Vancouver, British Columbia--(Newsfile Corp. - August 3, 2022) - Nickel North Exploration Corp. (TSXV: NNX) (the "Company" or "Nickel North") is pleased to announce the results of its Annual and Special General Meeting (the "Meeting") held on Friday, July 29, 2022. A total of 63,900,640 common shares, representing 71.03% of the issued and outstanding common shares of the Company, were represented at the Meeting.
All resolutions proposed to shareholders were duly passed. Dr. Jingbin Wang, Andrew Lee Smith, Dr. Yingting (Tony) Guo and Julie Lemieux were re-elected to the Board of Directors of the Company.
The motion to approve the shares for debt settlements for debts in an aggregate amount of $223,462.50 was passed by disinterested shareholders (excluding votes cast by an associate of SinoTech (Hong Kong) Corporation Limited, Yingting (Tony) Guo and his associates). The motion to approve the settlement of loans from Sinotech (Hong Kong) Corporation Limited in the amount of $1,654,995 by issuance of a convertible debenture was also passed by disinterested shareholders (excluding votes cast by an associate of SinoTech (Hong Kong) Corporation Limited).
About Nickel North Exploration
Nickel North Exploration is a Canadian based explorer focused on defining a Ni-Cu-PGE resource at our Hawk Ridge Project in Northern Quebec. The board of directors, advisor committee and management team are experienced, successful mine finders. The property consists of a 50 km long belt of magmatic Ni-Cu-PGE occurrences covering over 173 km2. The project is located near tidewater. Quebec is a mining friendly jurisdiction. Nickel North Exploration is a conscientious corporate citizen, maintains good relations with Communities and Aboriginal people, and is committed to sustainable development. For more information on the company, please visit www.nnexploration.com.
On behalf of Nickel North Exploration Corp.
Yingting (Tony) Guo, President and CEO
For further information please contact:
North America IR/PR
T: +1 (647) 725-3888 x703
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Disclaimer for Forward-Looking Statements
All statements, other than statement of historical fact, included herein are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "likely" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.
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