Copper Lake Announces Results of Agm and Resignation of Director
News Release No: 25-03
COPPER LAKE ANNOUNCES RESULTS OF AGM
AND RESIGNATION OF DIRECTOR
June 17, 2025 – Toronto, ON – Copper Lake Resources Ltd. (TSX-V: CPL, Frankfurt: WOI,
OTC: WTCZF) (“Copper Lake” or the “Company”) is pleased to announce the results from the
Annual General and Special Meeting of Shareholders (“AGM”).
Results of AGM
A total of 46,955,474 shares representing 17.36% of the total issued and outstanding shares at the
record date of the AGM were voted.
Shareholders passed all resolutions set out in the management information circular of the Company
dated April 30, 2025, including the re -election of the incumbent directors, setting the number of
directors at five, the approval of Copper Lake’s stock option plan as required annually by the TSX
Venture Exchange, and the proposed common share consolidation. The percent of votes in favor
of the various motions ranged from 97.68% to 83.74%.
Director Resignation
The Company announces that Dr. Jeffrey Malaihollo, PhD, BA, FGS, MAusIMM has tendered his
resignation as a director of the Company, effective June 13, 2025. Dr. Malaihollo has resigned to
focus on other business interests.
Dr. Malaihollo was first elected at the Co mpany’s Annual General Meeting in September 2016 .
The Board of Directors would like to sincerely thank Dr. Malaihollo for his contributions to the
Company and wish him continued success.
ABOUT COPPER LAKE RESOURCES
Copper Lake Resources Ltd. is a publicly traded Canadian mineral exploration and development
company with interests in two projects both located in Ontario. www.copperlakeresources.com
The Marshall Lake high-grade VMS copper, zinc, silver and gold project, comprises an area of
approximately 220 square km located 120 km north of Geraldton, Ontario and is just 22 km north
of the main CNR rail line. Copper Lake has an 82.97% interest in the joint ventured property,
which consists of 233 claims and 52 mining leases. The project also includes 148 claim cells
staked in 2018 and 2020 that are 100% owned and not subject to any royalties. These newer claims
add approximately 30 square km to the property.
In addition to the original Marshall Lake property above, Marshall Lake also includes the Sollas
Lake and Summit Lake properties, which are 100% owned by the Company and are not subject to
any royalties. The Sollas Lake property consists of 20 claim cells comprising an area of 4 square
km on the east side of the Marshall Lake property where historical EM airborne geophysical
surveys have outlined strong conductors on the property hosted wit hin the same favorable felsic
volcanic units. The Summit Lake property currently consists of 100 claim cells comprising an area
of 20.5 square km, is accessible year -round, and is located immediately west of the original
Marshall Lake property. The Marshal l Lake project is located in the traditional territories of
Aroland and Animbiigoo Zaagi’igan Anishinaabek (“AZA”) First Nations.
Copper Lake has a 69.79% joint venture interest in the Norton Lake nickel, copper, cobalt, and
palladium PGM property, located in the southern Ring of Fire area, is approximately 100 km north
of the Marshall Lake Property. The Company filed an updated NI 43- 101 in October 2023 with a
mineral resource of open pit and underground Measured + Indicated Resources of 1,795,000
tonnes at an average grade of 0.72% NI, 0.69% Cu, 339 ppm Co, 0.52 g/t Pd, 0.17 g/t Pt and
containing 28.3Mlbs of nickel and 27.3Mlbs of c opper. The Norton Lake property is located in
the traditional territories of Eabametoong (“Fort Hope”) and Neskantaga First Nations.
On behalf of the Board of Directors,
Copper Lake Resources Ltd.
Terry MacDonald, CEO
(416) 561-3626
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.