TORONTO, July 10, 2018 /CNW/ - Aethon Minerals Corp.
(TSX-V: AET), ("Aethon" or the "Company") is pleased to
announce that at the annual and special meeting of the Company's
shareholders held today (the "Meeting"), the shareholders elected
Robert Davies, Jens Mayer, Sam
Leung, Michael Atkinson and
Flora Wood as directors of the
Company to hold office until their successors are duly elected or
appointed.
The Company is pleased to welcome Flora
Wood as a director. Ms. Wood is Director, Investor Relations
at Altius Minerals Corporation and has been active in mining
industry for a number of years, holding various positions in the
role of investor relations.
In addition, at the Meeting, Grant Thornton LLP was appointed as
auditors until the next annual meeting of shareholders or until a
successor is appointed, and the shareholders authorized the
directors of the Company to fix the auditors' remuneration.
In accordance with the rules and policies of the TSX Venture
Exchange, the Company's shareholders also adopted and ratified the
amended "rolling" stock option plan of the Company, approved the
continuance of the Company from British
Columbia to the federal Canada Business Corporations Act and
adopted new by-laws of the Company in connection with the
continuance.
In addition, the Company wishes to announce the granting of
incentive stock options to certain directors and officers to
purchase up to 2,483,500 common shares under its stock option plan.
The options were granted effective April 26,
2018 in connection with the Company's qualifying transaction
and will expire on April 26, 2023 and
vest over a three year period. The options are exercisable at a
price of $0.51 per share.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
About Aethon Minerals
Aethon Minerals is a mineral exploration company focused on
creating value in the base metal space with an emphasis on copper
mineral assets in Chile. The
Company has consolidated a very large prospective land position
consisting of over 130,000 hectares along prolific mining belts
located in the Maricunga and Antofagasta regions of northern Chile. The Company also has an option
agreement to acquire a 100% interest in the highly prospective
Llanos De Llahuin project situated in a region with excellent
access and existing infrastructure. Aethon believes it is uniquely
positioned for growth and is actively pursuing selective
copper-focused growth opportunities. Aethon is based in
Toronto, Canada, and is listed on
the TSX-V under the symbol "AET".
SOURCE Aethon Minerals