VANCOUVER, BC / ACCESSWIRE / January 30, 2023 / BCM Resources Corporation (TSX-V:B), announces the results from the January 27th Annual and Special Meeting. The Company had a participation rate of approximately 42% of eligible shareholders. Inland Explorations Ltd. also announces the results of the Company’s Annual and Special Meeting with 59% of shareholders voting. On the proposed Amalgamation, both companies had 100% of eligible votes cast in favour of the Resolution. All recommendations of management, at the companies’ respective meetings, were also approved.
Results from the BCM Annual Meeting
The shareholders of BCM Resources endorsed the recommendations in the Joint Information Circular issued with Inland Explorations Ltd. dated January 4, 2023. The number of BCM Directors was set at five and the following Directors elected with a affirmative vote of 98.3% to 99.9%:
- Sergei Diakov
- Dale McClanaghan
- Darcy McKeown
- Scott Steeds
- Richard Redfern.
The meeting also appointed DeVisser Gray LLP, Chartered Professional Accountants as auditors, approved the Resulting Issuer stock option plan, and ratified all acts, deeds and things done by the Directors of the Company on its behalf since the last AGM.
Results from the Inland Explorations Annual Meeting
The shareholders of Inland Explorations Ltd. unanimously approved three Directors; Scott Steeds, Dale McClanaghan and Lindsay Bottomer. On the Amalgamation Resolution, Mr. Steeds and McClanaghan, directors to both companies, abstained from voting. Inland shareholders appointed DeVisser Gray LLP, Chartered Professional Accountants as auditors, approved the Resulting Issuers Stock Option Plan, and ratified all acts, deeds and things done by the Directors of the Company on its behalf since the last AGM.
Next Steps – TSX Venture Exchange Approval.
The amalgamation transaction is subject to applicable regulatory and shareholder approvals, including, without limitation, approval of the TSXV, and the satisfaction of certain closing conditions customary in transactions of this nature.
About BCM Resources Corporation
ON BEHALF OF BCM RESOURCES CORP.
Chief Executive Officer
For further information please contact:
Investor Relations, Telephone: 1 (604) 646-0144, ext. 222