International Prospect Ventures Announces Shareholder Meeting Results and Option Grants
International Prospect Ventures Announces
Shareholder Meeting Results and Option
Grants
Val-d'Or, Québec--(Newsfile Corp. - October 18, 2024) - International Prospect Ventures Ltd. (TSXV:
IZZ) (the "Company") announces the results of its annual general and special meeting of shareholders
(the "Meeting") held in Val-d'Or, Québec, and by telephone conference, on October 18, 2024.
At the Meeting shareholders set the number of directors to be elected at five, re-elected four incumbent
directors, being Dr. Scott Jobin-Bevans, Glenn J. Mullan, Dr. Robert I. Valliant and Dr. C. Jens Zinke,
and elected Don Smith as a new director to the Board.
Don Smith is a geologist and entrepreneur with
over 20 years of experience in the mining industry.
Among other business endeavours, Mr. Smith is the
Managing Director and Chief Executive Officer of Tempest Minerals Ltd., an Australian-based mineral
exploration company with a diversified portfolio of projects in Western Australia.
Shareholders appointed McGovern Hurley LLP as the Company's auditor for the ensuing year and re-
approved the previously adopted 10% rolling stock option incentive plan.
In addition, the shareholders approved, by a special resolution, the alteration of the Company's articles
to include mandatory procedures for nominations of persons for election as directors, including advance
notice and disclosure requirements for nominations by shareholders.
Following the Meeting, the Board reconstituted its Audit Committee and its Compensation and
Corporate Governance Committee.
The Board also appointed officers for the ensuing year as follows:
Executive Chairman, President & Chief Executive Officer:
Glenn J. Mullan
Chief Financial Officer & Corporate Secretary:
Rico De Vega
Vice President, Exploration:
Dr. Scott Jobin-Bevans
The Company's Board has granted incentive stock options to its directors, officers and consultants
entitling the purchase of an aggregate 3,320,000 common shares at a per share price of $0.045 for a
period of 5 years.
For additional information, please contact:
Glenn J. Mullan
2772 chemin Sullivan
Val-d'Or, Québec J9P 0B9
Tel.: 819-824-2808, x 204
Email:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
news release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/227102