Merida Announces Name Change and Results of Annual General and Special Meeting
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Merida Announces Name Change and Results of Annual
General and Special Meeting
Toronto, Ontario – November 30, 2022 – Merida Minerals Holdings Inc., (the "Corporation" or "Merida")
(TSXV: ESPN) announced that the Corporation has changed its name to “Hispania Resources Inc.” effective
November 17, 2022. The common shares of the Corporation will commence trading under the new name
on the TSX Venture Exchange under its current trading symbol “ESPN” at market open on December 14,
2022. There is no consolidation or change in the share capital. The Corporation is changing its name as it
plans to acquire additional mining property in various regions of Spain. Given these plans for expansion, the
Corporation felt that the current name “Merida”, being a reference to the specific region in Spain where the
Corporation’s current mining property is located, is no longer appropriate.
Common share certificates bearing the previous company name “Merida Minerals Holdings Inc.”, continue
to be valid in the settlement of trades and will only be replaced with certificates bearing the new name upon
transfer. The Corporation is not requesting, and shareholders are not required to, exchange their existing
share certificates for new certificates bearing the new company name.
Merida is also pleased to announce that all of management’s nominees listed in the Corporation’s
management information circular dated October 14, 2022 (the “Circular”) were elected as directors of the
Corporation at the annual general and special meeting of shareholders held on November 14, 2022 (the
“Meeting”).
The detailed results of the vote for the election of directors held at the Meeting are set out below. Miguel
Cabal voluntarily stepped down as a director and did not stand for re-election.
Name of
Nominee
Votes cast FOR % votes cast
FOR
Votes
WITHHELD
% votes
WITHHELD
Norman Brewster 24,660,980 99.556% 110,000 0.444%
Rahim Allani 24,675,980 99.616% 95,000 0.384%
Modesto Eduardo
Olarte Soto
24,675,980 99.616% 95,000 0.384%
At the Meeting, the Corporation’s shareholders also approved: (i) fixing the number of directors for the
ensuing year at three and empowering the board of directors of the Corporation to adjust such number
between shareholder meetings by way of resolution in accordance with the Corporation’s constating
documents; (ii) the reappointment of DMCL LLP as the Corporation’s auditors for the ensuing year and
authorized the board of directors to fix the auditors’ remuneration; (iii) the Equity Incentive Plan of the
Corporation, and (iv) the name change of the Corporation to “Hispania Resources Inc.”
About Merida Minerals Inc.
Merida Minerals Inc is a mineral exploration company focused on mining opportunities in Spain. Merida is
currently focused on developing the long-term mining potential of its core asset, the Zinc, Copper, Lead
enriched Puebla de la Reina (“PBR“) property in the low-risk and historic mining district of Extremadura in
Southwest Spain. The PBR property covers an area of 90 km 2. Merida, through its subsidiary, La Joya, has
entered into a purchase agreement with Auplata S.A. to acquire a 100% interest in the PBR property. The
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management of Merida contains industry veterans who have more than 80 years of mineral exploration and
production experience in multiple jurisdictions and have successfully managed multiple international mining
companies. This includes in Spain, where some of the team was responsible for the founding and building
of Iberian Minerals, with the continued support of the local and regional governments, including the well
developed and sophisticated transportation and mining infrastructure.
For more information on Merida Minerals Inc., visit: http://meridaminerals.com/.
Contact Information
For more information or interview requests, please contact:
Norman Brewster – Chief Executive Officer
(416) 970-3223
Kyle Appleby – Chief Financial Officer
(416) 417-9176
Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable securities laws.
Forward-looking information can be identified by words such as: “intend”, “believe”, “estimate”, “expect”,
“may”, “will” and similar references to future periods. Examples of forward-looking information include,
among others, the proposed trading date of the Corporation’s shares under its new name, the Corporation’s
plans to acquire additional mining property, as well as information relating to Merida. Although Merida
believes that, in light of the experience of its officers and directors, current conditions and expected future
developments and other factors that have been considered appropriate, the expectations reflected in this
forward-looking information are reasonable, undue reliance should not be placed on them because Merida
can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance
on forward-looking information. Actual results and developments may differ materially from those
contemplated by these statements depending on, among other things, the risks (i) that the future plans of
Merida may differ from those that currently are contemplated; and (ii) that the expected trading date of the
Common Shares may change. Additional risks include those disclosed in the Filing Statement, which are
incorporate herein by reference and are available through SEDAR at www.sedar.com. The forward-looking
statements contained in this news release are made as of the date hereof, and the Corporation undertakes
no obligation to update publicly or revise any forward-looking statements or information, except as required
by law.
This news release is not an offer of the securities for sale in the United States. The securities described in
this news release have not been registered under the U.S. Securities Act of 1933, as amended, and may
not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined
in Regulation S under the U.S. Securities Act of 1933, as amended) absent registration or an exemption
from registration. This news release shall not constitute an offer to sell or a solicitation of an offer to buy
nor shall there be any sale of the securities in any state in which where such offer, solicitation or sale
would be unlawful.
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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 news
release.