FREEGOLD TSX:FVL OTCQX: FGOVF Results of the Annual General and Special Meeting
FREEGOLD TSX:FVL OTCQX: FGOVF
Results of the Annual General and Special Meeting
Vancouver, BC – June 27th, 2025 — Freegold Ventures Limited (TSX: FVL, OTCQX: FGOVF) (“Freegold” or the “Company”)
is pleased to announce that all matters set out in the Management Information Circular dated May 26, 2025 for the 2025
Annual General and Special Meeting of Shareholders held on June 2 7, 2025 (the “Meeting”) were approved by the
shareholders holding 98,154,137 shares were voted representing approximately ~ 18.56 % of the outstanding shares of
the Company.
The following nine nominees were elected as directors of Freegold. The detailed results of the vote for the election of
directors are set out below:
MOTIONS NUMBER OF SHARES PERCENTAGE OF VOTES CAST
FOR AGAINST WITHHELD/
ABSTAIN
FOR AGAINST WITHHELD/
ABSTAIN
To elect as Director :Kristina Walcott 96,353,303 1,800,834 98.165% 1.835%
To Elect as Director: Alvin Jackson 97,016,593 1,137,544 98.841% 1.159%
To Elect as Director: David Knight 85,790,018 12,364,119 87.403% 12.597%
To Elect as Director: Garnet Dawson 97,308,977 845,160 99.139% 0.861%
To Elect as Director: Ron Ewing 96,839,477 1,314,660 98.661% 1.339%
To Elect as Director: Glen Dickson 85,396,927 12,757,210 87.003% 12.997%
To Elect as Director: Reagan Glazier 79,513,338 18,640,799 81.009% 18.991%
To Elect as Director: Maurice Tagami 97,900,807 253,330 99.742% 0.258%
To Elect as Director: Vivienne Artz 93,614,569 4,539,568 95.375% 4.625%
The Company’s shareholders approved the appointment of Davidson & Company LLP, Chartered Professional
Accountants, as the Company's auditors, as set forth in the management information circular.
The Company’s shareholders approved the Company’s new omnibus equity incentive plan.
Each of the matters voted upon at the Meeting is discussed in detail in the Company’s Information Circular dated May
26th, 2025, which is filed under the Company’s profile at www.sedarplus.com.
Golden Summit Project Update:
Drilling at Golden Summit is progressing well. Drilling is focused on resource definition, which includes both expansion
and infill drilling, as well as geotechnical and metallurgical holes. Like the 2024 drill program, the current efforts aim to
upgrade inferred resources to indicated status in preparation for the upcoming pre-feasibility study, which is expected
to commence later this year. An updated mineral resource estimate is expected to be finalised soon, and the initial assay
results from the 2025 drill program are also anticipated shortly.
The Qualified Person for this release is Alvin Jackson, P.Geo., Vice President of Exploration and Development for Freegold,
who has approved the scientific and technical disclosure in this news release.
FREEGOLD TSX:FVL OTCQX: FGOVF
Results of the Annual General and Special Meeting
About Freegold Ventures Limited
Freegold is a TSX-listed company focused on exploration in Alaska. It holds the Golden Summit Gold Project near
Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.
For further information:
Kristina Walcott
President and CEO
Telephone: 1.604.662.7307
Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration
programs, potential mineralization and resources, exploration results, the completion of an updat ed NI 43 -101 technical report, and any other future plans.
These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the
actual results, performance, or achievement s to be materially different from any future results, performance, or achievements expressed or implied by the
statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on sch edule, and
the success of exploration programs. See Freegold’s Annual Information Form for the year ended December 31st, 202 4, filed under Freegold’s profile at
www.sedar.com, for a detailed discussion of the risk factors associated with Freegold’s operations. On January 30, 2020, the World Health Organization declared
the COVID-19 outbreak a global health emergency. Reactions t o the spread of COVID -19 continue to lead to, among other things, significant restrictions on
travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation
and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably
estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations
in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the
supply and demand for various products a nd services, global supply chains, and financial markets, as well as declining trade and market sentiment and
reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has
implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors,
and community. While the extent to which COVID -19 may impact Freegold is uncertain, it is possible that COVID -19 may have a material adverse effect on
Freegold’s business, results of operations, and financial condition .