Richmond Minerals Elects Alternate Slate of Directors
Richmond Minerals Elects Alternate Slate of
Directors
Toronto, Ontario--(Newsfile Corp. - September 26, 2023) - Richmond Minerals Inc. (TSXV: RMD)
("
Richmond Minerals
" or the "
Company
") announces that the slate of director nominees described in
the management information circular of the Company dated August 11, 2023 (the "
Circular
"), did not
obtain requisite shareholder support at its recent annual and special meeting of shareholders held on
September 25, 2023 ("
Meeting
"), and an alternative slate of directors was elected.
The directors elected include current president, Chief Executive Officer and Director, Franz Kozich-
Koschitzky, together with the new directors, Messrs. David Ellis, Peter Lukesch, Thomas
Unterweissacher, and Philip Chong.
Biographies of the new directors are set out below:
David Ellis, a shareholder and newly appointed director of the Company stated "
we hope this action will
help us unlock undiscovered value for Richmond Minerals.
The new directors are comprised of
several experienced individuals who have successfully led a number of other publicly-traded
companies. While no two companies are identical, we are excited for this next chapter of Richmond
Minerals. We thank the outgoing directors for their service and wish them luck in their future
endeavours
."
David Ellis
, Toronto, Ontario
David Ellis has worked in junior mining for over 30 years providing investor relations for Triorigin,
Conquest Resources, Canadian Zinc, Southwestern Resources,
Kombat Copper, Harte Gold, Cogitore,
and Wallbridge Mining. He worked with Harge Gold for eight years and was involved in the financing,
development and construction of the Sugar Zone mine in White River Ontario. Most recently he walked
as a consultant to Aurora Statagies Group advising on the takeover of Noront by Whloo Metals.
Peter Lukesch,
Pissouri, Cyprus
Peter Lukesch has been an investor and advisor for more than forty years in various industries,
predominately the raw materials as well as online education and other sustainable industries serving on
the boards of privately and publicly owned companies in Canada, the United States and Europe. Most
recently he has managed his family`s holding company Mr. Lukesch holds a doctorate in business and
economic sciences from the Economic University in Vienna, Austria.
Thomas Unterweissacher, Austria
Thomas Unterweissacher is the founder and CEO of GEO Unterweissacher GmbH, a European
consultant geology firm.
He has provided geological and mineral exploration services to a number of
private and listed entities for 10 years+.
Thomas is an exploration professional with significant
experience in lithium, base and precious metals. During his career he intensively worked on vein type
gold, magnesite and copper mineralization systems especially within the Eastern Alps. Thomas
Unterweissacher is one the leading experts for historical mining in Austria. He holds a doctorate in
Applied Geosciences from Montanuniversität Leoben and is entitled as European Geologist (EurGeol).
Philip Chong,
Toronto, Ontario.
Philip Chong is a business entrepreneur with more than 33 years of international business experience in
various industries, including financial investment, property development, manufacturing, clean energy,
internet, life science and food industry. He spent the first 10 years of his career in the banking industry in
both Hong Kong and Toronto with responsibilities in project finance, corporate finance, trade finance,
M&A and investment banking. He has served on several public and private company boards.
The vote tallies for the directors elected are set forth below:
Name
Votes for
% For
Franz Kozich-Koschitzky
34,826,530
99.5%
David Ellis
23,822,351
67.6%
Peter Lukesch
23,822,351
67.6%
Thomas Unterweissacher
23,822,351
67.6%
Philip Chong
23,822,351
67.6%
Other Meeting Business Approved
Richmond Minerals also announces that except as described above, all other business described in the
Circular, was approved by the shareholders present, including the consolidation of the existing common
shares of the Company on a one (1) for five (5) basis, with 95.8% of the votes at the Meeting in favour.
Appointment of New Officers
The Company also announces that following the initial meeting of the new board of directors, David Ellis
has been appointed as President, and Philp Chong has been appointed as Chief Financial Officer of the
Company.
About Richmond Minerals
Richmond Minerals Inc. is a mineral exploration company listed on the Toronto Venture Stock Exchange
(TSXV: RMD) which has been actively engaged since the early 1980's in exploration projects located in
Ontario and Austria.
For information, please contact:
David Ellis, Director
(416) 603-2114
CAUTIONARY STATEMENT: This news release may contain forward-looking information which is not
comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors
that could cause actual events, results, performance, prospects and opportunities to differ materially from
those expressed or implied by such forward-looking information. Forward looking information in this
news release includes, but is not limited to, Richmond's objectives, goals or future plans. Factors that
could cause actual results to differ materially from such forward-looking information include, but are not
limited to, changes in general economic conditions and conditions in the financial markets; the ability of
Richmond to raise funds; changes in demand and prices for minerals; litigation, legislative,
environmental and other judicial, regulatory, political and competitive developments, and those risks set
out in Richmond's public documents filed on SEDAR. Although Richmond believes that the assumptions
and factors used in preparing the forward-looking information in this news release are reasonable,
undue reliance should not be placed on such information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur in the disclosed time frames or at all.
Richmond disclaims any intention or obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise, other than as required by law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of
the TSXV) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/181941