile at for a detailed discussion of the risk factors associated with Freegold's operations. On January 30, 2020, the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect on Freegold's business, results of operations, and financial condition.
Hamilton Spectator
13 hours ago
- Business
- Hamilton Spectator
Volatus Announces Closing of Previously Announced Upsized and Fully Subscribed LIFE Offering of $5,000,000
Not for distribution to United States newswire services or for dissemination in the United States. TORONTO, June 27, 2025 (GLOBE NEWSWIRE) — Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB) ('Volatus' or the 'Company') is pleased to announce that it has closed its previously announced upsized and fully subscribed non-brokered listed issuer financing exemption (LIFE) private placement (the 'LIFE Offering'). The Company issued 25,000,000 units of the Company ('Units') at a price of $0.20 per Unit for gross proceeds of $5,000,000. Each Unit is comprised of one common voting share in the capital of the Company ('Common Share') and one-half of one Common Share purchase warrant of the Company (each whole warrant, a 'Warrant'). Each Warrant entitles the holder thereof to purchase one Common Share (each, a 'Warrant Share') at an exercise price of $0.30 per Warrant Share for a period of 36 months following the date of issuance. The Company intends to use the net proceeds of the LIFE Financing for expansion into global markets, investment into Arctic and remote operations infrastructure, inventory, and general corporate and working capital purposes. In connection with the LIFE Offering, the Company paid an aggregate of $300,000 as finder's fees to certain persons who assisted the Company with the LIFE Offering. The LIFE Offering is subject to final approval of the TSX Venture Exchange ('TSXV'). The Units issued under the LIFE Offering were offered to purchasers pursuant to the listed issuer financing exemption (LIFE) under Part 5A of National Instrument 45-106 Prospectus Exemptions and therefore the securities issued to such purchasers are not subject to a hold period pursuant to applicable Canadian securities laws. There is an Offering Document related to the LIFE Offering that can be accessed under the Company's profile at and on the Company's website at . This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the U.S. Securities Act of 1933, as amended (the '1933 Act') or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws. About Volatus Aerospace Inc. Volatus is a leader in innovative global aerial solutions for intelligence and cargo. With over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems for a wide array of industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure. The Company is committed to enhancing operational efficiency, safety, and sustainability through cutting-edge aerial technologies. For more information, visit . Forward-Looking Statements Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding TSXV approval of the LIFE Offering; use of proceeds from the LIFE Offering; and the business, strategy, products, corporate vision, plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'predicts', 'intends', 'targets', 'aims', 'anticipates' or 'believes' or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions 'may', 'could', 'should', 'would', 'might' or 'will' be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals, including but not limited to approval of the TSXV. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at . Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. For further information, please contact: Abhinav Singhvi, CFO of Volatus +1 833-865-2887 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cision Canada
14 hours ago
- Business
- Cision Canada
Freegold Ventures Limited - Results of the Annual General and Special Meeting
VANCOUVER, BC, June 27, 2025 /CNW/ - Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) ("Freegold" or the "Company") is pleased to announce that all matters set out in the Management Information Circular dated May 26, 2025 for the 2025 Annual General and Special Meeting of Shareholders held on June 27, 2025 (the "Meeting") were approved by the shareholders holding 98,154,137 shares were voted representing approximately ~ 18.56% of the outstanding shares of the Company. The following nine nominees were elected as directors of Freegold. The detailed results of the vote for the election of directors are set out below: The Company's shareholders approved the appointment of Davidson & Company LLP, Chartered Professional Accountants, as the Company's auditors, as set forth in the management information circular. The Company's shareholders approved the Company's new omnibus equity incentive plan. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Information Circular dated May 26 th, 2025, which is filed under the Company's profile at Golden Summit Project Update: Drilling at Golden Summit is progressing well. Drilling is focused on resource definition, which includes both expansion and infill drilling, as well as geotechnical and metallurgical holes. Like the 2024 drill program, the current efforts aim to upgrade inferred resources to indicated status in preparation for the upcoming pre-feasibility study, which is expected to commence later this year. An updated mineral resource estimate is expected to be finalised soon, and the initial assay results from the 2025 drill program are also anticipated shortly. The Qualified Person for this release is Alvin Jackson, Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release. About Freegold Ventures Limited Freegold is a TSX-listed company focused on exploration in Alaska. It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases. Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold's Annual Information Form for the year ended December 31st, 2024, filed under Freegold's profile at for a detailed discussion of the risk factors associated with Freegold's operations. On January 30, 2020, the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect on Freegold's business, results of operations, and financial condition.
