Cosa Resources Announces Voting Results from Its Annual General Meeting
Cosa Resources Announces Voting Results
from Its Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) -
Cosa Resources Corp. (TSXV:
COSA) (OTCQB: COSAF) (FSE: SSKU)
("
Cosa
" or the "
Company
") is pleased to announce the
voting results from its Annual General and Special Meeting of Shareholders ("the "Meeting"), held on
June 18
th
, 2025.
Shareholders voted in favour of all matters of business before the Meeting. Each of those matters is set
out in detail in the Management Information Circular published in connection with the Meeting, which is
available on the Company's website
www.cosaresources.ca
.
A total of 27,589,121 common shares, representing approximately 31.04% of the Company's
outstanding common shares, were voted in person and by proxy at the Meeting. Shareholders voted in
favour of (a) reappointing D&H Group LLP as auditors of the Company (98.82% in favour), (b) setting the
number of directors at seven (99.72% in favour), and (c) ratifying and approving the Company's Stock
Option Plan (99.44% in favour).
Election of Directors
The following nominees listed in the Management Information Circular were elected as directors of the
Company until the next annual meeting of shareholders or until the successors are elected or appointed,
with the voting results being as follows:
Nominee
Votes For
% For
Votes Withheld
% Withheld
Steve Blower
27,509,288
99.71%
79,833
0.29%
Keith Bodnarchuk
26,818,288
97.20%
770,833
2.80%
Janine Richardson
27,530,121
99.79%
59,000
0.21%
Ted Trueman
27,509,288
99.71%
79,833
0.29%
Wes Short
27,530,121
99.79%
59,000
0.21%
Geoff Smith
27,530,121
99.79%
59,000
0.21%
Elizabeth Sidle
27,330,121
99.06%
259,000
0.94%
Stock Option Grant
The Company has granted 1,735,000 incentive stock options to directors, officers, employees and
advisors of the Company. The incentive stock options will vest over a period of two years, have an
exercise price of $0.225 per share, and are valid for a 5-year period from the date of grant. The options
were granted pursuant to the Company's incentive stock option plan.
About Cosa Resources
Cosa Resources is a Canadian uranium exploration company operating in northern Saskatchewan. The
portfolio comprises roughly 237,000 ha across multiple underexplored 100% owned and Cosa-operated
Joint Venture projects in the Athabasca Basin region, the majority of which reside within or adjacent to
established uranium corridors.
In January of 2025, the Company entered a transformative strategic collaboration with Denison Mines
that has secured Cosa access into several additional highly prospective eastern Athabasca uranium
exploration projects. As Cosa's largest shareholder, Denison gains exposure to Cosa's potential for
exploration success and its pipeline of uranium projects.
Cosa's award-winning management team has a long track record of success in Saskatchewan. In 2022,
members of the Cosa team were awarded the AME Colin Spence Award for their previous involvement
in discovering IsoEnergy's Hurricane deposit. Prior to Hurricane, Cosa personnel led teams or had
integral roles in the discovery of Denison's Gryphon deposit and 92 Energy's GMZ zone and held key
roles in the founding of both NexGen and IsoEnergy.
The Company's core focus throughout 2025 is drilling at the Murphy Lake North Joint Venture. Murphy
Lake North is a 70/30 Joint Venture between Cosa and Denison respectively and is located at the
northern end of the Larocque Lake trend. The Project is within three kilometres of and on trend with the
Hurricane deposit. Initial drilling completed by Cosa during winter 2025 intersected broad zones of
hydrothermal alteration of the sandstone, associated with prospective basement structures interpreted
as the strike extension of those controlling the Hurricane deposit. An expanded follow-up campaign is
set to commence in July.
For further information on Cosa Resources, please contact:
Keith Bodnarchuk, President & CEO
Tel: +1 888-899-2672 (COSA)
Email:
Website:
www.cosaresources.ca
Cautionary Statements
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 press release contains forward-looking information within the meaning of Canadian securities laws
(collectively "forward-looking statements"). Forward-looking statements are typically identified by words
such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are
those, which, by their nature, refer to future events. All statements that are not statements of historical fact
are forward-looking statements. Forward-looking statements in this press release include but are not
limited to statements regarding, the Company's exploration and development plans. Although the
Company believes any forward-looking statements in this press release are reasonable, it can give no
assurance that the expectations and assumptions in such statements will prove to be correct. Factors
that could cause actual results to differ materially from such forward-looking information include, but are
not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays
in obtaining required regulatory or governmental approvals, and other risks involved in the mineral
exploration and development industry, including those risks set out in the Company's management's
discussion and analysis as filed under the Company's profile at
www.sedarplus.ca
. Forward-looking
information in this news release is based on the opinions and assumptions of management considered
reasonable as of the date hereof, including the price of uranium and other commodities; costs of
exploration and development; the estimated costs of development of exploration projects; the
Company's ability to operate in a safe and effective manner and its ability to obtain financing on
reasonable terms. Although the Company believes that the assumptions and factors used in preparing
the forward-looking information in this news release are reasonable, undue reliance should not be
placed on such information. The Company disclaims any intention or obligation to update or revise any
forward-looking information, other than as required by applicable securities laws.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/256043