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ZFR.V ·

Zephyr Minerals Ltd. announces results of annual and special meeting of shareholders

Shareholder Meetings

Zephyr Minerals Ltd. announces results of annual and special

meeting of shareholders

Trading Symbol: TSX-V: ZFR OTC:ZPHYF

Shares Outstanding: 46,332,620

HALIFAX

,

June 1, 2018

/CNW/ - Zephyr Minerals Ltd. ("

Zephyr

" or the "

Corporation

") (TSXV: ZFR) is pleased to announce that at the

annual and special meeting of the Corporation's shareholders held on

May 31, 2018

, the shareholders re-elected

Will Felderhof

,

Loren

Komperdo

,

John Clark

,

David Felderhof

,

Scott Rhodenizer

and

David Grand

as directors of the Corporation to hold office until their successors

are duly elected or appointed.

In addition, in accordance with the rules and policies of the TSX Venture Exchange, the Corporation's shareholders re-approved Zephyr's "rolling"

incentive stock option plan. The Corporation's shareholders also re-appointed

Wasserman Ramsey

, Chartered Accountants, as the Corporation's

auditor to hold office until the next annual meeting of shareholders or until its successor is duly appointed, and the directors of the Corporation

were authorized by shareholders to fix the auditor's remuneration.

About Zephyr Minerals Ltd.

Zephyr Minerals Ltd. continues to advance it's 100% owned high grade Dawson Gold Project in

Colorado, USA

. After completing a positive

PEA, Zephyr is continuing with permitting and additional engineering, with a near term focus on exploration and resource expansion.

To be included in the Zephyr email database for Company updates please contact

[email protected]

, or visit our website

www.zephyrminerals.com

for more information.

CAUTIONARY STATEMENT:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange)

accepts responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements.

The forward-looking statements contained in this document are based on certain key expectations and assumptions made by the

Company, including, with respect to the use of funds from the private placement, expectations and assumptions concerning timing of

receipt of required regulatory approvals and third party consents and the satisfaction of other conditions to the completion of the

exploration work on the Dawson Gold Property.

The forward-looking statements contained in this document are made as of the date hereof and the Company undertakes no obligation

to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or

otherwise, unless so required by applicable securities laws.

SOURCE

Zephyr Minerals Ltd.

View original content: http://www.newswire.ca/en/releases/archive/June2018/01/c5108.html

%SEDAR: 00030509E

For further information:

David Felderhof, Executive Vice President; Sean Tufford, VP, Corporate Development, Zephyr Minerals Ltd., T: 902

446-4189, F: 866 941-4715

CO: Zephyr Minerals Ltd.

CNW 13:49e 01-JUN-18