Mining
Friday, September 20th, 2024 3:36 pm EDT
Key Points
- AGM Approvals: Tectonic shareholders re-elected all members of the Board of Directors, re-appointed Davidson & Company LLP as auditors, and approved the Company’s Equity Incentive plan at the Annual General Meeting.
- Company Background: Tectonic Metals Inc. is a gold exploration company led by executives who previously transformed Kaminak Gold into a $520 million success story through the sale of the Coffee Gold Project.
- Mission & Vision: Tectonic’s mission is to be the top mineral exploration company, focusing on economically viable, sustainable projects while creating wealth for shareholders and maintaining strong environmental stewardship and community benefits.
VANCOUVER, BC / ACCESSWIRE / September 20, 2024 / Tectonic Metals Inc. (TSX-V:TECT)(OTCQB:TETOF) (the “ Company ” or “ Tectonic “) is pleased to announce that Tectonic shareholders approved all matters voted on at the Annual General Meeting of Shareholders (“ AGM “) held on Thursday, September 19, 2024, online, including:
- the re-election of Antonio Reda, Allison Rippin Armstrong, Joseph J. Perkins, John Armstrong and Michael W. Roper to the Tectonic Board of Directors;
- the re-appointment of Davidson & Company LLP as auditors of the Company; and
- the approval of the Company’s Equity Incentive plan.
About Tectonic Metals
Tectonic Metals Inc. is a gold exploration company founded by the same key executives who transformed Kaminak Gold from a $3 million venture into a $520 million success story. These leaders raised $165 million to fund the acquisition, discovery, and advancement of the Coffee Gold Project in the Yukon Territory, including the completion of a bankable feasibility study, before selling the multi-million-ounce gold project to Goldcorp Inc. (now Newmont) for C$520 million in 2016.
Success with the Coffee Gold Project is only one example, as each member of the Tectonic team has a significant track record of success in all facets of exploration and mining, including over 30 Moz of gold discoveries, 18 feasibility studies, 20 projects permitted, over $3 billion in M&A transactions and over $2 billion in capital raising.
Tectonic’s mission statement is “to be the number one mineral exploration company in the world.” The Company applies a disciplined, up-front de-risking strategy to address the economics, community benefits, and sustainability of its projects and refers to this as the “Shift in the Game.” The Tectonic team is focused on demonstrating tier-1 mining opportunities, not drill plays.
Whether at home or at work, the Tectonic team is grounded on the following core values: passion, integrity, patience, focus, perseverance, honesty, fairness, accountability, respect and a big mindset. The Company’s vision is to create transformational wealth for our shareholders by identifying, discovering and developing world-class gold districts in North America with a commitment to high standards of environmental stewardship and maximizing social and economic benefits to the communities in which they live and operate.
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Tour the Flat Gold Project
Tectonic invites you to take a virtual tour of our Flat Gold Project with both the CEO of Tectonic and one of Alaska’s largest for-profit Native Regional Corporations, Doyon, by clicking here: https://bit.ly/FlatProjectSiteTour
To be a part of “The Shift,” follow us on social media:
X: https://x.com/TectonicMetals
LinkedIn: https://www.linkedin.com/company/tectonic-metals
Instagram: https://www.instagram.com/tectonicmetals/
Facebook: https://www.facebook.com/TectonicMetals/
YouTube: https://www.youtube.com/@TectonicMetalsInc
On behalf of Tectonic Metals Inc.,
Tony Reda
President and Chief Executive Officer
For further information about Tectonic Metals Inc. or this news release, please visit our website at www.tectonicmetals.com or contact Jesse Manna, Investor Relations, toll-free at 1.888.685.8558 or by email at jesse@tectonicmetals.com .
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Tectonic Metals Inc.
