Nighthawk Gold Corp. (“Nighthawk” or the
“Company”) (TSX: NHK; OTCQX: MIMZF) announces that all
resolutions proposed to shareholders at its annual meeting of
shareholders held on June 22, 2023, were duly approved. The results
for each of the matters at the meeting are set out below:
1. Election of Directors
The following individuals were elected as directors of the
Company to hold office until the next annual meeting of
shareholders:
Name of Nominee
Votes FOR
Votes WITHHELD
Keyvan Salehi
48,260,613
99.7%
146,235
0.3%
Brian Howlett
48,262,213
99.7%
144,635
0.3%
Morris Prychidny
48,276,913
99.7%
129,935
0.3%
Eric Tremblay
48,197,913
99.6%
208,935
0.4%
Daniel Noone
37,521,174
77.5%
10,885,674
22.5%
Edie Hofmeister
48,288,593
99.8%
118,255
0.2%
Sara Heston
48,195,653
99.6%
211,195
0.4%
2. Reappointment of Auditors
The auditors for the Company, MNP LLP were re-appointed for the
ensuing year.
For detailed voting results on each resolution, please refer to
the Company’s Report of Voting Results filed under the Company’s
profile on SEDAR at www.sedar.com.
About Nighthawk Gold Corp. Nighthawk is a Canadian-based gold
exploration and development company with 100% ownership of more
than 947 km2 District Scale Property within 200 km north of
Yellowknife, Northwest Territories, Canada. The Colomac Gold
Project PEA1 demonstrates a potential large-scale gold operation of
290,000oz/year per year over 11.2-year conceptual mine life that
generates a C$1.2 billion after-tax NPV5% and 35% IRR (after taxes)
based on a US$1,600/oz gold. Nighthawk’s experienced management
team, with a track record of successfully advancing projects and
operating mines, is working towards rapidly advancing its assets
towards a development decision.
Forward-Looking Information
This news release contains "forward-looking information" within
the meaning of applicable Canadian securities legislation.
Forward-looking information includes, but is not limited to,
information with respect to the Company’s Mineral Resource
Estimates, PEA and the potential extractability of the OP and UG
mineralization, the potential expansion of Mineral Resource
Estimates, the potential for the economics of the Project to
improve, the potential for the Project to grow, the potential for
higher-grade assay results, the potential of the Project to be a
‘top-tier’ gold project in a safe mining jurisdiction, the
potential of the Project to be developed, the large-scale and
robust nature of the Project PEA, the advancement of the PEA
towards a higher-level economic study, the continued exploration
and drilling initiatives and having the necessary funding required
to complete these initiatives, the prospectivity of exploration
targets, the potential economic viability of the assets, and the
advancement of projects towards a development decision. Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as “add” or “additional”,
“advancing”, “anticipates” or “does not anticipate”, “appears”,
“believes”, “can be”, “conceptual”, “confidence”, “continue”,
“convert” or “conversion”, “deliver”, “demonstrating”, “estimates”,
“encouraging”, “expand” or “expanding” or “expansion”, “expect” or
“expectations”, “forecasts”, “forward”, “goal”, “improves”,
“increase”, “intends”, “justification”, “plans”, “potential” or
“potentially”, “promise”, “prospective”, “prioritize”, “reflects”,
“scheduled”, “suggesting”, “support”, “updating”, “upside”, “will
be” or “will consider”, “work towards”, or variations of such words
and phrases or state that certain actions, events or results “may”,
“could”, “would”, “might”, or “will be taken”, “occur”, or “be
achieved”.
Forward-looking information is based on the opinions and
estimates of management at the date the information is made, and is
based on a number of assumptions and is subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
Nighthawk to be materially different from those expressed or
implied by such forward-looking information, including risks
associated with required regulatory approvals, the exploration,
development and mining such as economic factors as they effect
exploration, future commodity prices, changes in foreign exchange
and interest rates, actual results of current exploration
activities, government regulation, political or economic
developments, the ongoing wars and their effect on supply chains,
environmental risks, COVID-19 and other pandemic risks, permitting
timelines, capex, operating or technical difficulties in connection
with development activities, employee relations, the speculative
nature of gold exploration and development, including the risks of
diminishing quantities of grades of reserves, contests over title
to properties, and changes in project parameters as plans continue
to be refined as well as those risk factors discussed in
Nighthawk's annual information form for the year ended December 31,
2022, available on www.sedar.com. Although Nighthawk has attempted
to identify important factors that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such information. Accordingly, readers should not place undue
reliance on forward-looking information. Nighthawk does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.
Cautionary Statement regarding the PEA
The reader is advised that the PEA summarized in this press
release is only a conceptual study of the potential viability of
the Project's mineral resource estimates, and the economic and
technical viability of the Project and its estimated mineral
resources has not been demonstrated. The PEA is preliminary in
nature and provides only an initial, high-level review of the
Project's potential and design options; there is no certainty that
the PEA will be realized. The PEA conceptual LOM plan and economic
model include numerous assumptions and mineral resource estimates
including Inferred mineral resource estimates. Inferred mineral
resource estimates are considered to be too speculative
geologically to have any economic considerations applied to such
estimates. There is no guarantee that Inferred mineral resource
estimates will be converted to Indicated or Measured mineral
resources, or that Indicated or Measured resources can be converted
to mineral reserves. Mineral resources that are not mineral
reserves do not have demonstrated economic viability, and as such
there is no guarantee the Project economics described herein will
be achieved. Mineral resource estimates may be materially affected
by environmental, permitting, legal, title, taxation,
socio-political, marketing, or other relevant risks, uncertainties
and other factors, as more particularly described in the Cautionary
Statements at the end of this news release.
1For more information on the Colomac Gold Project Preliminary
Economic Assessment (“PEA”), please refer to the NI 43-101
technical report titled “Colomac Gold Project NI 43-101 Technical
Report and Preliminary Economic Assessment, Northwest Territories,
Canada” dated June 9, 2023 which is available on SEDAR
(www.sedar.com) or the Company’s website
(www.nighthawkgold.com).
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version on businesswire.com: https://www.businesswire.com/news/home/20230622813452/en/
FOR FURTHER INFORMATION PLEASE CONTACT: NIGHTHAWK GOLD
CORP. Tel: +1 (416) 863-2105; Email: info@nighthawkgold.com
Website: www.nighthawkgold.com
Keyvan Salehi President & CEO
Salvatore Curcio CFO
Allan Candelario VP, Investor Relations & Corporate
Development
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