Thesis Gold Announces Results of Annual General and Special Meeting of Shareholders
Thesis Gold Inc.
1111 West Hastings Street, Suite 780
Vancouver, BC
Canada, V6E 2J3
Thesis Gold Announces Results of Annual General and Special
Meeting of Shareholders
Vancouver, British Columbia – (December 12, 2024) – Thesis Gold Inc. (“Thesis” or the “Company”)
(TSXV: TAU | WKN: A3EP87 | OTCQX: THSGF) is pleased to announce that all matters submitted to
shareholders of the Company (the “Shareholders”) for approval at the annual general and special meeting
of Shareholders (the “Meeting”) held on December 4, 2024 were approved. At the Meeting, all director
nominees, Ewan Webster, William Lytle, Nicholas Stajduhar, Jody Shimkus, Thomas Mumford, and Lisa
Peterson, were re-elected as directors of the Company. Shareholders also voted in favour of re -appointing
Manning Elliott LLP as auditors of the Company for the ensuing year and authorised the board of directors
of the Company to fix their remuneration.
At the Meeting, Shareholders also approved the Company’s Omnibus Long -Term Incentive Plan (the
“Omnibus Plan ”) to replace the Company’s existing stock option pla n. The Omnibus Plan received
approval by the board of the Company on October 17, 2024 and conditional approval by the TSX Venture
Exchange (the “TSXV”) on November 1, 2024.
The Omnibus Plan allows for a variety of equity -based awards that provide different types of incentives,
including stock options, restricted share units, deferred share units and performance share units, to be
granted to the Company’s directors, officers, employees, and consultants. The maximum number of
common shares of the Company (“ Shares”) reserved for issuance, in the aggregate, under the Omnibus
Plan will be 10% of the aggregate number of Shares issued and outstanding at any time and from time to
time subject to the terms of the Omnibus Plan. A copy of and further details about the Omnibus Plan are
included in the Company’s management information circular dated November 4, 2024 which is available
on SEDAR+ at www.sedarplus.com. The Omnibus Plan is subject to final approval by the TSXV.
On behalf of the Board of Directors
Thesis Gold Inc.
“Ewan Webster”
Ewan Webster Ph.D., P.Geo.
President, CEO, and Director
About Thesis Gold Inc.
Thesis Gold Inc. is a resource development company focused on unlocking the potential of its 100% owned
Lawyers-Ranch Project, located in British Columbia's prolific Toodoggone Mining District. The recently
completed Preliminary Economic Assessment (PEA) [1] highlights robust project economics, including a
35.2% after-tax IRR and an after-tax NPV5% of C$1.28 billion, demonstrating the potential for significant
value creation. Over the next 12 months, Thesis is dedicated to advancing the Project through critical
development milestones, including the initiation of a Pre-Feasibility Study and progressing permitting and
environmental work. The Company will also continue to evaluate multiple high -potential exploration
targets across the district, aiming to build on the substantial resource growth potential identified in the PEA.
Through these strategic moves, Thesis Gold intends to elevate the Ranch-Lawyers Project to the forefront
of global precious metals ventures.
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[1] Please refer to the Company’s Preliminary Economic Assessment titled, “Updated Preliminary Economic
Assessment, Lawyers Gold -Silver Project ” with an effective date of August 30, 2024 filed under the
Company’s profile on SEDAR+ at www.sedarplus.ca, which also provides details of the Company's mineral
resource estimates.
The scientific and technical content of this news release has been reviewed and approved by Michael
Dufresne, M.Sc, P.Geol., P.Geo., and Carly Church, P.Eng., PMP, Qualified Persons as defined by NI 43-
101.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in
the United States. The securities have not been and will not be registered under the United States Securities
Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or
sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such registration is available.
For further information or investor relations inquiries, please contact:
Dave Burwell
Vice President Corporate Development
Email: [email protected]
Tel: 403-410-7907
Toll Free: 1-888-221-0915
Neither the 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
press release.
Not for distribution to U.S. news wire services or dissemination in the United States
Cautionary Statement Regarding Forward-Looking Information
This press release contains “forward-looking information” within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, without limitation, statements regarding the
use of proceeds from the Company's recently completed financings and the future plans or prospects of the
Company. Generally, forward -looking information can be identified by the use of forward -looking
terminology such as “plans”, “expects” or “does not expect ”, “is expected ”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations
of such words and phrases or state that certain actions, events or results “may”, “could”, “would”,
“might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are necessarily based
upon a number of assumptions that, while considered reasonable by management, are inherently subject to
business, market , and economic risks, uncertainties , and contingencies that may cause actual results,
performance, or achievements to be materially different from those expressed or implied by forward -
looking statements. Although the Company has attempted to identify important factors that could cause
actual results to differ materially from those contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that
such information will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place undue reliance on forward -
looking information. Other factors which could materially affect such forward -looking information are
described in the risk factors in the Company's most recent annual management's discussion and analysis ,
which is available on the Company's profile on SEDAR + at www.sedarplus.ca. The Company does not
undertake to update any forward -looking information, except in accordance with applicable securities
laws.