Astorius Annual General and Special Meeting Results and Cancels Options
TSX Venture Exchange: ASQ.V
Frankfurt: 47 A.F
FOR IMMEDIATE RELEASE
ASTORIUS ANNUAL GENERAL AND SPECIAL MEETING RESULTS
AND CANCELS OPTIONS
Vancouver, B ritish Columbia – July 3, 201 9 – Astorius Resources Ltd. (TSX -Venture: ASQ and
Frankfurt: 47A.F) (“Astorius” or the “Company”) held its Annual General and Special Meeting
(“AGSM”) at 11:30 am Pacific Standard Time on Tuesday, July 2, 2019. At the Company’s AGSM, 12
shareholders representing 17.98 % of the Company’s outstanding shares, re -appointed Sandy
MacDougall, Arthur Brown, Cyrus Driver, Carlos Arias E., and Peter Born to the Board of Directors.
Shareholders re -approved the 10 -per-cent rolling stock option plan, re -appointed Dale Matheson
Carr-Hilton Labonte LLP as auditor of the Company for the ensuing year, and authorized the
directors to fix the remuneration to be paid to the auditor. In addition, shareholders also approved a
resolution approving a proposed name change at t he discretion of the Board of Directors. At
present, the Board has not decided on a new name.
Mr. Sandy MacDougall has 25 years of experience in the investment banking and financial industry.
He was a former investment advisor at Canaccord Capital Corp . and was involved in numerous
corporate financings in Canada and abroad for a wide range of companies . His experience includes
extensive exposure to precious and base metal projects throughout North and South America in
addition to expertise in corporate developmen t and str ategy for publi cly traded companies . Mr.
MacDougall is a graduate of the University of British Columbia, in Economics.
Mr. Arthur Brown brings 36 years of business experience to the Board of Directors. He has served on
the boards of numerous other companies in sectors ranging from technology to oil & gas and mineral
exploration. Mr. Brown has specialized in finance and development for the various companies he has
been involved with.
Dr. Carlos Arias E. is a lawyer based in Quito, Ecuador specializing in mining law and is a former
Director of the Ecuadorian Chamber of Mines 2003-2005, 2001-2003 and 1996-1998. He holds a
Doctorate in law with a master’s degree in international business legal studies from the University of
Exeter in England, and a diploma in transactional contracts from the International Development Law.
Dr. Peter Born is a P. Geo. with the Association of Professional Geosci entists of Ontario and a Fellow
of the Geological Association of Canada. He brings more than 30 years of experience in exploring and
evaluating mineral properties for senior and junior Canadian resource companies. He also spent a ten-
year period of post gr aduate research in basin studies for the Ontario Geological Survey, and then
completed his Ph.D. in Earth Sciences (Carleton University, Ottawa, Canada, 1996) with expertise in
Precambrian Sedimentary Geology, Sedimentary Ore deposits, Basin Analysis, Sedi mentology, and
Stratigraphy.
Mr. Cyrus Driver is a Chartered Accountant and was a founding partner of the firm Driver Anderson in 1984,
now known as Davidson and Company LLP. Whi le providing general public accounting services to a wide
range of clients, he specializes in servicing TSX Venture Exchange listed companies and members of the
brokerage community. His wide knowledge of the securities industry and its rules have enabled him to give
valuable advice to clients within the in dustry with respect to finance, taxation and other accounting related
matters. Mr. Driver has also been a board member of numerous publicly listed companies.
As at May 28, 2019, the Company has also cancelled 1,650,000 incentive stock options, issued on October
27, 2017.
About Astorius
Astorius Resources Ltd. ( www.astoriusresources.com) is currently engaged in the business of mineral
exploration for the purpose of acquiring and advancing mineral properties located in North and South
America.
For further information please contact:
Arthur Brown, President & Director
(604) 685-7720
www.astoriusresources.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward-Looking Statements
This news release contains "forward -looking statements," Statements in this press release which ar e not purely historical are forward -
looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, incl uding but
not limited to, statements regarding the drilling on the Rainbow Canyon Property.
Actual results could differ from those projected in any forward -looking statements due to numerous factors. Such factors include,
among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining finan cing on
acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward -
looking statements are made as of the date of this news release, and we assume no obligation to update the forward -looking
statements, or to update the reasons why actual results could differ from those projected in the forward -looking statements. Although
we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no
assurance that such beliefs, plans, expectations or intentions will prove to be accurate.