Mr. Max Porterfield reports
VISIONARY COPPER AND GOLD MINES INC. ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING
Visionary Copper and Gold Mines Inc. has released the results of the company's annual general meeting held on March 19, 2026.
At the annual general meeting, shareholders approved all motions put forth, including the re-election of Max Porterfield, Peter Dimmel, Michael Louie and Keith Minty to the board of directors. In connection with the annual general meeting, Nico Civelli retired as a director of the company and did not stand for the re-election as a director. The company would like to thank Mr. Civelli for his services to the company.
The shareholders also approved the appointment of Shim & Associates LLP as the auditor of the company, the 10-per-cent rolling stock option plan and the downward repricing of 261,667 stock options previously granted to insiders of the company (see news release dated Feb. 3, 2026). The amendments to the previously granted stock options remain subject to the acceptance of the TSX Venture Exchange.
Investor relations engagement
The company also announces that it has entered into a consulting services agreement with Milestone Capital Partners (MCP) for marketing services, including editorial and newsletter marketing and investor introductions for a period of up to 12 months. In consideration of the services, the company will pay a one-time fee of $50,000 on acceptance of the TSX Venture Exchange. Either party may terminate this agreement with 14 days of written notice. In addition, the company has also granted MCP 100,000 stock options exercisable at $1 per share for a period of five years from the date of grant. The options vest on a quarterly basis commencing three months from the date of grant.
MCP is an entity controlled by Christian Klingebiel. MCP and Mr. Klingebiel are arm's length to the company. Except for the stock options noted above, neither MCP nor Mr. Klingebiel has a direct interest in the company or its securities or any right or intent to acquire such an interest at this time. There is no performance factors contained in the agreement.
The company also announces that it has entered into a consulting services agreement with Delray Capital Markets Group for investor outreach, market awareness initiatives, strategic capital marketing advisory services for a period of up to 12 months. In consideration of the services, the company will pay a one-time fee of $50,000 on acceptance of the TSX-V. The company may terminate the agreement at any time.
In addition, the company has also granted Delray 50,000 stock options exercisable at $1 per share for a period of five years from the date of grant. The options vest on a quarterly basis commencing three months from the date of grant.
Delray is an entity controlled by Rodney Raanan. Delray and Mr. Raanan are arm's length to the company. Except for the stock options noted above, neither Delray nor Mr. Raanan has a direct interest in the company or its securities or any right or intent to acquire such an interest at this time. There is no performance factors contained in the agreement.
The company entered into an investor relations agreement dated March 17, 2026, with Cashu Group for investor relations, research, publisher, network access and paid programming advertising services. In consideration of these services, the company has agreed to pay a one-time fee of $20,000 to Cashu Group. The term of the agreement is for a period of 12 months. Cashu Group is an entity controlled by Luca Monk. Cashu Group and Mr. Monk are arm's-length parties to the company. Neither Cashu Group nor Mr. Monk has a director or indirect interest in the company or its securities or any right or intent to acquire such an interest at this time. There is no performance factors contained in the agreement.
The above-noted investor relations agreements are subject to acceptance of the TSX-V.
About Visionary Copper and Gold Mines Inc.
Visionary Copper and Gold Mines is advancing its portfolio of base- and precious-metals-rich deposits located in established Canadian mining jurisdictions. The focus of the portfolio is highlighted by the 100-per-cent-owned Point Leamington deposit in Newfoundland, located in one of the richest VMS (volcanogenic massive sulphide) and gold districts in Canada. The company prepared a pit-constrained indicated mineral resource of 5.0 million tonnes grading 2.5 grams per tonne gold equivalent for 402,000 ounces AuEq (145,700 ounces gold, 60.0 million pounds copper, 153.5 million pounds zinc, 2.0 million ounces silver and 1.5 million pounds lead), a pit-constrained inferred mineral resource of 13.7 million tonnes grading 2.24 g/t AuEq for 986,500 ounces AuEq (354,800 ounces gold, 110.2 million pounds copper, 527.3 million pounds zinc, 6.2 million pounds silver and 7.0 million pounds lead) and an out-of-pit inferred mineral resource of 1.7 million tonnes grading 3.06 g/t AuEq for 168,500 ounces AuEq (65,400 ounces gold, 13.3 million pounds copper, 102.9 million pounds zinc, 1.4 million ounces silver and 2.6 million pounds lead) (see news release dated Oct. 25, 2021). Additionally, the company is permitting the Rainbow deposit at its VMS-rich Pine Bay project, located near existing infrastructure in the Flin Flon mining district. The company prepared an indicated mineral resource on the Rainbow deposit of 3.44 million tonnes grading 3.59 per cent copper equivalent for 272.4 million pounds CuEq (238.3 million pounds copper, 56.9 million pounds zinc, 37,600 ounces gold, 692,800 ounces silver and 2.3 million pounds lead), an inferred mineral resource on the Rainbow deposit of 1.28 million tonnes grading 2.95 per cent CuEq containing 83.4 million pounds CuEq (72.1 million pounds copper, 19.5 million pounds zinc, 11,100 ounces gold, 222,200 ounces silver and 800,000 pounds lead) and an inferred mineral resource at the Pine Bay deposit of 1.0 million tonnes grading 2.62 per cent copper containing 58.1 million pounds copper (see news release dated July 10, 2023). Additionally, the portfolio includes the Nash Creek project, located in the VMS-rich Bathurst mining district of New Brunswick. A 2018 PEA (preliminary economic assessment) generates a strong economic return with a pretax IRR (internal rate of return) of 34.1 per cent (25.2 per cent after tax) and net present value (discounted at 8 per cent) of $230-million ($128-million after tax) at $1.25 per pound zinc (see news release dated May 14, 2018).
We seek Safe Harbor.
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