Canasil Resources Inc. Announces Results of Annual General Meeting
Suite 1760 – 750 West Pender Street Vancouver, BC Canada V6C 2T8
Tel: 604-708 3788 Fax: 604-708 3728 Email: [email protected]
NEWS RELEASE TSX-V: CLZ September 30, 2020 www.canasil.com
Canasil Resources Inc. Announces Results of Annual General Meeting
Vancouver, September 30, 2020 - Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil”) announces the voting results from its Annual General Meeting of Shareholders held on September 30, 2020, in Vancouver, British Columbia. A total of 46,959,047 shares were represented at the meeting, representing 40.09 per cent of the Company's issued and outstanding common shares. Shareholders voted in favour of all matters brought before the meeting, including the number of Directors, appointment of auditor for the ensuing year, confirmation of the Company's Stock Option Plan, and the election of management's nominees as Directors.
| Results of Votes Cast at Canasil AGM, September 30, 2020 | ||||||
|---|---|---|---|---|---|---|
| Resolution | Votes For | % | Votes Against | % | Votes Withheld | % |
| Number of Directors: | 36,514,047 | 77.76 | 10.445,000 | 22.24 | - | 0.00 |
| Directors: | ||||||
| Alvin Jackson | 36,522,547 | 77.78 | - | 0.00 | 10,436,500 | 22.22 |
| Michael McInnis | 36,522,547 | 77.78 | - | 0.00 | 10,436,500 | 22.22 |
| Arthur Freeze | 35,925,138 | 76.50 | - | 0.00 | 11,033,909 | 23.50 |
| Bahman Yamini | 35,925,138 | 76.50 | - | 0.00 | 11,033,909 | 23.50 |
| Other Resolutions: | ||||||
| Appointment of Auditor | 36,524,047 | 77.78 | - | 0.00 | 10,435,000 | 22.22 |
| Stock Option Plan | 34,825,138 | 74.16 | 12,133,909 | 25.84 | - | 0.00 |
About Canasil:
Canasil is a Canadian mineral exploration company with a strong portfolio of 100% owned silver-goldcopper-lead-zinc projects in Durango and Zacatecas States, Mexico, and in British Columbia, Canada. The Company’s directors and management include industry professionals with a track record of identifying and advancing successful mineral exploration projects through to discovery and further development. The Company is actively engaged in the exploration of its mineral properties, and maintains an operating subsidiary in Durango, Mexico, with full time geological and support staff for its operations in Mexico.
For further information please contact:
Bahman Yamini President & CEO Canasil Resources Inc.
Tel: 604-709 0109 [email protected]
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