Azarga Metals Corp. Shareholders Approve All Resolutions at Annual General and Special Meeting
AZARGA METALS CORP.
UNIT 1 – 15782 MARINE DRIVE, WHITE ROCK, B.C. V4B 1E6, CANADA
www.azargametals.com
FOR IMMEDIATE RELEASE TSX-V: AZR
AZARGA METALS CORP. SHAREHOLDERS APPROVE ALL RESOLUTIONS AT ANNUAL
GENERAL AND SPECIAL MEETING
July 8, 2022 – Vancouver, B.C. - AZARGA METALS CORP. ("Azarga Metals" or the “Company”) (TSX-
V:AZR) is pleased to report that all resolutions put forward at the Annual General and Special Meeting of
the Company’s shareholders held on July 8 , 2022, as further described in the Company’s information
circular dated June 3, 2022 were approved, including the Company’s replacement 10% “rolling” stock option
plan (“Option Plan”) and a new equity incentive plan (“Equity Plan”). The Board of Directors approved the
Option Plan and Equity Plan on April 13, 2022, subject to regulatory and shareholder approval. The Option
Plan and Equity Plan follow the new share- based compensation policy adopted by the TSX Venture
Exchange in November 2021.
Stock Option Plan
The Company’s Option Plan is a 10% “rolling” stock option plan which governs the granting of stock options
to directors, officers, employees and consultants of the Company or a subsidiary of the Company for the
purchase of up to 10% of the issued and outstanding common shares in the capital of the Company (the
“Common Shares”) from time to time which supersedes the current stock option plan. Any stock options
currently outstanding under the superseded stock option plan will remain outstanding as at the effective
date, however new stock option grants will be subject to the new Option Plan.
Equity Incentive Plan
The Company’s Equity Plan governs the granting of any restricted share unit (RSU), performance share
unit (PSU) or deferred share unit (DSU) (collectively the “Awards”) granted under the fixed Equity Plan, to
directors, officers, employees and consultants of the Company or a subsidiary of the Company. The
Company has reserved for issuance up to 13,050,291 Common Shares, being 10% of the issued and
outstanding Common Shares of the Company, pursuant to the Equity Plan.
AZARGA METALS CORP.
"Gordon Tainton"
Gordon Tainton,
President and CEO
For further information please contact: Doris Meyer, at +1 604 536- 2711 ext. 3 or visit
www.azargametals.com. The address of the head office of Azarga Metals is Unit 1 - 15782 Marine Drive,
White Rock, BC V4B 1E6, British Columbia, Canada.
Neither the 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.