03:58:42 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Reunion Gold Corp
Symbol RGD
Shares Issued 1,037,819,728
Close 2023-06-13 C$ 0.47
Market Cap C$ 487,775,272
Recent Sedar Documents

Reunion Gold shareholders approve AGM resolutions

2023-06-13 15:08 ET - News Release

Mr. Rick Howes reports

REUNION GOLD ANNOUNCES AGM RESULTS AND CORPORATE UPDATE

Reunion Gold Corp. held its 2023 annual general and special meeting of shareholders earlier today. The following individuals were elected to serve on the company's board of directors: David Fennell, Rick Howes, Elaine Bennett, Pierre Chenard, Richard Cohen, Adrian Fleming, Rejean Gourde, Vijay Kirpalani and Fred Stanford.

In addition, shareholders approved the following matters: (i) the reappointment of Raymond Chabot Grant Thornton LLP as the auditor; (ii) the continuation of the company's amended and restated share option plan; (iii) a bylaw including advance notice provisions related to the nomination of directors of the company; and (iv) a special resolution authorizing an amendment of the articles of the company to consolidate the issued and outstanding common shares of the company at a ratio of one postconsolidation common share for between every three and seven preconsolidation common shares, as and when determined by the board of directors of the company. Details in respect of such matters were provided in the company's management information circular dated May 8, 2023. A total of 679,441,307 common shares were voted at the meeting, representing approximately 65 per cent of the common shares issued and outstanding as of the record date.

Boulanger project

The company announces that the option agreement between the company and the titleholder of the Boulanger project mining concessions was amended to extend the period under which the company will be entitled to exercise the option to acquire a 100-per-cent interest in the Boulanger project, located in French Guiana.

Following the decision of the Conseil dEtat in July, 2022, to annul the decision of the French government to renew the Boulanger concessions, the titleholder has recently filed new renewal applications. The option agreement will be valid up to 45 days following the renewal of the concessions and the expiry of all recourses seeking annulment of the concessions. There can be no assurance as to if and when the concessions will be renewed. The company does not intend to conduct any exploration work until the concessions have been renewed.

About Reunion Gold Corp.

Reunion Gold is a leading gold explorer in the Guiana shield in South America. In 2021, the company made an exciting new gold discovery at its Oko West project in Guyana, where to date it has outlined continuous gold mineralization at the Kairuni zone over 2,000 metres of strike and to a depth of 600 metres. The mineralization appears to be open-pit amenable with a strong grade profile. In addition to Kairuni, there are several additional priority exploration targets on the Oko West project area that the company is exploring. The company's common shares are listed on the TSX Venture Exchange under the symbol RGD and trade on the OTCQX under the symbol RGDFF.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.