Trading Symbol: TSX-V:
ZFR OTC:ZPHYF
Shares Outstanding:
63,229,327
HALIFAX, May 28, 2020 /CNW/ - Zephyr Minerals Ltd.
("Zephyr" or the "Corporation") (TSXV: ZFR) is
pleased to announce that at the annual and special meeting of the
Corporation's shareholders held on May 27,
2019, the shareholders re-elected Will Felderhof, Loren
Komperdo, John Clark,
David Felderhof, Scott Rhodenizer and Ted
Grant as directors of the Corporation to hold office until
their successors are duly elected or appointed.
In addition, in accordance with the rules and policies of the
TSX Venture Exchange, the Corporation's shareholders re-approved
Zephyr's "rolling" incentive stock option plan. The
Corporation's shareholders also re-appointed Wasserman Ramsey, Chartered Accountants, as the
Corporation's auditor to hold office until the next annual meeting
of shareholders or until its successor is duly appointed, and the
directors of the Corporation were authorized by shareholders to fix
the auditor's remuneration.
About Zephyr Minerals Ltd.
Zephyr Minerals Ltd. continues to advance its 100% owned high
grade Dawson-Green Mountain Project in Colorado, USA. After expanding it's land
package to 1,385 hectares (3,430 acres) the Company now controls a
12.2 km long Dawson-Green Mountain
mineralized trend. The central 3.2 km long El Plomo section is the
focus for potential Broken Hill Type silver-lead-zinc
mineralization and the east and west sections, Dawson and Green
Mountain respectively are being targeted for gold. The Dawson
section is currently host to a high grade inferred gold resource.
The Company believes the combined Dawson and Green Mountain
sections encompassing approximately 9 km of mineralized trend
provide excellent resource expansion potential.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release. The forward-looking statements contained in this
document are based on certain key expectations and assumptions made
by the Company, including, with respect to the use of funds from
the private placement, expectations and assumptions concerning
timing of receipt of required regulatory approvals and third party
consents and the satisfaction of other conditions to the completion
of the exploration work on the Dawson-Green Mountain Property. The
forward-looking statements contained in this document are made as
of the date hereof and the Company undertakes no obligation to
update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events
or otherwise, unless so required by applicable securities
laws.
SOURCE Zephyr Minerals Ltd.