Canstar Announces AGSM Results, Adds Fortune 500 Executive to Board of Directors
220 Ba y Street
Suite 550
T oronto, ON M5J 2W4
TS X-V: ROX
O TC P K: CSRNF
www.canstarresources.com
Canstar Announces AGSM Results,
Adds Fortune 500 Executive to Board of Directors
Toronto, Ontario – [Newsfile Corp. - April 24, 2025] – CANSTAR RESOURCES INC. (TSXV:
ROX) (OTCPK: CSRNF) today announces that all the resolutions considered at the Company's
Annual General and Special Meeting held on April 15, 2025 (the "Meeting") were approved by
the Company's shareholders.
At the Meeting, the Company's shareholders approved the following resolutions:
• fixing the number of directors comprising the Company's board of directors (the “Board”)
for the ensuing year at five (5);
• electing James Clare; Jacqueline Allison; Neil Burns; J. Paul Austin III; and Nyla Beth
Gawel as directors of the Company, to hold office until the close of the next annual general
meeting of shareholders or until their successors are elected or appointed;
• re-appointing MNP LLP, Chartered Professional Accountants as the auditor of the
Company for the ensuring year and authorizing the Board to fix the remuneration of the
auditor;
• approving certain amendments to the Company's fixed stock option plan to increase the
maximum number of common shares reserved for issuance as options from 11,025,366
to 14,884,138; and
• approving a special resolution to repeal any existing by -laws of the Company and
confirming new By-law No. 1.
The resolutions voted on at the Meeting are described in more detail in the Company's
management information circular, dated March 3, 2025, available on the Company's SEDAR+
profile at www.sedarplus.ca.
Nyla Beth Gawel Brings Fortune 500 Expertise
Canstar is pleased to welcome Nyla Beth Gawel as a newly elected director to the Board. Ms.
Gawel brings over 20 years of experience in strategic planning and execution across both the
corporate and U.S. public sectors. She is the founder of NBG Strategy C onsulting LLC, where
she advises startups and Fortune -ranked companies on strategic management, market
expansion, and operational effectiveness.
Ms. Gawel has held senior leadership positions at several Fortune 500 companies, including Booz
Allen Hamilton (NYSE: BAH) as Vice President, SAIC (NYSE: SAIC) as Senior Vice President of
Corporate Strategy, and Verizon (NYSE: VZ) as Director of Public Sector Strategy. Her expertise
spans corporate strategy, M&A, investor relations, and growth i n highly regulated industries,
including telecommunications, aerospace, and defense.
She also serves on several nonprofit boards, including the Children’s National Hospital Founders
Auxiliary Board, the Red Cross of Northern Virginia (Vice President), and National Presbyterian
Church (Elder). Ms. Gawel holds a B.S. in Foreign Service from Georgetown University and
executive certificates from Yale and Duke. She lives in Bethesda, Maryland, with her family and
their rescue dogs.
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Robert Bruggeman Transitions to Advisory Board
As part of a planned transition, Mr. Robert Bruggeman did not stand for re- election to the
Company’s Board. We are pleased to announce that Mr. Bruggeman has joined the Company’s
Advisory Board , where his industry knowledge, insights and expertise will continue to inform
strategy and execution. Canstar sincerely thanks Robert for his dedicated service and many
contributions to the Company over the years, both as a former CEO and as a director. We deeply
appreciate his commitment and leadership during his tenure and look forward to his continued
involvement in an advisory capacity.
About Canstar Resources Inc.
Canstar Resources Inc. (TSXV: ROX) is an exploration company focused on critical minerals and
gold. The Company’s 100% -owned Golden Baie Project (501 km2) hosts high- grade gold and
antimony showings along a major mineralized structure that also hosts a lar ge number of gold
deposits. The Buchans and Mary March projects (120.5 km2) are located within the world-class,
past-producing VMS zinc-, copper-, and silver-rich Buchans Mining Camp and boast high-grade
zinc and copper discoveries.
For further information, please contact:
Juan Carlos Giron, Jr.
President & Chief Executive Officer
Email: [email protected]
Phone: (647) 557-3442
Website: www.canstarresources.com
Neither 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.
This news release includes certain “forward -looking statements” that are not comprised of
historical facts. Forward-looking statements include estimates and statements that describe the
Company’s plans, objectives or goals, including words to the effect that the Company or
management expects a stated condition or result to occur. Forward -looking statements may be
identified by such terms as “believes,” “anticipates,” “expects,” “estimates,” “may,” “could,” “would,”
“will,” or “plan.” Since forward-looking statements are based on assumptions and address future
events and conditions, they involve inherent risks and uncertainties. Although these statements
are based on information currently available to the Company, the Company does not assure that
actual resul ts will meet management’s expectations. Risks, uncertainties and other factors
involved with forward- looking information 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, the Company’s objectives, goals or plans, statements, exploration results, potential
mineralization, the estimation of mineral resources, exploration and mine development plans, the
timing of the commencement of operations and estimates of market conditions. Factors that could
cause actual results to differ materially from such forward-looking information include, but are not
limited to failure to identify mineral resources, failure to convert estimated mineral resources to
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reserves, the inability to complete a feasibility study which recommends a production decision,
the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required
governmental, environmental or other project approvals, political risks, inability to fulfill the duty
to accommodate First Nations and other indigenous peoples, uncertainties relating to the
availability and costs of financing needed in the future, changes in equity markets, inflation,
changes in exchange rat es, fluctuations in commodity prices, delays in the development of
projects, capital and operating costs varying significantly from estimates and the other risks
involved in the mineral exploration and development industry, including but not limited to the price
of commodities, capital market conditions, restriction on labour and international travel and supply
chains, and those risks set out in the Company’s public documents filed on SEDAR +. Although
the Company believes that the assumptions and factors us ed 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. No assurance can be given
that such events will occur in t he disclosed time frames or at all. The Company 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.