EGR Exploration Announces New Director and AGM Results
Trading Symbol (TSX-V: EGR)
410-325 Howe Street
Vancouver, British Columbia
Canada V6C 1Z7
Tel: (604) 687 3520
Fax: 1-888-889-4874
www.EGRExploration.com
EGR Exploration Announces New Director and AGM Results
Vancouver, BC, September 06, 2023 – EGR Exploration Ltd. (TSX-V:EGR) (“EGR”
or the “Company”) is pleased to announce the election of David Suda to the Board of
Directors. The Company is also announcing the resignation of Dorian (Dusty) L. Nicol.
EGR is also announcing the results from the Annual General Meeting (AGM) held
September 1, 2023.
Board of Director Changes
Shareholders at the recently held AGM have approved the appointment of Mr. David
Suda as a director of EGR Exploration. This decision was made following Mr. Dusty
Nicol not standing for re-election. The Board wishes to sincerely thank Mr. Nicol for his
many valuable contributions to the Company during his time as a director and wishes
him well in the future. Messrs., Daniel Rodriguez, Owen Garfield, Sven Gollan and
David Stevenson were also re-elected to the Board at the AGM.
Mr. Suda is currently CEO of American Future Fuel Corp., and a Director of Mich
Resources Ltd. Mr. Suda has 16 years of capital markets experience, and expertise in
corporate strategy, capital raising, sustainability performance and marketing. Previously.
Mr. Suda was Managing Director at both Beacon Securities Limited, a global investment
bank, and Paradigm Capital, a research investment dealer. Mr. Suda is a graduate, with
honours, of York University where he earned a bachelor's degree in environmental
studies.
CEO Comments
Daniel Rodriguez, CEO & Director, said, “I am very pleased to welcome Dave to the
Board of Directors. He brings years of experience in Canadian and international capital
markets from many transactions successfully completed during his time with two well-
known Toronto-based investment banks. I look forward to working with Dave as we
continue to grow EGR. I also want to thank Dusty for his time and wisdom he brought to
the team, and we wish him well on his current and future endeavours.”
AGM Results
The Company held its AGM on September 1, 2023. A total of 10,091,062 common
shares were voted at the AGM, representing 25.1% of outstanding common shares of
the Company. Shareholders voted in favour of all items of business before the AGM,
including the election of all director nominees, the appointment of the auditor, and the
new stock option plan.
About EGR Exploration Ltd.
EGR Exploration Ltd. is exploring for gold in the Detour-Fenelon Gold Trend,
approximately 300 kilometres north of Timmins, Ontario. EGR’s 40,255 hectare Detour
West gold project is contiguous to Agnico Eagle’s property which contains the Detour
Lake Gold Mine and is approximately 20 kilometres from the mine, which is also hosted
in the Abitibi Greenstone Belt.
For further information contact:
Daniel Rodriguez
CEO & Director
Phone: (604) 353-4080
Email: [email protected]
Forward‐Looking Statement (Safe Harbor Statement): This press release contains forward-looking
statements within the meaning of applicable securities laws. The use of any of the words "anticipate",
"plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential"
and similar expressions are intended to identify forward-looking statements. In particular, this press
release contains forward-looking statements concerning the Company's exploration plans. Although the
Company believes that the expectations and assumptions on which the forward-looking statements are
based are reasonable, undue reliance should not be placed on the forward-looking statements because
the Company cannot give any assurance that they will prove correct. Since forward-looking statements
address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual
results could differ materially from those currently anticipated due to a number of assumptions, factors
and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated
with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory
and shareholder approvals. Management has provided the above summary of risks and assumptions
related to forward-looking statements in this press release in order to provide readers with a more
comprehensive perspective on the Company's future operations. The Company's actual results,
performance or achievement could differ materially from those expressed in, or implied by, these forward-
looking statements and, accordingly, no assurance can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will
derive from them. These forward-looking statements are made as of the date of this press release, and,
other than as required by applicable securities laws, the Company disclaims any intent or obligation to
update publicly any forward-looking statements, whether as a result of new information, future events or
results or otherwise. 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.