ROUYN-NORANDA, QC, March 3,
2025 /CNW/ - Visible Gold Mines Inc.
(TSXV: VGD) (Frankfurt: 3V41) announces the voting
results of its annual and special meeting of shareholders
held on February 28, 2025 (the
"Meeting"). At the Meeting, the shareholders elected Martin Dallaire, Sylvain
Champagne, Pierre Vézina and Joel Gagné 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.
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 auditor of the Corporation.
The Board of Directors has granted today stock options in
respect of 475,000 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
$0.10, which is higher to the closing
price of the Corporation's common shares on the TSX Venture
Exchange on Friday February 28, 2025.
The options will expire on March 3,
2035 and vested immediately.
About Visible Gold Mines
Visible Gold Mines is a corporation focused on gold in the
prolific Abitibi Gold Belt and
lithium in the James Bay region in
the province of Québec. Visible Gold Mines has 37,155,164 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.
