Radisson announces results of its Annual General Meeting of Shareholders
www.radissonmining.com
For immediate release TSX-V: RDS, OTC: RMRDF, FRANKFURT: 2RX
Rouyn-Noranda, Qc
June 17, 2022
Radisson announces results of its Annual General Meeting of
Shareholders
Rouyn-Noranda, Qc Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF):
(“Radisson” or the “Company ) is pleased to announce the results of its Annual General
Meeting of Shareholders ("AGM") held in Rouyn-Noranda, Qc on June 16, 2022.
Shareholders voted in favour of all items of business, including the election of each director
nominee. A total of 68,399,366 votes were represented in the meeting amounting to
24.82% of the issued common class A share shares as of the record date. All votes were
submitted by proxy with the following tabulation of these votes:
Directors
Tabulation of Votes in
Favour submitted by
Proxy
Tabulation of Votes
Withheld submitted by
Proxy
Denis Lachance 67,108,082 (99.07%) 627,647 (0.01%)
Denis Bois 67,732,582 (100.00%) 3,147 (0.02%)
Pierre Beaudoin 67,679,332 (99.92%) 56,397 (0.01%)
Siri Genik 67,733,082 (100.00%) 2,647 (0.01%)
Michael Gentile 67,733,153 (100.00%) 2,575 (0.01%)
Rahul Paul 66,422,332 (98.06%) 1,313,397 (0.01%)
Jeff Swinoga 67,733,082 (100.00%) 2,647 (0.01%)
In addition, shareholders voted 99.95% in favour to re -appoint Raymond Chabot
Grant Thornton as Independant auditor of Radisson.
Stock options plan
Radisson also announces that its Board of directors has approved a modification to the
stock option plan of the Company from 18,000,000 issuable stock options up to
25,000,000 stock options, which represents less than 10% of the 275,956,266 outstanding
shares. This modification is subject to regulatory approval, including the TSX Venture.On
June 16th, 2022, the Board of Directors awarded a total of 3,888,500 stock options to
directors, officers, employees and one consultant of the Company. Pursuant to terms of
the stock options plan each option grants the holder thereof the right to purchase one
common class A share at a price of $ 0.13 until June 16, 2027. Following the grant of stock
options and pursuant to terms of the stock optio ns plan, there are currently 16,619,426
stock options outstanding.
Radisson mining resources Inc.
Radisson is a gold exploration company focused on its 100% owned O’Brien project,
located in the Bousquet -Cadillac mining camp along the world -renowned Larder-Lake-
Cadillac Break in Abitibi, Quebec. The Bousquet-Cadillac mining camp has produced over
21,000,000 ounces of gold over the last 100 years. The project hosts the former O’Brien
Mine, considered to have been the Quebec’s highest-grade gold producer during its
production (1,197,147 metric tons at 15.25 g/t Au for 587,121 ounces of gold from 1926
to 1957; Kenneth Williamson 3DGeo-Solution, July 2019).
For more information on Radisson, visit our website at www.radissonmining.com or
contact:
On behalf of the board of directors
Rahul Paul
President and CEO
For more information on Radisson, visit our website at www.radissonmining.com or
contact:
Hubert Parent-Bouchard
Chief Financial Officer
819-763-9969
Forward-Looking Statements
All statements, other than statements of historical fact, contained in this press release
including, but not limited to, those relating to the intended use of proceeds of the Offering,
the development of the O’Brien project and generally, the above “About Radisson Mining
Resources Inc.” paragraph which essentially describes the Corporation’s outlook,
constitute “forward -looking information” or “forward -looking statements” within the
meaning of applicable securities laws, and are based on expectations, estim ates and
projections as of the time of this press release. Forward -looking statements are
necessarily based upon a number of estimates and assumptions that, while considered
reasonable by the Corporation as of the time of such statements, are inherently subject to
significant business, economic and competitive uncertainties and contingencies. These
estimates and assumptions may prove to be incorrect. Many of these uncertainties and
contingencies can directly or indirectly affect, and could cause, actual res ults to differ
materially from those expressed or implied in any forward -looking statements and future
events, could differ materially from those anticipated in such statements. A description of
assumptions used to develop such forward -looking information and a description of risk
factors that may cause actual results to differ materially from forward looking information
can be found in Radisson’s disclosure documents on the SEDAR website at
www.sedar.com.
By their very nature, forward-looking statements involve inherent risks and uncertainties,
both general and specific, and risks exist that estimates, forecasts, projections and other
forward-looking statements will not be achieved or that assumptions do not reflect fut ure
experience. Forward -looking statements are provided for the purpose of providing
information about management’s endeavours to develop the O’Brien project and, more
generally, its expectations and plans relating to the future. Readers are cautioned not to
place undue reliance on these forward-looking statements as a number of important risk
factors and future events could cause the actual outcomes to differ materially from the
beliefs, plans, objectives, expectations, anticipations, estimates, assumption s and
intentions expressed in such forward -looking statements. All of the forward -looking
statements made in this press release are qualified by these cautionary statements and
those made in our other filings with the securities regulators of Canada. The C orporation
disclaims any intention or obligation to update or revise any forward -looking statements
or to explain any material difference between subsequent actual events and such forward-
looking statements, except to the extent required by applicable law.