Mr. Benoit La Salle reports
SAMA RESOURCES ANNOUNCES RESULTS OF AGM
All nominees listed in the management proxy circular were elected as directors of Sama Resources Inc. at its annual general meeting of shareholders (AGM) held on Friday, June 6, 2025.
A total of 72,717,248 common shares, or 33.04 per cent of the company's issued and outstanding
ordinary shares as of the record date, were represented in person or by proxy at the AGM.
Election of directors
The six nominees listed in the management proxy circular dated April 30, 2025, were elected as directors of the company for the ensuing year, receiving the votes outlined in an attached table.
Appointment of auditor
In addition,
Pricewaterhouse Coopers LLP, in accordance with applicable Canadian legal requirements, was approved as external auditor of the company for the ensuing year, and the directors were authorized to fix the auditor's respective remuneration for the next year.
Stock option plan
At the meeting, the shareholders also passed
an
ordinary resolution approving
the corporation's stock option plan and to reserve the grant of options up to a maximum of 10 per cent of the total number of issued and outstanding shares at the date of the stock option grant.
Marcel Aubut did not stand for re-election as a member of the board of directors of the corporation at the annual general meeting held on June 6, 2025.
"I would like to thank Marcel for his contributions to Sama and the board. On behalf of the board, I would also like to wish him all the best with his future endeavours," stated Benoit La Salle, executive chairman of the board.
About Sama Resources Inc.
Sama is a Canadian-based, growth-oriented resource company focused on exploring the Samapleu nickel-copper project in Ivory Coast, West Africa. The company is managed by experienced industry professionals with a strong record of discovery. Sama is committed to advancing the Samapleu-Grata nickel-copper project. Sama's projects are located approximately 600 kilometres northwest of Abidjan in Ivory Coast and are flanked to the west by the Ivorian and Guinean borders. Sama's projects are located adjacent to the large, world-class nickel-cobalt laterite deposits of Sipilou and Foungouesso, forming a 125 km long new base metal camp in West Africa. Sama owns a 40-per-cent interest in the Samapleu nickel-copper project in Ivory Coast, with its joint venture partner Ivanhoe Electric owning 60 per cent.
Effective July 1, 2025, the company will be transitioning from the basic Pink Open Market to the enhanced OTC ID designation within the OTC Markets platform. This move marks a significant advancement in transparency, compliance and market presence as Sama Resources continues to elevate its profile with investors and regulators.
We seek Safe Harbor.
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