Pacific Ridge Announces Results of AGM
Pacific Ridge Announces Results of AGM
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2020) -
Pacific Ridge Exploration Ltd.
(TSXV: PEX) ("Pacific Ridge" or the "Company") reports that the following directors were re-elected
at its Annual General Meeting held June 25, 2020: Gerald Carlson, Blaine Monaghan and Bruce
Youngman.
In addition, the shareholders re-appointed PricewaterhouseCoopers LLP, Chartered
Accountants, as auditor of the Company and approved the Company's rolling incentive stock option
plan pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the
plan.
The plan is subject to TSX Venture Exchange acceptance.
The following officers were re-appointed after the Annual General Meeting: Gerald Carlson as
President & CEO, Danette Schwab as Vice President Exploration, Salvador Miranda as Chief
Financial Officer, and Arie Page as Corporate Secretary. All resolutions were passed with a strong
majority of greater than 98%.
About Pacific Ridge
Pacific Ridge is a well-financed junior exploration company that has assembled a portfolio of highly
prospective gold and base metal projects located in the Yukon and British Columbia, where its board
and management team have a track record of success. Its holdings include the new Kliyul and Redton
copper-gold porphyry projects in north-central British Columbia, the Mariposa, Eureka Dome and Gold
Cap gold exploration projects in the Klondike-White Gold District, Fyre Lake Cu-Au-Co massive
sulphide deposit in the Finlayson District and the Spius Cu-Mo porphyry prospect in southern British
Columbia.
On behalf of the Board of Directors,
"Gerald G. Carlson"
Gerald G. Carlson
President & CEO
Pacific Ridge Exploration Ltd.
For further information, contact:
Pacific Ridge Exploration Ltd.
Gerald G. Carlson
President & CEO
Tel: (604) 687-4951
www.pacificridgeexploration.com
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.
The technical information contained within this News Release has been reviewed and approved by
Gerald G. Carlson, Ph.D., P.Eng., President and CEO of Pacific Ridge and Qualified Person as
defined by National Instrument 43-101 policy.
Forward-Looking Information:
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than statements of historical facts,
that address exploration drilling and other activities and events or developments that Pacific Ridge
Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking statements. Forward-looking
statements in this news release include statements regarding the exercise of the options and future
exploration plans and expenditures. Although Pacific Ridge believes the expectations expressed in
such forward-looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results or developments may differ materially from
those forward-looking statements. Factors that could cause actual results to differ materially from
those in forward looking statements include market prices, exploration successes, and continued
availability of capital and financing and general economic, market or business conditions. These
statements are based on a number of assumptions including, among other things, assumptions
regarding general business and economic conditions, that one of the options will be exercised, the
ability of Pacific Ridge and other parties to satisfy stock exchange and other regulatory
requirements in a timely manner, the availability of financing for Pacific Ridge's proposed programs
on reasonable terms, and the ability of third party service providers to deliver services in a timely
manner. Investors are cautioned that any such statements are not guarantees of future performance
and actual results or developments may differ materially from those projected in the forward-looking
statements. Pacific Ridge does not assume any obligation to update or revise its forward-looking
statements, whether as a result of new information, future events or otherwise, except as required by
applicable law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/58592