RUA GOLD Announces the Appointment of Tyron Breytenbach as an Independent Director and results from the 2024 AGM
RUA GOLD Announces the Appointment of
Tyron Breytenbach as an Independent Director
and results from the 2024 AGM
VANCOUVER, BC
,
April 17, 2024
/CNW/ - RUA GOLD Corporation (the "Company" or "RUA
GOLD") announces the appointment of
Tyron Breytenbach
as independent director effective today.
Mr. Breytenbach has been appointed to the Chair of the Audit Committee and member on the
Corporate Governance and Nominating Committee, Compensation Committee and Sustainability and
Governance Committee.
Oliver Lennox-King
, Chair of
RUA GOLD
, commented "I am pleased to welcome Tyron to the RUA
Board as an independent director. He brings significant capital markets experience as well as
geological knowledge of the deposits in
New Zealand
which will serve the Company well as we build
this Company and footprint in
New Zealand
."
About
Tyron Breytenbach
Mr. Breytenbach is currently the CEO of Lithium Africa Resources and a former equity analyst at
Cormark Securities and Stifel Canada and was SVP Capital Markets at Aris Mining. In each of these
roles he interacted extensively with the international investment community. Mr. Breytenbach was a
Senior Partner and Managing Director in the investment banking group at
Canada's
largest
employee-owned dealer – Cormark. Prior to entering capital markets, Mr. Breytenbach spent a
decade in the mining industry as a geologist where he focused on orogenic and epithermal gold
deposits and specialized in resource estimation. Mr. Breytenbach holds a BSc (Honours) Degree
from Rand Afrikaans University in
South Africa
and is a designated P.Geo in
Ontario
.
More information can be found at the Company's website:
www.ruagold.com
and the investor
presentation can be downloaded here:
Investor Presentation
AGM Voting Results
RUA GOLD
also announces the results of its annual general meeting held on
April 17, 2024
(the
"AGM"). Shareholders voted in favour of all of the items of business put forth at the AGM, as
detailed below. A total of 30,578,936 shares were represented at the AGM, representing 15.80% of
the total issued and outstanding shares in the capital of the Company.
Description of the Matter
Outcome
of Vote
Votes For
Votes
Withheld
1.
An ordinary resolution to elect each of the five Board nominees described in the Information Circular as directors of the Company for the
ensuing year or until their successors are duly elected or appointed subject to the provisions of the
Business Corporations Act
(British
Columbia):
Paul Criddle
Passed
30,578,936
(100%)
Nil
(0%)
Robert Eckford
Passed
30,507,236
(99.77%)
71,000
(0.23%)
Simon Henderson
Passed
30,578,936
(100%)
Nil
(0%)
Oliver Lennox-King
Passed
30,578,936
(100%)
Nil
(0%)
Mario Vetro
Passed
30,578,936
(100%)
Nil
(0%)
Tyron Breytenbach
Passed
30,578,936
(100%)
Nil
(0%)
2.
An ordinary resolution to appoint Charlton & Company, Chartered Professional Accountants, as the Company's auditor for the ensuing year.
Passed
30,578,936
(100%)
Nil
(0%)
3.
An ordinary resolution to ratify and approve the continuation of the Company's stock option plan dated for reference October 26, 2018.
Passed
30,578,936
(100%)
Nil
(0%)
4.
An ordinary resolution to adopt, ratify, and approve the continuation of the Company's deferred share unit plan dated for reference March
18, 2024.
Passed
30,578,936
(100%)
Nil
(0%)
About
RUA GOLD
RUA GOLD
(CSE: RUA) is a minerals company at the forefront of the mining industry, specializing in
gold exploration and discovery. With permits which have rich history dating back to the gold rush in
the late 1800's,
RUA GOLD
has successfully combined traditional prospecting practices with modern
technologies to uncover and capitalize on valuable gold deposits.
The Company is committed to responsible and sustainable exploration, which is evident in it's
professional planning and execution, ensuring minimal environmental impact and with the aim of
executing on these projects with the key stakeholders in mind.
