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Brigadier Gold Ltd (3)
Symbol BRG
Shares Issued 127,764,202
Close 2024-04-17 C$ 0.01
Market Cap C$ 1,277,642
Recent Sedar Documents

Brigadier Gold holders approve all matters at AGSM

2024-04-17 17:12 ET - News Release

Mr. Robert Birmingham reports

BRIGADIER ANNOUNCES VOTING RESULTS AT ITS ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

Brigadier Gold Ltd. has released the voting results from its annual general and special meeting of shareholders held earlier today, April 17, 2024, in Vancouver, B.C.

At the meeting, all nominees, as set forth in the company's management information circular dated March 19, 2024, were elected as directors of the company, and shareholders also approved: (1) the appointment of Davidson & Company LLP, chartered professional accountants, as auditor of the company for the ensuing financial year, (2) ratification of the appointment of Davidson & Company LLP, chartered professional accountants, as auditor of the company for the financial year ended Dec. 31, 2023, (3) authorization for the board of directors of the company to amend the articles of the company to consolidate the common shares in the capital of the company on the basis of one postconsolidation common share for up to every 30 existing common shares, (4) authorization for the board to change the company's name to Pace Metals Ltd. or such other name determined by the board, (5) adoption of an amended rolling 10-per-cent stock option plan to comply with certain amendments made by the TSX Venture Exchange to its policies, and (6) adoption of an amended 10-per-cent fixed restricted share unit plan (the RSU plan) to comply with certain amendments made by the exchange to its policies, each as further described in the information circular.

Brigadier is pursuing the share consolidation as it may result in an increased and more attractive share price for future investors and may improve trading liquidity of the common shares. The share consolidation is subject to exchange approval, and the final ratio of the share consolidation will be determined by Brigadier's board of directors.

The stock option plan governs the terms of any non-transferable options to purchase common shares, granted to directors, officers, employees, consultants and management company employees of the company (as such terms are defined by the policies of the exchange, the "exchange policies"). The aggregate number of common shares issuable pursuant to the options granted under the stock option plan may not exceed 10 per cent of the issued and outstanding common shares (on a non-diluted basis) as at the date of the grant of any options under the stock option plan. The RSU plan governs the terms of any restricted share unit (RSU) granted under the RSU plan, to participants (as defined in the exchange policies). The company has reserved for issuance up to 12,776,420 common shares, a fixed number being 10 per cent of the issued and outstanding common shares of the company on the meeting date, pursuant to the RSU plan.

The purposes of the stock option plan and RSU plan are to: (i) provide an incentive to the directors, officers, employees, consultants and other personnel of the company or any of its subsidiaries to achieve the longer-term objectives of the company; (ii) to give suitable recognition to the ability and industry of such persons who contribute materially to the success of the company; and (iii) attract to and retain in the employ of the company or any of its subsidiaries, persons of experience and ability, by providing them with the opportunity to acquire an increased proprietary interest in the company. The stock option plan and the RSU plan are subject to exchange approval.

The RSU plan is subject to exchange approval.

About Brigadier Gold Ltd.

Brigadier Gold is a mineral mining company operating in the industry of mineral exploration. Its common shares are listed on the TSX Venture Exchange under the BRG.H stock symbol, on the Frankfurt Stock Exchange under the B7LM symbol and on the OTC market in the United States under the BGADF symbol.

We seek Safe Harbor.

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