Le Lézard
Classified in: Mining industry

Montero Announces AGM Results


TORONTO, July 29, 2019 (GLOBE NEWSWIRE) -- Montero Mining and Exploration Ltd. (TSX.V: MON) ("Montero" or the "Company") is pleased to announce that at the Company's Annual General and Special Meeting held Thursday, June 27, 2019 (the "Meeting"), all resolutions proposed were duly passed by the shareholders of the Company.

In addition, shareholders of the Company appointed Dale Matheson Carr-Hilton LaBonte LLP, Chartered Professional Accounts as the Company's auditor for the ensuing year, and authorized the Board of Directors to fix the remuneration to be paid to the auditor.

The shareholders also passed a special resolution to approve the cancellation of the Company's existing form of articles (the "Articles") and the adoption of a new form of Articles which includes the advance notice provisions intended to: (i) facilitate an orderly and efficient annual general or, where the need arises, special, meeting; (ii) ensure that all shareholders receive adequate notice of the director nominations and sufficient information with respect to all nominees; and (iii) allow shareholders to register an informed vote having been afforded reasonable time for appropriate deliberation.

Following the Meeting, the Board of Directors appointed the following officers of the Company: Dr. Antony Harwood as President and Chief Executive Officer, Sheri Rempel and interim Chief Financial Officer and Corporate Secretary (the "Management").

The Board of Directors and Management would like to thank all shareholders for their support and confidence.

About Montero
Montero is a mineral exploration and development company engaged in the identification, acquisition, evaluation and exploration of mineral properties in Africa. Currently these include lithium and tin in Namibia, phosphates in South Africa and rare earth elements in Tanzania. Montero is reviewing and evaluating other opportunities from its operating base in South Africa. Montero trades on the TSX Venture Exchange under the symbol MON.

For more information, contact:

Montero Mining and Exploration Ltd.
Dr. Tony Harwood, President and Chief Executive Officer
E-mail: ir@monteromining.com
Tel: +1 416 840 9197 | Fax: +1 866 688 4671

Neither 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 release.

These press releases may also interest you

at 19:12
Omineca Mining and Metals Ltd. ("Omineca" or the "Company"), announces that the TSX Venture Exchange has accepted the previously announced option agreement (the "Option Agreement") with CanAlaska Uranium Ltd. ("CanAlaska") to acquire a maximum 50%...

at 18:20
Regulus Resources Inc. ("Regulus", TSX-V: REG, OTCQX: RGLSF) and Osisko Gold Royalties Ltd ("Osisko", OR TSX, OR NYSE) are pleased to announce that they have entered into a strategic partnership (the "Partnership") whereby Regulus has agreed to grant...

at 18:16
Inland Pipe Rehabilitation ("IPR"), a portfolio company of an investment affiliate of J.F. Lehman & Company ("JFLCO"), announced today the completion of the acquisition of Murphy Pipeline Contractors ("Murphy")....

at 18:05
ExGen Resources Inc. ("ExGen", the "Company") is pleased to update drilling results for Phoenix Copper Ltd.'s ("Phoenix") Empire Mine Project in Idaho, USA. ExGen owns 20% and Phoenix owns 80% of Konnex Resources, Inc. ("Konnex"), which holds the...

at 18:00
The "Ferrovanadium Market Insights 2020, Analysis and Forecast Global and Chinese Market to 2025, by Manufacturers, Regions, Technology, Application" report has been added to ResearchAndMarkets.com's offering. This report is a professional and...

at 17:30
Plateau Energy Metals Inc. ("Plateau" or the "Company") reports today that nine (9)¹ of 15 of the concessions currently under administrative and judicial procedures have been listed by the Institute of Geology Mining and Metallurgy ("INGEMMET") in...

News published on 29 july 2019 at 17:00 and distributed by: