VANCOUVER, BC, Aug. 13, 2020 /CNW/ - Heatherdale Resources Ltd. ("Heatherdale" or the "Company") (TSXV: HTR) is pleased to report that the Company's shareholders voted in favour of all items of business brought before them at the Company's Annual General Meeting ("AGM") held on August 12, 2020.

Heatherdale Resources Ltd. Logo (CNW Group/Heatherdale Resources Limited)

Shareholders representing 43.2% of the outstanding shares voted overwhelmingly in favour of all the matters submitted before the AGM as set out in the notice of meeting and information circular dated July 7, 2020 including:

  • to set the number of directors at five and electing Rob McLeod, Edie Thome, Jessica VanDen Akker, Donald Birak and Ronald Stewart to the Board of Directors (Biographies of the directors can be found on the Company's website);
  • the reappointment of De Visser Gray LLP as auditors of the Company; and
  • the Company's stock option plan being re-approved.

Lena Brommeland and Robert Dickinson did not stand for re-election at the AGM; the board of directors' wishes to thank them for their service to the Company and wish them well with their future endeavors.

'On behalf of our shareholders, I'd like to welcome these four outstanding directors to the Board,' said Robert McLeod, CEO of Heatherdale. 'Additionally, I'd like to express deep gratitude to my friends Bob Dickinson and Lena Brommeland for their years of service and for their confidence expressed in the new team at Heatherdale.'

About Heatherdale

Heatherdale Resources Ltd. owns 100% of the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska.  For more information on Heatherdale, visit the Company's website at www.heatherdaleresources.com.

On behalf of the Board of Directors

"Robert McLeod"

Robert McLeod, P.Geo
CEO and Director

Neither the 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.

Cautionary Note Regarding Forward-Looking Statements:

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws.  Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward–looking statements", are not historical facts, are made as of the date of this news release. Forward–looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, market volatility; the state of the financial markets for the Company's securities; and changes in the Company's business plans. In making the forward looking statements in this news release, the Company has applied several material assumptions that the Company believes are reasonable, including without limitation, that the Company will continue with its stated business objectives. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. The Company seeks safe harbor.

For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

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SOURCE Heatherdale Resources Limited

Copyright 2020 Canada NewsWire

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