TSX: TML
OTCQX: TSRMF
TORONTO, May 24, 2023
/CNW/ - Treasury Metals Inc. (TSX: TML) (OTCQX: TSRMF)
("Treasury" or the "Company") is pleased to announce
that it has filed with securities regulators the notice of annual
general meeting of shareholders, management information circular
(the "Circular") and related documents (collectively, the
"Meeting Documents") for the Annual Meeting of Shareholders
of the Company (the "Meeting") to be held virtually on
June 28, 2023 at 11:00 a.m. Eastern Time via live audio webcast
online at https://web.lumiagm.com/200395339.
Two current, long-tenured directors, William (Bill) Fisher and Flora Wood, are not standing for re–election to
the Treasury Board of Directors (the "Board"). At the
Meeting, Michele Ashby and
James (Jim) Gowans are nominated as
new members to the Board, bringing considerable technical and
capital markets experience to the Company.
Jeremy Wyeth, President and CEO
of the Company, commented: "As part of a Board renewal process that
the Company began in 2022, our two longest-term directors,
Bill Fisher and Flora Wood, will not stand for re-election at
the Annual Meeting. I would like to thank Bill and Flora for their
guidance over the past few years. We are pleased to welcome our two
new director nominees, Michele Ashby
and Jim Gowans, who both bring
significant capital markets and mining industry experience to our
Board."
David Whittle, Chair of the
Board, commented: "We are pleased to nominate Michele and Jim to
the Board and look forward to their contributions in helping
management drive the Goliath Gold Complex forward. On behalf of the
Board, I would also like to thank Bill and Flora for their
contributions to Treasury. Both have played integral parts in the
advancement of the Company and we wish them both well in their
future endeavours."
Michele Ashby
Ms. Ashby
founded Ashby Consulting Enterprises Inc. (ACE LLC), a consulting
firm that provides corporate board training and certification
through her unique program, ACE Board Certification for Women. Her
diverse background includes 30 years as a gold specialist/analyst,
financial expert, independent corporate director and successful
entrepreneur. She was named one of the Top 25 Most Powerful Women
in Business in Colorado for 2019
by the Colorado Chamber of
Commerce for Women for her work in training 1,000 women for
corporate board directorships; in 2022, she was selected as one of
the 100 Global Inspirational Women in Mining by Women in Mining UK.
She previously served as an independent director for Mene, Inc.,
Lithium X and McEwen Mining and was an Executive Consultant with
McGhee Productivity Solutions as well as Chief Executive Officer
and founder of MiNE, LLC. Ms. Ashby was also the Chief
Executive Officer and founder of Denver Gold Group Inc., a
Colorado not-for-profit
corporation organized and operating as a trade association for the
mining industry. She graduated magna cum laude with a degree in
finance from Regis University.
James (Jim) Gowans
Mr.
Gowans has more than 40 years of experience in the resource sector
through an extensive career as a senior executive with several
major mining companies and his role as past chair of the Mining
Association of Canada. He has
extensive mining knowledge and perspective on the importance of
sustainability and stakeholder relations. He has held executive
positions with Debswana Diamond Company in Botswana, DeBeers SA, DeBeers Canada Inc., PT
Inco in Indonesia, and Placer Dome
Ltd. He was also interim president and CEO of Trilogy Metals Inc.,
President, CEO and a director of Arizona Mining Inc. and senior
advisor to the Chair of the Board and Co-President of Barrick Gold
Corporation. He holds a Bachelor of Applied Science degree in
mineral engineering from the University of
British Columbia and attended the Banff School of Advanced
Management. He currently sits on the board of directors of Cameco
Corporation, Marathon Gold Corporation and Trilogy Metals Inc.
The Circular contains information for Shareholders regarding the
Annual Meeting, including exercising voting rights on the election
of the Board and the appointment of the Company's external auditor.
Shareholders who held shares as of the Record Date of May 12, 2023 will be eligible to vote. Voting
instructions are included in the Circular, and eligible
Shareholders are encouraged to vote well in advance of the proxy
voting deadline of 11:00 a.m. Eastern
Time on June 26, 2023. The
Meeting Materials are available under the Company's issuer profile
on SEDAR (www.sedar.com) and on the Company's website at
https://treasurymetals.com/investors/annual-meeting-of-shareholders/.
About Treasury Metals Inc.
Treasury Metals Inc. is a
gold-focused company with assets in Canada. Treasury's Goliath Gold Complex, which
includes the Goliath, Goldlund and Miller deposits, is located in
Northwestern Ontario. The deposits
benefit substantially from excellent access to the Trans-Canada
Highway, related power and rail infrastructure and close proximity
to several communities, including Dryden,
Ontario. The Company also owns several other projects
throughout Canada, including the
Weebigee-Sandy Lake Gold Project JV, and grassroots gold
exploration property Gold Rock. Treasury is committed to inclusive,
informed and meaningful dialogue with regional communities and
Indigenous Nations throughout the life of all our Projects and on
all aspects, including creating sustainable economic opportunities,
providing safe workplaces, enhancing of social value and promoting
community well-being.
To view further details about Treasury and the Goliath Gold
Complex, please visit the Company's website at
www.treasurymetals.com.
SOURCE Treasury Metals Inc.