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ECU.V ·

Element 29 Announces 2024 AGM Results

Shareholder Meetings

Element 29 Announces 2024 AGM Results

Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - Element 29 Resources Inc.

(TSXV:

ECU) (OTCQB: EMTRF) (BVL: ECU)

("

Element 29

" or the "

Company

") is pleased to announce the

results of voting at its annual general meeting of shareholders which was held today (the "

Meeting

"). All

matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and

Information Circular, both dated May 27, 2024, were approved by the requisite majority of votes cast at

the Meeting.

NUMBER OF DIRECTORS

Shareholders approved setting the number of directors at five (5).

ELECTION OF DIRECTORS

Votes For

Withheld Votes

Director

#

%

#

%

Patrick Elliott

22,639,808

99.60

90,000

0.40

Chet Idziszek

22,349,808

98.33

380,000

1.67

Brad Mercer

22,689,808

99.82

40,000

0.18

Richard Osmond

22,639,808

99.60

90,000

0.40

Mary-Carmen Vera

22,729,808

100.00

-

-

Following the Meeting Brad Mercer was appointed independent Chair of the Board of Directors.

Richard Osmond, President and CEO stated "On behalf of the Company and the board, I would like to

thank all the shareholders who voted at the Meeting and for their continued support. We welcome Brad

Mercer, Chet Idziszek and Mary-Carmen Vera as Element 29's newest board members and look

forward to working alongside this talented and dedicated team. In addition, we would like to thank Robert

Willis for his invaluable contributions to the Company."

APPOINTMENT OF AUDITORS

Davidson & Company LLP, Chartered Professional Accountants were re-appointed auditors of the

Company for the ensuing year at the remuneration to be fixed by the directors.

STOCK OPTION PLAN

Shareholders approved the renewal of the Company's Stock Option Plan.

Detailed voting results for the Meeting are available on SEDAR+ at

www.sedarplus.ca

.

About Element 29 Resources Inc.

Element 29 is an emerging copper exploration and development company focused on advancing its

portfolio of Peruvian projects towards development in one of the world's more established mining

jurisdictions.

The Company's principal objective is to explore and develop its Elida Porphyry Copper Deposit in west-

central Perú and its Flor de Cobre Porphyry Copper Project located in the Southern Perú Copper Belt,

26 km southeast from Freeport-McMoRan's Cerro Verde copper mine

1

. Both projects are well located

for potential mine development and will benefit from nearby infrastructure including roads, powerlines,

ports, water, and a skilled workforce.

More information is available at

www.e29copper.com

.

For more information:

Richard Osmond, CEO and Director

1-888-246-7881

[email protected]

Neither the TSX Venture Exchange (the "

TSX-V

") nor its Regulation Service Provider (as that term is

defined in the policies of the TSX-V)

accepts responsibility for the adequacy or accuracy of this press

release.

1

This news release contains information about adjacent properties on which Element 29 has no right to explore or mine. Readers

are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the Company's properties

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/214789