VANCOUVER, BC, June 23, 2021 /CNW/ - Group Eleven Resources
Corp. (TSXV: ZNG) (OTC: GRLVF) (FRA: 3GE) ("Group Eleven" or
the "Company") is pleased to announce that all resolutions
were passed by the requisite majority at its annual general meeting
held in Vancouver, British
Columbia on June 22, 2021.
Annual General Meeting Results
A total of 85,513,576 common shares were represented at the AGM,
representing 62.2% of the votes attached to all outstanding common
shares as at the record date. All of the matters submitted to the
shareholders for approval as set out in the Company's notice of
meeting and information circular (the "Circular") dated
May 7, 2021, were approved by the
requisite majority of votes cast at the AGM.
Item 1. Election of Directors
At the Meeting all director nominees listed in the Circular were
elected as directors of the Company.
|
Director
|
Vote
Type
|
Number of
Votes
|
Percentage of
Votes
|
|
Daniel
MacInnis
|
For
Withheld
|
84,016,876
–
|
100.0%
–
|
|
Alessandro
Bitelli
|
For
Withheld
|
84,016,876
–
|
100.0%
–
|
|
Brendan
Cahill
|
For
Withheld
|
84,016,876
–
|
100.0%
–
|
|
Bart
Jaworski
|
For
Withheld
|
83,950,209
66,667
|
99.9%
0.1%
|
|
Ken
Klassen
|
For
Withheld
|
84,016,876
–
|
100.0%
–
|
Item 2. Appointment of Auditor
Davidson & Company, Chartered Public Accountants, were
re-appointed as auditors of the Company.
|
Votes
For
|
% of
Votes
|
Votes
Withheld
|
% of
Votes
|
|
85,513,576
|
100.0%
|
–
|
–
|
Item 3. Approval of Equity Compensation Plans
The following equity compensation plans were approved:
|
Equity
Plan
|
Vote
Type
|
Number of
Votes
|
Percentage of
Votes
|
|
Stock Option
Plan
|
For
Against
|
83,146,876
870,000
|
99.0%
1.0%
|
|
Deferred Share
Unit Plan
|
For
Against
|
83,136,876
880,000
|
99.0%
1.0%
|
|
Restricted Share
Unit Plan
|
For
Against
|
83,070,209
946,667
|
98.9%
1.1%
|
Following the annual general meeting, the board of directors
re-appointed Bart Jaworski as CEO,
Shaun Heinrichs as CFO, David Furlong as COO, Daniel MacInnis as Chairman (independent) and
Sheryl Dhillon as Corporate
Secretary. Group Eleven would like to sincerely thank the Company's
shareholders for their continued strong support.
About Group Eleven Resources
Group Eleven Resources Corp. (TSX.V: ZNG; OTC: GRLVF and FRA:
3GE) is a mineral exploration company focused on advanced stage
zinc exploration in Ireland.
Additional information about the Company is available at
www.groupelevenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer
E: b.jaworski@groupelevenresources.com | T:
+353-85-833-2463
E: s.heinrichs@groupelevenresources.com | T:
+604-630-8839
Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking statements within
the meaning of applicable securities legislation. Such statements
include, without limitation, statements regarding the anticipated
completion of the second tranche of the private placement with
Glencore Canada Corporation. Although the Company believes that
such statements are reasonable, it can give no assurance that such
expectations will prove to be correct. Forward-looking statements
are typically identified by words such as: believe, expect,
anticipate, intend, estimate, postulate and similar expressions, or
are those, which, by their nature, refer to future events. The
Company cautions investors that any forward-looking statements by
the Company are not guarantees of future results or performance,
and that actual results may differ materially from those in forward
looking statements as a result of various factors, including, but
not limited to, variations in the nature, quality and quantity of
any mineral deposits that may be located. All of the Company's
public disclosure filings may be accessed via www.sedar.com and
readers are urged to review these materials, including the
technical reports filed with respect to the Company's mineral
properties.
SOURCE Group Eleven Resources Corp.
