Eagle Plains Shareholders Approve all Matters at AGM
Eagle Plains Shareholders Approve all Matters at AGM
Cranbrook, B.C., October 4th, 2019: Eagle Plains Resources Ltd. (TSX-V:”EPL”),(the “Company”)
shareholders approved all matters put before them at the Company's Annual and Special Meeting held
October 3, 2019:
1. Elected the following directors of the Company for the ensuing year: Timothy Jay Termuende,
Charles C. Downie, Glen J. Diduck, Darren B. Fach, William (Bill) Bennett and Paul Reynolds;
2. Appointed Crowe MacKay LLP as auditors of the Company for the ensuing year;
3. Passed a resolution approving the renewal of the Company's Stock Option Plan;
Eagle Plains remains active in the junior mining space, with ongoing projects targeting a variety of
commodities located in British Columbia, Saskatchewan, Yukon, and NWT. The Company remains
financially healthy and currently holds $3.4M cash in treasury, over $1.6M in short-term investments
and no debt. In addition, Eagle Plains owns a modern office building, additional lands and structures in
the East Kootenay region, automobiles, field and office equipment. TerraLogic Exploration Inc., EPL’s
100%-owned subsidiary , continues to generate significant revenue through its mineral exploration
consulting activities for third-party clients.
About Eagle Plains Resources
Based in Cranbrook, B.C., Eagle Plains continues to conduct research, acquire and explore mineral projects
throughout western Canada. The Company is committed to steadily enhancing shareholder value by
advancing our diverse portfolio of projects toward discovery through collaborative partnerships and
development of a highly experienced technical team. Managements’ current focus is to preserve its
treasury while advancing its most promising exploration projects. In add ition, Eagle Plains continues to
seek out and secure high -quality, unencumbered projects through research, staking and strategic
acquisitions. Since 2012, Eagle Plains has added to its portfolio a number of new projects exceeding
130,000 ha targeting mainly gold, uranium and base-metals in Saskatchewan, a highly-prospective mining
jurisdiction which was recently recognized by the Fraser Institute as the second best place in the world in
terms of Investment Attractiveness. Throughout the exploration process, our mission is to help maintain
prosperous communities by exploring for and discovering resource opportunities while building lasting
relationships through honest and respectful business practices.
Expenditures from 2011-2018 on Eagle Plains-related projects exceed $20M, most of which was funded
by third-party partners. This exploration work resulted in approximately 30,000 m of diamond-drilling and
extensive ground-based exploration work facilitating the advancement of numerous projects at various
stages of development.
On behalf of the Board of Directors
“Tim J. Termuende”
President and CEO
For further information on EPL, please contact Mike Labach at
1 866 HUNT ORE (486 8673)
Email: [email protected] or visit our website at http://www.eagleplains.com
Cautionary Note Regarding Forward-Looking Statements
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. This news release may contain
forward-looking statements including but not limited to comments regarding the timing and content of upcoming work
programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward -looking
statements address future events and conditions and therefore, involve inhere nt risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.