AFR NuVenture Resources Inc. Holds Annual and Special Meeting of Shareholders
AFR NuVenture Resources Inc.
AFR NuVenture Resources Inc. Holds Annual and Special Meeting of Shareholders
FOR IMMEDIATE RELEASE: TORONTO, Ontario – The Newswire
TORONTO, June 03, 2022 – AFR NuVenture Resources Inc. (TSX.V: AFR) (“AFR” or the
“Company”) announces that it held its Annual and Special Meeting of shareholders on June 1,
2022, at which all matters proposed by management were approved, supported by 100% of the
votes of the shareholders who voted at the meeting.
All directors were re-elected to the Board and, at the directors’ meeting following the shareholders’
meeting, management was re-appointed for the ensuing year. John O’Donnell continues to preside
as Chairman, President and Chief Executive Officer, while Errol Farr remains as Chief Financial
Officer and Corporate Secretary.
The Company is also pleased to announce a new corporate presentation has been filed on SEDAR
(www.sedar.com) accompanying this press release and on the Company’s webs ite
(afrnuventure.com). Also filed is the amended stock option plan which was approved by the
shareholders. The plan was amended to comply with the new requirements of the TSX Venture
Exchange which were recently published.
The Company has entered into a diamond drill contract with respect to its proposed program on
its project in New Brunswick, Canada (see new corporate presentation) and drilling is expected to
commence around the end of this month or early July. The Company is analysing the recent
geophysical reports received concerning the Silver Bell-St. Lawrence project in Montana (see new
corporate presentation) to determine appropriate drill targets.
On behalf of the Board of Directors,
“John F. O’Donnell”
John F. O’Donnell, Chairman and CEO
For more information on the Company, investors should review the Company's filings on SEDAR
at www.sedar.com and our website at www.afrnuventure.com .
Douglas Hunter, P.Geo., is the Qualified Person responsible for the technical information
contained in this press release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This news release contains "forward-looking information" (within the meaning of applicable
Canadian securities laws) and "forward-looking statements" (within the meaning of the U.S.
Private Securities Litigation Reform Act of 1995). Such statements or information are identified
with words such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate",
"propose", "project", "outlook", "foresee" or similar words suggesting future outcomes or
statements regarding an outlook.
Such statements include, among others, those concernin g, the Company's exploration and
reporting plans, including the commencement of its diamond drilling program.. Such forward-
looking information or statements are based on a number of risks, uncertainties and assumptions
which may cause actual results or other expectations to differ materially from those anticipated
and which may prove to be incorrect. Assumptions have been made regarding, among other things,
management's expectations regarding its ability to initiate and complete future exploration work
as expected and acquire and finance other projects. Actual results could differ materially due to a
number of factors, including, without limitation, operational risks in the completion of the
Company's future exploration work, technical, safety or regulatory issues, social and market
conditions related to the COVID-19 global pandemic; the worldwide economic and social impact
of COVID-19; the duration and extent of COVID-19; changes in general economic conditions; the
imposition of government restrictions on business related to COVID-19, any positive cases of
COVID-19 at a project site or in the area which may cause a reduction or suspension in operations
and activities which may ultimately affect and delay the exploration timeline , and the new
potentially worldwide geopolitical and economic uncertainties resulting from the current widely
followed crisis in Ukraine.
Although the Company believes that the expectations reflected in the forward-looking information
or statements are reasonable, prospective investors in the Company's securities should not place
undue reliance on forward-looking statements because the Company can provide no assurance
that such expectations will prove to be correct. Forward -looking information and statements
contained in this news release are as of the date of this news release and the Company assumes
no obligation to update or revise this for ward-looking information and statements except as
required by law.