Global Energy Metals Announces Results From Its Annual General Meeting Of Shareholders And Grants Options At $0.20
VANCOUVER, June 1, 2017 - Global Energy Metals Corp. TSXV:GEMC ("Global Energy Metals", the "Company" and/or "GEMC") is pleased to announce the results of its Annual General Meeting of Shareholders ("AGM") held Wednesday, May 31, 2017, in Vancouver, Canada. Shareholders voted in favour of all items put forward by the Board of Directors and management.
All five of the individuals nominated for the Board of Directors were elected, and shareholders also voted in favour of (i) appointing DMCL as auditor of the Company for the ensuing year; (ii) ratifying various officer and directors appointments since the Company's incorporation; and (iii) approving and ratifying the Stock Option Plan as required annually by the policies of the TSX Venture Exchange.
The directors comprising the Board of Directors are:
Erin Chutter
Raymond Castelli
Gaston Reymenants
Peter Reynolds
Paul Sarjeant
The Company also announces that it has granted to its directors, officers and consultants a total of 876,135 options exercisable at a per share price of $0.20 for a term of ten years.
For Further Information:
#1501-128 West Pender Street
Vancouver, BC, V6B 1R8
Email: info@globalenergymetals.com
t. + 1 (604) 688-4219 extensions 236/237
Cautionary Statement on Forward-Looking Information:
Certain information in this release may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with regulatory approvals and timelines. Although Global Energy Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. For more information on Global Energy and the risks and challenges of their businesses, investors should review the filings that are available at www.sedar.com.
Neither 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 this release.
We seek safe harbour.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES
OR TO U.S. NEWS AGENCIES
Copyright (c) 2017 TheNewswire - All rights reserved.