18:35:39 EST Wed 14 Nov 2018
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Commander Resources Ltd (3)
Symbol C : CMD
Shares Issued 35,300,772
Close 2018-07-12 C$ 0.16
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Commander shareholders elect five directors at AGM

2018-07-12 18:20 ET - News Release

Mr. Robert Cameron reports

COMMANDER REPORTS ON ANNUAL GENERAL MEETING AND STOCK OPTION GRANTS

Five directors have been elected at Commander Resources Ltd.'s annual general meeting held July 12, 2018, in Vancouver, B.C. The board includes returning directors Robert Cameron, Bernard H. Kahlert, Brandon Macdonald, Eric Norton and David Watkins. The meeting approved the reappointment of Davidson & Company, chartered accountant, as auditor for the ensuing year. Shareholders also approved the adoption of a 10-per-cent rolling stock option plan at the meeting. Mr. Macdonald was appointed chairman of the board by the directors.

Stock option grants

The board of directors accepted the recommendations of the compensation committee and reports the grant of 886,000 incentive stock options to directors, officers and contractors of the company under its stock option plan, in accordance with the company's compensation policy. The options are exercisable for five years at a price of 17 cents per share and are subject to the policies of the TSX Venture Exchange.

About Commander Resources Ltd.

Commander Resources is a Canadian-focused exploration company that has leveraged its success in exploration through partnerships and sale of properties, while retaining equity and royalty interests. Commander has a portfolio of base and precious metal projects across Canada and significant equity positions in Maritime Resources Corp. and Aston Bay Holdings. Commander also retains royalties from properties that have been partnered, optioned or sold.

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