York Harbour Metals Announces Results of Shareholder Meeting

Newsfile Corp.
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Vancouver, British Columbia--(Newsfile Corp. - July 17, 2024) - York Harbour Metals Inc. (TSXV: YORK) (OTCQB: YORKF) (FSE: 5DE0) (the "Company" or "York"), is pleased to announce that the Company held its annual general and special meeting (the "Meeting") on July 10th, 2024, during which the following matters were voted upon and approved by the shareholders of the Company:

  • The election of Mr. Blair L. Naughty, Mr. Richard G. Macey, Mr. Leo P. Power and Mr. Michael Williams to the board of directors of the Company. Mr. R. Bruce Durham and Mr. Roger Baer did not stand for re-election, and the Company wishes to thank each of them for their past contributions.

  • The appointment of MS Partners LLP as auditors of the Company for the ensuing year and authorizing the directors of the Company to fix their remuneration.

  • The approval of the audited financial statements for the year ended January 31st, 2024.

  • The approval of the Company's restricted share unit plan (the "RSU Plan").

  • The approval of the Company's 10% rolling stock option plan (the "Option Plan"), all as more particularly described in the Company's management information circular dated June 11th, 2024 (the "Circular")

The previous 10% rolling stock option plan of the Company was approved by the Company's shareholders on July 26th, 2023, and the Option Plan was re-approved as the current stock option plan in accordance with the policies of the TSX Venture Exchange (the "Exchange") by the board of directors effective June 11th, 2024, subject to the approval of the shareholders and the Exchange. The maximum number of common shares which may be issued under the Option Plan is 10% of the Company's issued and outstanding common shares (the "Shares") as of the date of grant. The maximum number of restricted share units ("RSUs") that may be granted under the RSU Plan shall not exceed 10% of the Company's issued and outstanding (6,852,904 Shares), and each RSU entitles the holder, subject to vesting of at least one year from the date of grant and any such other conditions as the directors may determine, to receive one Share. The maximum aggregate number of Shares issuable to insiders of the Company (as a group) under the Option Plan and RSU Plan shall together collectively not exceed 10% of the issued and outstanding number of Shares. A copy of each of the Option Plan and the RSU Plan was appended to the Circular and is available under the Company's profile on SEDAR+.

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