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TORONTO, Dec. 9, 2020 /CNW/ - QC Copper and Gold Inc.
("QC Copper" or the "Company") (TSXV:QCCU), is
pleased to announce that its Annual General & Special Meeting
of Shareholders will be held on Wednesday,
December 16, 2020, at 11:30 AM
Eastern time. Given the current situation due to COVID
and the health and safety implications of having a formal in-person
meeting, the Company urges all shareholders to vote by proxy in
advance of the Meeting and not attend the Meeting in person.
The Company is inviting shareholders to join the Meeting online
via a webcast to listen to the Meeting and attend a corporate
presentation by Stephen Stewart,
President & CEO of QC Copper & Gold. The webcast will
allow shareholders to listen to the proceedings of the Meeting and
ask questions during the informal presentation session being held
after the formal business.
QC Copper & Gold Annual General Meeting Webcast
When: Wednesday, December 16, 2020, 11:30 AM ET
Click here to register
After registering, you will receive a calendar invite containing
information about joining the webinar.
At the Annual General Meeting, shareholders will be able to vote
on the following:
- To set the number of directors at six (6);
- Election of Directors of Stephen
Stewart, Alexander Stewart,
Anthony Moreau, Timothy Gallagher, Charles Beaudry and Pierre Gaucher;
- Appointment of McGovern, Hurley LLP, Chartered Accountants, as
auditors of the Corporation for the ensuing year and authorizing
the Directors to fix their remuneration;
- To approve an increase in the number of common shares
authorized to be issued under the Company's fixed stock option
plan;
- To consider, and if thought fit, to pass, with or without
variation, an ordinary resolution of disinterested shareholders
approving grants of 2,800,000 stock options in August 2020.
Further to the Company's news release dated August 25, 2020, the Company would like to
clarify that the Company amended its 20% fixed stock option plan to
increase the total number of options issuable thereunder to
14,162,718 being 20% of the Company's total issued and outstanding
share capital as of August 25,
2020. The amendment and the previously announced grant of 2.8
million options to certain officers, directors and consultants of
the Company on August 25, 2020 are
subject to disinterested shareholder approval at the Company's next
annual general meeting.
About the Opemiska Copper Complex
The Opemiska Copper Complex is located adjacent to Chapais, Quebec, within the Chibougamau region. Opemiska is also within
the Abitibi Greenstone belt and within the boundaries of the
Province of Quebec's Plan Nord,
which promotes and funds infrastructure and development of natural
resource projects. The Opemiska property covers 12,782 hectares and
covers the past producing Springer, Perry, Robitaille and Cooke
mines, owned and operated by Falconbridge. The project has the ideal
in-place infrastructure, including a power station and direct
access to Highway 113 and the Canadian National Railway.
Forward Looking Statements
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.
Certain information in this press release may contain
forward-looking statements. This information is based on current
expectations that are subject to significant risks and
uncertainties that are difficult to predict. Actual results might
differ materially from results suggested in any forward-looking
statements. QC Copper and Gold Inc. assumes no obligation to update
the forward-looking statements, or to update the reasons why actual
results could differ from those reflected in the forward
looking-statements unless and until required by securities laws
applicable to QC Copper and Gold Inc. Additional information
identifying risks and uncertainties is contained in filings by QC
Copper and Gold Inc. with Canadian securities regulators, which
filings are available under QC Copper and Gold Inc. profile
at www.sedar.com.
SOURCE QC Copper & Gold Inc.