Eagle Plains Shareholders Approve all Matters at Annual General Meeting
Eagle Plains Shareholders Approve all Matters at Annual General
Meeting
Cranbrook, B.C., December 7th, 20 23: 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 on December 7th , 202 3 at the
Company’s offices in Cranbrook, BC.
1. Elected the following directors of the C ompany for the ensuing year: Timothy Jay
Termuende, Charles C. (Chuck) Downie, Glen J. Diduck, 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 steady project
acquisitions and ongoing exploration projects underway targeting a variety of
commodities located in British Columbia, Saskatchewan, Yukon, and NWT. The
Company remains financially healthy and currently holds ~$8.5M cash in treasury,
over $1,400,000 in investments, ~$1,500,000 in real estate and hard assets and carries
no debt. TerraLogic Exploration Inc. , EPL’s 100%-owned subsidiary, continues to
generate significant revenue through its mineral exploration consulting activities for
third-party clients in addition to providing valuable intellectual capital to Eagle
Plains.
About Eagle Plains Resources
Based in Cranbrook, B.C., Eagle Plains is a well -funded, prolific project generator
that continues to conduct research, acquire and explore mineral projects throughout
western Canada. The Company was formed in 1992 and is the ninth -oldest listed
issuer on the TSX -V (and one of only three that has not seen a roll -back or
restructuring of its shares). Eagle Plains has continued to deliver shareholder value
over the years and through numerous spin outs has transferred over $100,000,000 in
value directly to its shareholders, with Copper Canyon Resources and Taiga Gold
Corp. being notable examples.
In late 2022 Eagle Plains announced the formation of a separate division within the
Company: Eagle Royalties Ltd. (“ER”) which holds many of Eagle Plains’ diverse
portfolio of royalty assets. The restructuring enhanced the valuation of Eagle Plains’
extensive royalty interests, enabling ER to market and develop its royalty assets while
seeking additional royalty acquisition opportunities. Eagle Royalties’ royalty assets
cover a broad spectrum of commodities on projects controlled by Cameco Corp., Iso
Energy Corp., Denison Mines Corp., Skeena Resources Ltd. and Hecla Mining
Co./Banyan Gold Corp., among many others. Eagle Royalties listed on the Canadian
Securities Exchange (“CSE”) on May 19th, 2023
Eagle Plains’ core business is to acquire grassroots critical - and precious -metal
exploration properties. The Company is committed to steadily enhancing shareholder
value by advancing its’ diverse portfolio of projects toward discovery through
collaborative partnerships and development of a highly experienced technical team.
Expenditures from 2011 -2022 on Eagle Plains -related projects exceed $30M, the
majority of which was funded by third-party partners. This exploration work resulted
in approximately 45,000m 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 https://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 s tatements 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 inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such statements.