Eskay Mining Corp Announces Results of Annual Meeting
1
82 Richmond Street East
Toronto, ON M5C 1P1
T: 416 907 4020
W: eskaymining.com
NEWS RELEASE
FOR IMMEDIATE RELEASE: August 14, 2020
Eskay Mining Corp Announces Results of Annual Meeting
Toronto, August 14, 2020 – Eskay Mining Corp. (“Eskay” or the “Company”) (TSX-V:ESK) (OTC-
PK: ESKYF) (Frankfurt: KN7; WKN: A0YDPM) wishes to announce that shareholders approved all
matters at the Annual General and Special Meeting of Shareholders held on August 11, 2020 (the
“Meeting”) including the election of Quinton Hennigh and Thomas Weis to the Board of Directors, the re-
appointment of McGovern Hurley LLP as auditors, the ratification of the Company’s Stock Option Plan
and the insider debt settlement.
President and CEO Mac Balkam said “we are very pleased to welcome Quinton and Tom to our Board of
Directors. Their depth of experience and knowledge will be a significant asset to the Company as we move
forward with our project in the Golden Triangle in British Columbia.”
Dr. Hennigh is an internationally known economic geologist, with over 25 years of exploration experience
and expertise with major gold mining companies such as Homestake Mining Company, Newcrest Mining
Limited, and Newmont Mining Corporation. He is currently Chairman of Novo Resources Corp. which is
actively exploring for gold in Western Australia. Dr. Hennigh is credited with the discovery of the
Springpole alkaline gold deposit near Red Lake, Ontario, for Gold Canyon Resources, and the Rattlesnake
Hills gold project in Wyoming for Evolving Gold. He holds a Bachelor of Science from the University of
Missouri, and an M.Sc. and a Ph.D. in geology and geochemistry from the Colorado School of Mines.
Thomas Weis is a minerals exploration geophysicist with over 35 years of exploration experience working
for both major and junior mining companies worldwide. These have included Exxon Minerals, Newmont
and Normandy Poseidon. He has a broad background in precious, base metals and industrial mineral
exploration including VMS, Porphyry Copper, Epithermal and Carlin style systems. He holds a Bachelor
of Science Degree in Geology and a Masters of Science Degree in Geophysics at Michigan Technological
University as well as advanced studies and research at the University of Utah and University of
Kansas. He is currently the President of Thomas V Weis and Associates Inc. a geophysical contracting and
consulting company.
The disinterested shareholders voting at the Meeting approved the settlement of an aggregate of $362,122
of debt (the “Debt”) owed to Balkam Partners Ltd. and Mac Balkam for stock with 98.6% voting in favour
of the settlement. The Company has settled the Debt in consideration for the issuance of 2,130,129
common shares of the Company at a price of $0.17 per share. The shares issued are legended and restricted
from trading until December 14, 2020.
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82 Richmond Street East
Toronto, ON M5C 1P1
T: 416 907 4020
W: eskaymining.com
The insider debt settlement is exempt from the valuation and minority shareholder approval requirements
of Multilateral Instrument 61-101 (“MI 61-101”) by virtue of the exemptions contain in section 5.5(a) and
5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company
issued to the insider does not exceed 25% of its market capitalization.
About Eskay Mining Corp:
Eskay Mining Corp (TSX-V:ESK) is a TSX Venture Exchange listed company, headquartered in Toronto,
Ontario. Eskay is an exploration company focused on the exploration and development of precious and
base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the
“Golden Triangle,” approximately 70km northwest of Stewart, BC. The Company currently holds mineral
tenures in this area comprised of 177 claims (130,000 acres).
All material information on the Company may be found on its website at www.eskaymining.com and on
SEDAR at www.sedar.com.
For further information, please contact:
Mac Balkam T: 416 907 4020
President & Chief Executive Officer E: [email protected]
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.
Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks
and uncertainties, which may cause actual results to differ materially from the statements made. When used
in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”,
“estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such
statements reflect our current views with respect to future events and are subject to risks and uncertainties.
Many factors could cause our actual results to differ materially from the statements made, including those
factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or
more of these risks and uncertainties, such as actual results of current exploration programs, the general
risks associated with the mining industry, the price of gold and other metals, currency and interest rate
fluctuations, increased competition and general economic and market factors, occur or should assumptions
underlying the forward looking statements prove incorrect, actual results may vary materially from those
described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any
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82 Richmond Street East
Toronto, ON M5C 1P1
T: 416 907 4020
W: eskaymining.com
obligation to update these forward-looking statements, except as required by law. Shareholders are
cautioned not to put undue reliance on such forward-looking statements.