ROUYN-NORANDA, QC, Jan. 28, 2022 /CNW Telbec/ - Visible Gold
Mines Inc. (TSXV: VGD) (Frankfurt: 3V41) announces
the voting results from its annual and special meeting of
shareholders held on January 27,
2022 (the "Meeting"). At the Meeting, the shareholders
elected Martin Dallaire,
Sylvain Champagne, Pierre Vézina and
Sébastien Bellefleur as directors of the Corporation.
Following the Meeting, the Board of Directors of the Corporation
re-appointed Martin Dallaire as
President and Chief Executive Officer of the Corporation,
Sylvain Champagne as Secretary and
Chief Financial Officer of the Corporation and Robert Sansfaçon as
Vice President Exploration of the Corporation.
In addition, shareholders also approved resolutions ratifying
and confirming the Corporation's stock option plan and
re–appointing Raymond Chabot Grant Thornton LLP, Chartered
Professional Accountants, as the auditors of the Corporation. The
resolution ratifying and confirming the Corporation's stock option
plan was approved by a majority of the disinterested shareholders
of the Corporation.
The Board of Directors has granted today stock options in
respect of 435,000 common shares to directors and officers of the
Corporation. The options were granted pursuant to the Corporation's
Stock Option Plan. The exercise price of the options is
$0.11, which is equal to the closing
price of the Corporation's common shares on the TSX Venture
Exchange on Thursday January 27,
2022. The options will expire on January 28, 2032 and vested immediately.
About Visible Gold Mines
Visible Gold Mines is a corporation focused on gold in the
prolific Abitibi Gold Belt and the
Bay James region in the province of Quebec. The Corporation has 33,827,039 common
shares issued and outstanding.
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 the release.
SOURCE Visible Gold Mines Inc.