VANCOUVER, BC, May 17, 2024
/CNW/ - Bluestone Resources Inc. (TSXV: BSR) (OTCQB: BBSRF)
("Bluestone" or the "Company") is pleased to announce the
results of voting at its annual general and special meeting of
shareholders which was held on May 15,
2024, in Vancouver, BC (the
"Meeting"). Full details of all the voting results for
the 2024 Meeting are available on SEDAR+ at www.sedarplus.ca.
A total of 74,526,945 common shares, representing 49% of the
votes attached to all outstanding shares as at the record date for
the Meeting, were represented at the Meeting. All of the matters
submitted to the shareholders for approval as set out in the
Company's Notice of Meeting and Information Circular dated
April 10, 2024, were approved by the
requisite majority of votes cast at the Meeting.
The nominees for directors were elected as set out in the
following table:
|
Director
|
Votes
For
|
%
|
|
James Beck
|
74,518,820
|
99.99
|
|
Martino De
Ciccio
|
64,515,220
|
99.98
|
|
Dave Dicaire
|
74,518,820
|
99.99
|
|
Jill
Donaldson
|
74,504,090
|
99.97
|
|
Peter
Hemstead
|
74,518,820
|
99.99
|
|
Joyce Ngo
|
74,504,090
|
99.97
|
At the Meeting, shareholders also approved the appointment of
PricewaterhouseCoopers LLP as auditors of the Company for the
ensuing year, and the Company's Stock Option Plan was approved by
disinterested shareholders.
About Bluestone
Resources
Bluestone Resources is a Canadian-based precious metals
exploration and development company focused on opportunities in
Guatemala. The Company's flagship
asset is the Cerro Blanco gold project, a near surface mine
development project located in Southern
Guatemala in the department of Jutiapa. The Company released
the results of a Feasibility Study for the project, outlining an
asset capable of producing over 300 koz/yr at head grades of +2.0
g/t gold. The project will produce 2.6 million ounces of gold over
the life of mine at an all-in sustaining cost of US$629/oz (as defined per World Gold Council
guidelines, less corporate general and administration costs) over
an initial 14-year mine life. The Company trades under the symbol
"BSR" on the TSX Venture Exchange and "BBSRF" on the OTCQB.
On Behalf of Bluestone Resources Inc.
"Peter
Hemstead"
Peter Hemstead | President,
CEO &
Director
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 this release.
SOURCE Bluestone Resources Inc.