Hamilton Spectator
14 hours ago
- Business
- Hamilton Spectator
United Lithium Announces Results from the 2025 Annual General Meeting of Shareholders
VANCOUVER, British Columbia, June 27, 2025 (GLOBE NEWSWIRE) — United Lithium Corp. ('United Lithium' or the 'Company') (CSE: ULTH ; OTCQX: ULTHF ; FWB: 0UL ) is pleased to announce the voting results from its annual general meeting of shareholders held on June 27, 2025 (the 'Meeting'). All directors nominated as listed in the information circular dated May 13, 2025, were elected, as shown in the following table below: At the Meeting, the shareholders of the Company also approved the re-appointment of Dale Matheson Carr-Hilton LaBonte LLP as the auditor of the Company for the ensuing year and authorized the directors to fix their remuneration. The total number of common shares of United Lithium represented by shareholders in person or by proxy at the Meeting was 4,789,956 common shares, representing 10.033% of the total issued and outstanding common shares at the record date for the Meeting. On Behalf of The Board of Directors 'Scott Eldridge' President, Chief Executive Officer and Director Telephone: +1-604-428-6128 Email: scott@ About United Lithium United Lithium is an exploration & development company energized by the global demand for lithium. The Company is targeting lithium projects in politically safe jurisdictions with advanced infrastructure that allows for rapid and cost-effective exploration, development, and production opportunities. The Company's consolidated financial statements and related management's discussion and analysis are available on the Company's website at or under its profile on SEDAR+ at . The Canadian Securities Exchange has not approved nor disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this release.
Hamilton Spectator
15 hours ago
- Business
- Hamilton Spectator
PyroGenesis Reports Voting Results from 2025 Annual Meeting of Shareholders
MONTREAL, June 27, 2025 (GLOBE NEWSWIRE) — PyroGenesis Inc. ('PyroGenesis') ( ) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announced the voting results from its annual meeting of shareholders held on June 26, 2025, in a virtual format. A total of approximately 38% of the issued and outstanding common shares of PyroGenesis were represented at the meeting. All of the nominees for election as directors of PyroGenesis referred to in its management information circular for the meeting were elected. Votes cast on this matter were as follows: Shareholders also approved the reappointment of Raymond Chabot Grant Thornton LLP as auditor of PyroGenesis. Final voting results on all matters voted on at the meeting can be found under PyroGenesis' profile on SEDAR+ at . About PyroGenesis Inc. PyroGenesis Inc., a high-tech company, is a proud leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional 'dirty' processes. PyroGenesis has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing. With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. The operations are ISO 9001:2015 and AS9100D certified, having been ISO certified since 1997. PyroGenesis' shares are publicly traded on the TSX in Canada (TSX: PYR), the OTCQX in the US (OTCQX: PYRGF), and the Frankfurt Stock Exchange in Germany (FRA: 8PY1). Cautionary and Forward-Looking Statements This press release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking statements') within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'targets', 'expects' or 'does not expect', 'is expected', 'an opportunity exists', 'is positioned', 'estimates', 'intends', 'assumes', 'anticipates' or 'does not anticipate' or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might', 'will' or 'will be taken', 'occur' or 'be achieved'. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by PyroGenesis as of the date of this release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking statements include, but are not limited to, the risk factors identified under 'Risk Factors' in PyroGenesis' latest annual information form, and in other periodic filings that it has made and may make in the future with the securities commissions or similar regulatory authorities, all of which are available under PyroGenesis' profile on SEDAR+ at . These factors are not intended to represent a complete list of the factors that could affect PyroGenesis. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. PyroGenesis undertakes no obligation to publicly update or revise any forward-looking statement, except as required by applicable securities laws. Neither the Toronto Stock Exchange, its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) nor the OTCQX Best Market accepts responsibility for the adequacy or accuracy of this press release. For further information please contact: Rodayna Kafal, Vice President, IR/Comms. and Strategic BD E-mail: ir@
