Arizona Metals Corp Announces Annual General Meeting Results
Arizona Metals Corp Announces Annual General Meeting Results
Toronto, June 28th, 2024 – Arizona Metals Corp. (TSX:AMC, OTCQX:AZMCF) (the “Company”
or “Arizona Metals”) is pleased to announce the results of its Annual General Meeting held on
June 28, 2024 (the “Meeting”).
At the meeting, the seven director nominees listed in the Company’s management information
circular dated May 28, 2024 (the “Circular”) were elected as directors to serve until the close of
the next annual meeting of shareholders. The detailed results of the votes for each director are set
out below.
Nominees Voted "For" % "For" Voted "Against" % “Against”
Jacques Perron 40,564,594 99.82% 74,547 0.18%
Duncan Middlemiss 40,124,683 98.73% 514,458 1.27%
Rickard Vernon 23,358,885 57.48% 17,280,256 42.52%
Conor Dooley 28,872,262 71.05% 11,766,879 28.96%
Rosa Maria Rojas Espinoza 39,194,806 96.45% 1,444,335 3.55%
Katherine Arnold 39,849,568 98.06% 789,573 1.94%
Mike Pilmer 28,756,160 70.76% 11,882,981 29.24%
In addition to the election of directors, shareholders also re -appointed McGovern Hurley LLP.,
Chartered Professional Accountants as auditors of the Company.
A total of 42,751,336 shares were voted at the meeting , representing 35.97 % of the common
shares that were issued and outstanding at the record date for the meeting.
Further disclosure on the mattes approved at the Meeting can be found in the Circular and available
on SEDAR+ at www.sedarplus.ca
About Arizona Metals Corp
Arizona Metals Corp owns 100% of the Kay Mine Property in Yavapai County, which is located
on a combination patented and BLM claims totaling 1,665 acres that are not s ubject to any
royalties, and 193 acres of private land . A historic estimate by Exxon Minerals in 1982 reported a
“proven and probable reserve of 6.4 million short tons at a grade of 2.2% copper, 2.8 g/t gold,
3.03% zinc, and 55 g/t silver.” The historic estimate at the Kay Mine was reported by Exxon
Minerals in 1982. (Fellows, M.L., 1982, Kay Mine massive sulphide deposit: Internal report
prepared for Exxon Minerals Company)
*The Kay Mine historic estimate has not been verified as a current mineral resource. None of the
key assumptions, parameters, and methods used to prepare the historic estimate were reported, and
no resource categories were used. Significant data compilation, re -drilling and data verification
may be required by a Qualified Per son before the historic estimate can be verified and upgraded
to be a current mineral resource. A Qualified Person has not done sufficient work to classify it as
a current mineral resource, and Arizona Metals is not treating the historic estimate as a curr ent
mineral resource.
The Kay Mine is a steeply dipping VMS deposit that has been defined from a depth of 60 m to at
least 900 m. It is open for expansion on strike and at depth.
The Company also owns 100% of the Sugarloaf Peak Property, in La Paz County, which is located
on 4,400 acres of BLM claims. Sugarloaf is a heap-leach, open-pit target and has a historic estimate
of “100 million tons containing 1.5 million ounces gold” at a grade of 0.5 g/t (Dausinger, N.E.,
1983, Phase 1 Drill Program and E valuation of Gold -Silver Potential, Sugarloaf Peak Project,
Quartzsite, Arizona: Report for Westworld Inc.)
The historic estimate at the Sugarloaf Peak Property was reported by Westworld Resources in
1983. The historic estimate has not been verified as a c urrent mineral resource. None of the key
assumptions, parameters, and methods used to prepare the historic estimate were reported, and no
resource categories were used. Significant data compilation, re-drilling and data verification may
be required by a Q ualified Person before the historic estimate can be verified and upgraded to a
current mineral resource. A Qualified Person has not done sufficient work to classify it as a current
mineral resource, and Arizona Metals is not treating the historic estimate as a current mineral
resource.
The Qualified Person who reviewed and approved the technical disclosure in this release is David
Smith, CPG.
This press release contains statements that constitute “forward-looking information” (collectively,
“forward-looking statements”) within the meaning of the applicable Canadian securities
legislation. All statements, other than statements of historical fact, are forward-looking statements
and are based on expectations, estimates and projections as at the date of this news release. Any
statement that discusses predictions, expectations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often but not always using phrases such as “expects”,
or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”,
“scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and
phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or
“will” be taken to occur or be achieved) are not statements of historical fact and may be forward-
looking statements. Forward-looking statements contained in this press release include, without
limitation, statements regarding work required to be done on the Company’s mineral projects. In
making the forward- looking statements contained in this press release, the Company has made
certain assumptions. Although the Company believes that the expectations reflected in forward -
looking statements are reasonable, it can give no assurance that the expectations of any forward-
looking statements will prove to be correct. Known and unknown risks, uncertainties, and other
factors which may cause the actual results and future events to differ materially from those
expressed or implied by such forward-looking statements. Such factors include, but are not limited
to: availability of financing; delay or failure to receive required permits or regulatory approvals;
and general business, economic, competitive, polit ical and social uncertainties. Accordingly,
readers should not place undue reliance on the forward -looking statements and information
contained in this press release. Except as required by law, the Company disclaims any intention
and assumes no obligation to update or revise any forward -looking statements to reflect actual
results, whether as a result of new information, future events, changes in assumptions, changes in
factors affecting such forward- looking statements or otherwise.
NEITHER THE TSX VENTURE EXCHANGE (NOR ITS REGULATORY SERVICE PROVIDER)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
Not for distribution to US newswire services or for release, publication, distribution or dissemination
directly, or indirectly, in whole or in part, in or into the United States
For further information please contact:
Morgan Knowles
Vice President, Investor Relations
(647) 202 -3904
Duncan Middlemiss
President and CEO
www.arizonametalscorp.com
https://twitter.com/ArizonaCorp