Kintavar Announces Results of Annual and Special Meeting
Kintavar Announces Results of Annual and
Special Meeting
Montreal, Quebec--(Newsfile Corp. - August 26, 2025) - Kintavar Exploration Inc. (TSXV: KTR) (the
"
Corporation
" or "
Kintavar
"), is pleased to announce the results of its Annual and Special Meeting (the
"AGM").
All the resolutions that were presented at the AGM on August 25, 2025, were approved by the
shareholders.
These included the:
Receipt of the financial statements of the Corporation for the year ended December 31, 2024 and
the auditor's report thereon;
Fixing the number of directors at six (6) and the election of directors;
Appointment of Raymond Chabot Grant Thornton S.E.N.C.R.L. as auditors of the Corporation for
the ensuing year and authorization of the directors to fix their remuneration;
Approval of the Corporation's Omnibus Equity Incentive Plan;
Approval of the acquisition by the Corporation of the Roger property pursuant to the asset
purchase agreement dated April 21, 2025 with XXIX Metal Corp. and Orecap Invest Corp. (the
"Acquisition") and the creation of two new "Control Persons" under TSX Venture Exchange
policies;
Approval of the change of management of the Corporation to take effect upon completion of the
Acquisition.
Board and Management Changes
At the AGM, the following directors were elected:
Kiril Mugerman
Maxime Lemieux
Guy Le Bel
Geneviève Ayotte
Following completion of the Acquisition, the following directors will join the board in replacement of
Maxime Lemieux and Geneviève Ayotte:
Charles Beaudry
Stephen Stewart
Ardem Keshishian
James Sykes
Following completion of the Acquisition, expected in the coming days, Peter Cashin will be appointed
Chief Executive Officer and Joel Friedman will assume the positions of Chief Financial Officer and
Corporate Secretary, in accordance with the approval of the shareholders. More information on the
upcoming activities will be presented after the closing.
Correction to August 5, 2025 Press Release
Furthermore, the Corporation wishes to issue a correction to its
press release dated August 5, 2025
,
regarding the section entitled "Changes to the Management and Board of Directors."
In the biography of Mr. James Sykes, the statement that he "has been directly and indirectly involved with
the discovery of over 500 M lbs. of U
O
in the Athabasca Basin" is not compliant with National
Instrument 43-101 (Standards of Disclosure for Mineral Projects). This disclosure has been removed
from all Corporation materials, including the Corporation's website.
Other than the correction noted above, all other information contained in the
August 5, 2025 press
release
along with the
August 6, 2025 press release
remains accurate and unchanged.
About Kintavar Exploration & the Mitchi – Wabash Properties
Kintavar Exploration is a Canadian mineral exploration Corporation engaged in the acquisition,
assessment, exploration and development of gold and base metal mineral properties. Its flagship project
is the Mitchi – Wabash copper-silver district (approx. 34 000 hectares, 100% owned) located 100 km
north of the town of Mont-Laurier and 15 km East of the town of Parent in Quebec. Both properties cover
an area of more than 300 km
2
accessible by a network of logging and gravel roads with access to hydro-
electric power already on site, major regional roads including railroad and a spur. The properties are
located in the north-western portion of the central metasedimentary belt of the Grenville geological
province. The projects primarily focus on sediment-hosted stratiform copper type mineralization (SSC)
but include Iron Oxide Copper Gold (IOCG) and skarn type targets. Osisko holds a 2% NSR on 27
claims of the southern portion of the Mitchi property, outside of the sedimentary basin. Kintavar also has
exposure in the gold greenstones of Quebec by advancing the Anik Gold Project in a partnership with
IAMGOLD.
For further information contact:
Kiril Mugerman, President and CEO
Tel: 514-223-1449
Ext. #3
Email:
Web:
www.kintavar.com
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. THE SECURITIES OF THE COMPANY REFERRED TO IN THIS NEWS
RELEASE HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES
SECURITIES ACT OF 1933, AS AMENDED (THE "
U.S. SECURITIES ACT
"), OR ANY STATE
SECURITIES LAWS. ACCORDINGLY, THE SECURITIES OF THE COMPANY MAY NOT BE
OFFERED OR SOLD WITHIN THE UNITED STATES UNLESS REGISTERED UNDER THE U.S.
SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN
EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT
AND APPLICABLE STATE SECURITIES LAWS. THIS NEWS RELEASE DOES NOT
CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF ANY OFFER TO BUY ANY
SECURITIES OF THE COMPANY IN ANY JURISDICTION IN WHICH SUCH OFFER,
SOLICITATION OR SALE WOULD BE UNLAWFUL.
Forward-Looking Statements:
This news release contains statements that may constitute "forward-looking information" or "forward-
looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking
information and statements may include, among others, statements regarding future plans, costs,
objectives or performance of the Corporation, or the assumptions underlying any of the foregoing. In
this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect",
"anticipate", "intend", "plan", "estimate" "target" and similar words and the negative form thereof are
used to identify forward-looking statements. Forward-looking statements should not be read as
guarantees of future performance or results, and will not necessarily be accurate indications of
whether, or the times at or by which, such future performance will be achieved. No assurance can be
given that any events anticipated by the forward-looking information will transpire or occur, including
the closing of the Transaction, appointment of the new officers and directors, and information
regarding the Rogers Project. Forward-looking statements and information are based on information
available at the time and/or management's good-faith belief with respect to future events and are
subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many
of which are beyond the Corporation's control. These risks, uncertainties and assumptions include,
but are not limited to, those described under "Risk Factors" in the Corporation's management's
discussion and analysis for the fiscal year ended December 31, 2024, which is available on SEDAR+
at
www.sedarplus.ca
; they could cause actual events or results to differ materially from those projected
in any forward-looking statements. The Corporation does not intend, nor does the Corporation
undertake any obligation, to update or revise any forward-looking information or statements contained
in this news release to reflect subsequent information, events or circumstances or otherwise, except if
required by applicable laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/264022