Tsodilo Resources Ltd Annual Meeting Results
Tsodilo Resources Ltd Annual Meeting
Results
Toronto, Ontario--(Newsfile Corp. - May 29, 2026) - Tsodilo Resources Limited (TSXV: TSD) (OTCQB:
TSDRF) (FSE: TZO) ("Tsodilo" or the "Company") is pleased to announce that at its Annual General
Meeting of shareholders held on May 29, 2026, the following directors were elected: James M. Bruchs,
Jonathan R. Kelafant and Blackie Marole.
Appointment of Auditors
The shareholders approved the appointment of Jones & O'Connell, LLP, St. Catharines, Ontario, as
auditors of the Company.
Grant of Stock Options
Under the terms of its Stock Option Plan, Tsodilo granted incentive stock options to six
individuals
consisting of directors of the Company and its subsidiaries and an advisor to purchase an aggregate of
775,000 common shares of Tsodilo exercisable at CDN $0.17.
These options vest as to 25% effective
June 1, 2026, and 25% on each of the sixth, twelfth and eighteenth-month anniversaries of the date of the
grant. The options are valid for five years.
About Tsodilo Resources Limited
Tsodilo Resources Limited is an international resource exploration company engaged in the search for
economic metal deposits at its Gcwihaba Resources (Pty) Limited ("Gcwihaba") projects in Botswana.
The Company has a 100% stake in its Gcwihaba project area consisting of five metal (base and
precious, platinum group metals, and rare earth elements) prospecting licenses all located in the North-
West district of Botswana.
This press release may contain forward-looking statements. All statements, other than statements of
historical fact, that address activities, events or developments that the Company believes, expects or
anticipates will or may occur in the future (including, without limitation, statements pertaining to the
use of proceeds, the impact of strategic partnerships and statements that describe the Company's
future plans, objectives or goals) are forward-looking statements. These forward-looking statements
reflect the current expectations or beliefs of the Company based on information currently available to
the Company. Forward-looking statements are subject to a number of risks and uncertainties that may
cause the actual results of the Company to differ materially from those discussed in the forward-
looking statements, and even if such actual results are realized or substantially realized, there can be
no assurance that they will have the expected consequences to, or effects on the Company. Factors
that could cause actual results or events to differ materially from current expectations include, among
other things, changes in equity markets, changes in general economic conditions, market volatility,
political developments in Botswana and surrounding countries, changes to regulations affecting the
Company's activities, uncertainties relating to the availability and costs of financing needed in the
future, exploration and development risks, the uncertainties involved in interpreting exploration results
and the other risks involved in the mineral exploration business. Any forward-looking statement
speaks only as
of the date on which it is made and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events or results or otherwise. Although the
Company believes that the assumptions inherent in the forward-looking statements are reasonable,
forward-looking statements are not a guarantee of future performance and accordingly undue reliance
should not be put on such statements due to the inherent uncertainty therein.
Forward-looking statements are subject to a number of risks and uncertainties that may
cause the
actual results of the Company to differ materially from those discussed in the forward-looking
statements and, even if such actual results are realized or substantially realized, there can be no
assurance that they will have the expected consequences to, or effects on, the Company. Factors that
could cause actual results or events to differ materially from current expectations include, among
other things, uncertainties relating to availability and cost of funds, timing and content of work
programs, results of exploration activities, interpretation of drilling results and other geological data,
risks relating to variations in the diamond grade and kimberlite lithologies; variations in rates of
recovery and breakage; estimates of grade and quality of diamonds, variations in diamond valuations
and future diamond prices; the state of world diamond markets, reliability of mineral property titles,
changes to regulations affecting the Company's activities, delays in obtaining or failure to obtain
required project approvals, operational and infrastructure risk and other risks involved in the diamond
exploration and development business. Any forward-looking statement speaks only as of the date on
which it is made and, except as may be required by applicable securities laws, the Company
disclaims any intent or obligation to update any forward-looking statement, whether as a result of new
information, future events or results or otherwise. Although the Company believes that the
assumptions inherent in the forward-looking statements are reasonable, forward-looking statements
are not a guarantee of future performance and accordingly undue reliance should not be put on such
statements due to their inherent uncertainty.
Neither the TSX Venture Exchange ("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 news
release. This news release may contain assumptions, estimates, and other forward-looking
statements regarding future events. Such forward-looking statements involve inherent risks and
uncertainties and are subject to factors, many of which are beyond the Company's control, which may
cause actual results or performance to differ materially from those currently anticipated in such
statements.
FOR FURTHER INFORMATION, PLEASE CONTACT:
James M. Bruchs
Chairman and Chief Executive Officer
Head Office
Telephone +1 416 572 2033
Facsimile + 1 416 987 4369
Website
http://www.TsodiloResources.com
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/299488