(via TheNewswire)
![]() | |||||||||
![]() | ![]() | ![]() |
Calgary,AB - TheNewswire -February9, 2023 -
The following resolutions received the required shareholder approval:
A share consolidation of up to a maximum of ten for one (10:1) at any time within 12 months of the meeting, as the Board of Directors sees fit.
An application to convert Extraordinary Debt to shares at
C$0.025 , subject to final approval by the TSX.The appointment of a fourth Director to the Board.
“The Company is engaged in discussions with several potential Director candidates, any one of whom would add significant value to Pambili as we consolidate our position in the mining sector,” says
An application to convert a total of
The above initiatives are intended to facilitate securing the next round of investment required to fund due diligence on several producing gold targets in
About
For further information, contact:
T: 403 277 4421
E:jon.harris@pambilinrc.com
Neither
Caution Regarding Forward-Looking Information Forward-looking statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often, but not always, identified by words such as “believes”, “may”, “likely”, “plans”, or similar words. Forward- looking statements included in this news release include statements with respect to work to be done on the
Copyright (c) 2023 TheNewswire - All rights reserved.
Copyright (c) 2023 TheNewswire - All rights reserved., source