Sama Resources Announces Results of AGM
TSX Venture Symbol: SME
SAMA RESOURCES INC./
RESSOURCES SAMA INC.
Suite 132, 1320 Graham
Ville Mont-Royal, Québec
Canada, H3P 3C8
2025-02
Sama Resources Announces Results of AGM
PRESS RELEASE FOR IMMEDIATE RELEASE
Vancouver, B.C., June 9, 2025 – Sama Resources Inc. (TSXV: SME) (OTC PINK SHEETS: SAMMF
(“Sama” or the “Company”) today announces that all nominees listed in the management proxy circular were
elected as directors of the Company at its annual general meeting of shareholders (“AGM”) held on Friday, June
6, 2025.
A total of 72,717,248 common shares or 33.04% of the Company’s issued and outstanding ordinary shares as of
the record date were represented in person or by proxy at the AGM.
1. Election of Directors
The six nominees listed in the Management Proxy Circular dated April 30, 2025, were elected as directors of
the Company for the ensuing year, receiving the following votes:
Nominee Votes
For
% of Votes
For
Votes
Against
% of Votes
Against
Marc-Antoine Audet 70,384,313 97.20 2,026,935 2.80
Benoit La Salle 69,496,198 95.97 2,915,050 4.03
Richard Quesnel 72,255,198 99.78 156,050 0.22
Ousmane Paye 70,790,084 97.76 1,621,164 2.24
Quentin Markin 72,411,198 100 50 0
Terry Krepiakevich 72,411,198 100 50 0
2. Appointment of Auditors
In addition, Pricewaterhouse Coopers LLP, chartered accountants, in accordance with applicable Canadian legal
requirements, were approved as External Auditors of the Company for the ensuing year and authorized the Directors
to fix their respective remuneration for the next year.
Votes For % of Votes
For
Votes
Withheld
% of Votes
Withheld
72,717,248 100 0 0
3. Stock Option Plan
At the meeting, the shareholders also passed an ordinary resolution, approving the Corporation’s Stock Option Plan
and to reserve the grant of options up to a maximum of 10% of the total number of issued and outstanding shares
at the date of the stock option grant.
Votes For % of Votes
For
Votes
Against
% of Votes
Against
70,696,084 97.63 1,715,164 2.37
The Corporation also announces that Mr. Marcel Aubut did not stand for re-election as a member of the Board of
Directors of the Corporation at the Annual General Meeting held on June 6, 2025.
“I would like to thank Marcel for his contributions to Sama and the Board. On behalf of the Board, I would also
like to wish him all the best with his future endeavors.” stated Benoit La Salle, Executive Chairman of the Board.
About Sama Resources Inc.
Sama is a Canadian-based, growth-oriented resource company focused on exploring the Samapleu nickel -copper
project in Côte d’Ivoire, West Africa. The Company is managed by experienced industry professionals with a
strong track record of discovery. Sama is committed to advancing the Samapleu -Grata Nickel-Copper Project.
Sama’s projects are located approximately 600 km northwest of Abidjan in Côte d’Ivoire and are flanked to the
west by the Ivorian and Guinean borders. Sama’s projects are located adjacent to the large world -class nickel-
cobalt laterite deposits of Sipilou and Foungouesso, forming a 125 km-long new Base Metal Camp in West Africa.
Sama owns 40% interest in the Samapleu nickel -copper project in Côte d’Ivoire with its joint venture partner
Ivanhoe Electric owning 60%.
The Company is pleased to announce that effective July 1, 2025, the Company will be transitioning from the basic
OTC Pink Sheets to the enhanced OTC ID designation within the OTC Markets platform. This move marks a
significant advancement in transparency, compliance, and market presence as Sama Resources continues to elevate
its profile with investors and regulators.
For more information, please visit www.samaresources.com.
About Ivanhoe Electric Inc.
Ivanhoe Electric is a United States domiciled minerals exploration company with a focus on developing mines
from mineral deposits principally located in the United States. Ivanhoe Electric seeks to support American supply
chain independence by finding and delivering the critical metals necessary for electrification of the economy, with
a focus on copper. Ivanhoe Electric uses its accurate and powerful Typhoon ™ geophysical surveying system,
together with advanced data analytics provided by its 94.3% owned su bsidiary, Computational Geosciences Inc.
(“CGI”), to accelerate and de-risk the mineral exploration process as we seek to discover new deposits of critical
metals that may otherwise be undetectable by traditional exploration technologies. Through the advancement of its
portfolio of electric metals exploration projects, headlined by the Santa Cruz Project in Arizona as well as other
exploration projects in the United States, Ivanhoe Electric intends to support the United States' supply chain
independence by finding and delivering critical metals necessary for the electrification of the economy. Ivanhoe
Electric also operates a 50/50 joint venture with Saudi Arabian Mining Company Ma’aden ("Ma'aden") to explore
for minerals on ~48,500 km2 of underexplored Arabian Shield in Saudi Arabia.
Website: www.ivanhoeelectric.com.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Dr. Marc-Antoine Audet, P. Geo, President and CEO
Tel: (514) 726-4158
Mr. Matt Johnston, Vice President Corporate Development
Tel: (604) 443-3835 or (877) 792-6688, Ext. 5
Forward-Looking Statements
Certain of the statements made and information contained in this news release are "forward-looking statements" or
“forward-looking information” within the meaning of Canadian securities legislation. Forward-looking statements
and forward-looking information, such as “will”, could”, “expect”, “estimate”, “evidence”, “potential”, “appears”,
“seems”, “suggest”, are subject to a variety of risks and uncertainties which could cause actual events or results to
differ from those reflected in the forward -looking st atements or forward -looking information. These include,
without limitation, the ability of the company to convert Mineral Resources to higher categories of confidence or
to mineral reserves, the completion of exploration programs and studies, its ability to produce a pre-feasibility study
or a feasibility study regarding the project, its ability to execute on its development plans in terms of metallurgy or
exploration, the availability of financing for activities, risks and uncertainties relating to the int erpretation of drill
results and the estimation of Mineral Resources and Reserves, the geology, grade and continuity of mineral deposits,
the possibility that future exploration, development or mining results will not be consistent with the Company's
expectations or justify future activities, metal price fluctuations, environmental and regulatory requirements,
availability of permits, escalating costs of remediation and mitigation, risk of title loss or failure to obtain new titles
upon expiry, the effects of accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with
or interruptions in exploration, the potential for delays in exploration activities, the inherent uncertainty of cost
estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations,
expectations and beliefs of management and other risks and uncertainties. Although the forward-looking statements
contained in this news release are based upon what management of the Company believes are reasonable
assumptions, the company cannot assure investors that actual results will be consistent with these forward-looking
statements. These forward -looking statements are made as of the date of this news release and are expressly
qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not
assume any obligation to update or revise the forward -looking statements contained herein to reflect events or
circumstances occurring after the date of this news release.