RUA GOLD
has a highly skilled team
of
New Zealand
professionals who possess extensive knowledge and experience in geology,
geochemistry, and geophysical exploration technology.
Option Grant
On the appointment of
Tyron Breytenbach
, the Company granted Options to purchase up to an
aggregate of 1,500,000 Company Shares of the Company. Each Option is exercisable into one
Company Share at an exercise price of
$0.175
per Company Share for five years following the date
of grant. All Options were granted in accordance with the Stock Option Plan.
New Investor Relations agreements
Junior Mining Network LLC
On
April 8, 2024
, the Company entered into an advertising agreement with Junior Mining Network
LLC ("
Junior Mining
") for total cash consideration of CAD
$20,000
. The term of Junior Mining's
engagement is one (1) year. Pursuant to the terms of this engagement, Junior Mining will provide
news release dissemination and will feature the Company on its website (
www.juniorminingnetwork.com
). Junior Mining's business is located at 600 Inwood Avenue N. Suite
130,
St. Paul, Minnesota
55128 and can be reached at 763-200-1386 or
. Junior Mining and its principals are arm's length from the
Company and do not have any interest, direct or indirect, in the Company or its securities nor do
they have any right to acquire such an interest.
NAI Interactive Ltd.
On
April 4, 2024
, the Company also entered into a marketing agreement with NAI Interactive Ltd.
("
NAI
") for a total cash consideration of CAD
$8,400
plus applicable taxes, paid up front, for a six-
month period commencing on
April 29
th
, 2024. Pursuant to the terms of this agreement, NAI will
provide the Company with certain investor relations communications services, such as email
marketing and CEO interviews. NAI's business is located at 2209 – 1111 Alberni Street
Vancouver,
British Columbia
V6E 4V2 and can be reached at 604-488- 8878 or
. NAI and its
principals are arm's length from the Company and do not have any interest, direct or indirect, in the
Company or its securities nor do they have any right or intent to acquire such an interest
.
Gold Standard Media, LLC
On
April 15, 2024
, the Company entered into an advertising agreement with Gold Standard Media
LLC ("
Gold Standard
") for total cash consideration of CAD
$284,000
, which is payable on
April 19,
2024
. Gold Standard has agreed to provide the Company with its services to create landing pages
and provide digital marketing, email marketing and influencer marketing services. Gold Standard will
provide its services for a period of 90 days commencing on
April 22, 2024
. Gold Standard and its
principals are arm's length from the Company and hold 3,247,614 common shares in the Company.
Gold Standard's business is located at 723 W, University Ave., #110-283
Georgetown, TX
78626.
Gold Standard can be reached by telephone at (626) 733-3678 or by email at
.
Investing News Network
On
April 16, 2024
, the Company entered into an advertising campaign agreement with Dig Media
Inc. dba Investing News Network ("
INN
") for total cash consideration of CAD
$57,000
plus GST. INN
is a private company headquartered in
Vancouver, British Columbia
, Canada, dedicated to providing
advertising services since 2007 at
www.investingnews.com
. The term of INN's engagement is 12
months and shall commence no later than
May 16, 2024
. INN will provide advertising on its website
to increase awareness of the Company. INN and its principals are arm's length from the Company
and do not have any interest, direct or indirect, in the Company or its securities nor do they have any
right to acquire such an interest. INN's business is located at 736 Granville Street -Suite 1200
Vancouver, BC
Canada
and can be reached at 604-688-8231 or
.
For further information, please refer to the Company's disclosure record on SEDAR+ at
www.sedarplus.ca
.
On behalf of the Board of Directors,
/s/ "Robert Eckford"
Robert Eckford
, Chief Executive Officer and Director
SOURCE
Rua Gold Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/April2024/17/c7107.html
%SEDAR: 00046287E
For further information:
Tel: +1 604 655 7354, Email: [email protected], Website:
www.RUAGOLD.com
CO: Rua Gold Inc.
CNW 18:25e 17-APR-24