ROUYN-NORANDA, QC, Feb. 26,
2024 /CNW/ - Visible Gold Mines Inc. (TSXV:
VGD) (Frankfurt: 3V41) announces the voting results of
its annual and special meeting of shareholders held on
February 22, 2024 (the "Meeting"). At
the Meeting, the shareholders elected Martin Dallaire, Sylvain
Champagne, Pierre Vézina and Joel Gagné as directors of the
Corporation. Following the Meeting, the Board of Directors of the
Corporation re-appointed Martin Dallaire as President and
Chief Executive Officer of the Corporation, Sylvain Champagne as Secretary and Chief
Financial Officer of the Corporation.
In addition, shareholders also approved resolutions ratifying
and confirming the Corporation's stock option plan and
re‑appointing Raymond Chabot Grant Thornton LLP, Chartered
Professional Accountants, as the auditor of the Corporation. The
resolution ratifying and confirming the Corporation's stock option
plan was approved by a majority of the disinterested shareholders
of the Corporation.
The Board of Directors has granted today stock options in
respect of 450,000 common shares to directors and officers of the
Corporation. The options were granted pursuant to the Corporation's
Stock Option Plan. The exercise price of the options is
$0.10, which is higher to the closing
price of the Corporation's common shares on the TSX Venture
Exchange on Thursday February 22,
2024. The options will expire on February 23, 2034 and vested immediately.
About Visible Gold Mines
Visible Gold Mines is a corporation focused on gold in the
prolific Abitibi Gold Belt and
lithium in the James Bay region in
the province of Québec. Visible Gold Mines has 35,155,164 common
shares issued and outstanding.
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 the release.
SOURCE Visible Gold Mines Inc.