Reunion Gold Announces AGM Results and Corporate Update
June 13 2023 - 3:00PM
Reunion Gold Corporation (TSXV: RGD; OTCQX: RGDFF) (the “Company”)
held its 2023 Annual General and Special Meeting of Shareholders
(the “Meeting”) earlier today. The following individuals were
elected to serve on the Company's board of directors: David
Fennell, Rick Howes, Elaine Bennett, Pierre Chenard, Richard
Cohen, Adrian Fleming, Réjean Gourde, Vijay Kirpalani and Fred
Stanford.
In addition, shareholders approved the following
matters: (i) the re-appointment of Raymond Chabot Grant
Thornton LLP as auditors; (ii) the continuation of the Company’s
amended and restated share option plan; (iii) a By-Law including
advance notice provisions related to the nomination of directors of
the Company; and (iv) a special resolution authorizing an amendment
of the articles of the Company to consolidate the issued and
outstanding common shares of the Company at a ratio of between
three and seven pre-consolidation common shares for every one
post-consolidation common share, as and when determined by the
board of directors of the Company. Details in respect of such
matters were provided in the Company's management information
circular dated May 8, 2023. A total of 679,441,307 common
shares were voted at the Meeting, representing approximately 65% of
the common shares issued and outstanding as of the record date.
Boulanger Project
The Company announces that the option agreement
between the Company and the titleholder of the Boulanger Project
mining concessions was amended to extend the period under which the
Company will be entitled to exercise the option to acquire a 100%
interest in the Boulanger Project located in French Guiana.
Following the decision of the “Conseil d´Etat”
in July 2022 to annul the decision of the French government to
renew the Boulanger concessions, the titleholder has recently filed
new renewal applications. The option agreement will be valid up to
45 days following the renewal of the concessions and the expiry of
all recourses seeking annulment of the concessions. There can be no
assurance as to if and when the concessions will be renewed. The
Company does not intend to conduct any exploration work until the
concessions have been renewed.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the
adequacy or accuracy of this press release.
Cautionary statement
This news release contains "forward‐looking
information or statements" within the meaning of applicable
securities laws, including statements regarding the renewal of the
Boulanger concessions, the exercise of the option agreement to
acquire the Boulanger project, and other statements beliefs,
expectations or intentions of the Company. There can be no
assurance that the concessions will be renewed, and the Company
will exercise the option. Forward-looking statements are based on
our management's beliefs, estimates, and opinions on the date the
statements are made. The Company undertakes no obligation to update
these forward-looking statements except as required by law.
About Reunion Gold Corporation
Reunion Gold Corporation is a leading gold
explorer in the Guiana Shield, South America. In 2021 the Company
made an exciting new gold discovery at its Oko West project in
Guyana, where to date it has outlined continuous gold
mineralization at the Kairuni zone over 2,000 meters of strike and
to a depth of 600 meters. The mineralization appears to be open-pit
amenable with a strong grade profile. In addition to Kairuni, there
are several additional priority exploration targets on the Oko West
project area that the Company is exploring. The Company's common
shares are listed on the TSX Venture Exchange under the symbol
'RGD' and trade on the OTCQX under the symbol 'RGDFF'.
Additional information about the Company
is available on SEDAR
(www.sedar.com) and the Company's
website (www.reuniongold.com
).
For further information, please
contact: REUNION GOLD CORPORATION Rick Howes, President
and CEO, or Doug Flegg, Business Development AdvisorE:
doug_flegg@reuniongold.comE: info@reuniongold.comTel: +1
450.677.2585
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