Hercules Metals Announces Voting Results from Annual General Meeting
Hercules Metals Announces Voting Results from
Annual General Meeting
Toronto, Ontario / June 17, 2025 – Hercules Metals Corp. ( “Hercules” or the
“Company”) (TSX-V: BIG) (OTCQB: BADEF) (FRA: C0X) is pleased to announce the
results of its Annual General Meeting of Shareholders (the “Meeting”) held today. All the
resolutions at the Meeting were approved by the shareholders, with the votes cast
representing 34.59% of the total shares outstanding as of the record date.
Election of Directors
The number of directors was fixed at four members and each of the four nominees listed
in the Company’s Management Information Circular dated May 16, 2025, were re-elected
to the Company’s Board of Directors.
Results of the votes cast are set out below.
Resolution Votes Cast For % For Votes Cast
Withheld
% Withheld
Chris Paul 66,482,938 99.726% 182,808 0.274%
Peter Simeon 66,436,938 99.657% 228,808 0.343%
Nick Tintor 66,471,938 99.709% 193,808 0.291%
Kelly Malcolm 64,738,900 97.110% 1,926,846 2.890%
Appointment of Auditors
MNP LLP, Chartered Professional Accountants, was re-appointed as the auditor of the
Company to hold office until the close of the next Annual Meeting of the Shareholders, or
until their successor is otherwise appointed, and the directors were authorized to fix the
auditor’s remuneration.
Results of the votes cast are set out below.
Resolution Votes Cast For % For Votes Cast
Withheld
% Withheld
Appointment of
Auditors
90,504,458 99.971% 25,812 0.029%
About Hercules Metals Corp.
Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FWB: C0X) is an exploration
Company focused on developing America’s newest porphyry copper district, in Idaho.
The 100% owned Hercules Project located northwest of Cambridge, Idaho, hosts the
newly discovered Leviathan porphyry copper system, one of the most important new
porphyry copper discoveries in recent times. The Company is well positioned for growth
through continued drilling, supported by a strategic investment from Barrick Mining
Corporation.
With the potential for significant scale, the Company’s management and board of
directors aims to build on its proven track record which includes the discovery and
development of numerous base and precious metals projects worldwide.
For further information, please contact:
Chris Paul
CEO & Director
Telephone +1 (604) 670-5527
Email: [email protected]
Greg DiTomaso
Investor Relations
Telephone: +1 (647) 243-4074
Email: [email protected]
This news release does not constitute an offer to sell or a solicitation of an offer to buy
any of the securities in the United States. Any securities referred to herein have not 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 and may not be offered or sold within
the United States or to U.S. Persons unless registered under the U.S. Securities Act and
applicable state securities laws of an exemption from such registration is available.
Disclaimer for Forward-Looking Information
This news release contains certain information that may be deemed “forward -looking
information” with respect to the Company within the meaning of applicable securities laws.
Such forward-looking information involves known and unknown risks, uncertainties and
other factors that may cause the Company’s actual result s, performance or
achievements, or developments in the industry to differ materially from the anticipated
results, performance or achievements expressed or implied by such forward -looking
information. Forward-looking information includes statements that are not historical facts
and are generally, but not always, identified by the words "expects," "plans," "anticipates,"
"believes," "intends," "estimates," "projects," "potential" and similar expressions, or that
events or conditions "will," "would," "may," " could" or "should" occur. Forward -looking
information contained in this press release may include, without limitation, the expected
execution of future exploration programs on the Property; assay results of future drill
holes; results of operations, and the expected financial performance of the Company.
Although the Company believes the forward -looking information contained in this news
release is reasonable based on information available on the date hereof, by its nature,
forward-looking information involves assumptions and known and unknown risks,
uncertainties and other factors which may cause our actual results, level of activity,
performance or achievements, or other future events, to be materially different from any
future results, performance or achievements expressed or implied by such forward -
looking information.
Examples of such assumptions, risks and uncertainties include, without limitation,
assumptions, risks and uncertainties associated with general economic conditions; the
Covid-19 pandemic; adverse industry events; the receipt of required regulatory approvals
and the timing of such approvals; that the Company maintains good relationships with the
communities in which it operates or proposes to operate, future legislative and regulatory
developments in the mining sector; the Company’s ability to access sufficient capital from
internal and external sources, and/or inability to access sufficient capital on favorable
terms; mining industry and markets in Canada and generally; the ability of the Company
to implement its business strategies; competition; the risk th at any of the assumptions
prove not to be valid or reliable, which could result in delays, or cessation in planned work,
risks associated with the interpretation of data, the geology, grade and continuity of
mineral deposits, the possibility that results w ill not be consistent with the Company’s
expectations, as well as other assumptions risks and uncertainties applicable to mineral
exploration and development activities and to the Company, including as set forth in the
Company’s public disclosure documents filed on the SEDAR+ website at
www.sedarplus.ca.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE
REPRESENTS THE EXPECTATIONS OF HERCULES METALS AS OF THE DATE OF
THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER
SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON
FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS
INFORMATION AS OF ANY OTHER DATE. WHILE HERCULES METALS MAY ELECT
TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY
PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE
LAWS.
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 press release.