Again, this year, the Company will hold the Meeting via a live webcast at https://virtual-meetings.tsxtrust.com/1391, where all Shareholders and their proxy holders, regardless of geographic location, will have an equal opportunity to participate. Shareholders and proxy holders will not be able to attend the Meeting in person. Further details and instructions about virtual participation are included in the Meeting materials available on the Company's website and under Puma's profile on www.SEDAR.com.
NEW "ROLLING 10%" STOCK OPTION PLAN
At the Meeting, Shareholders will be asked to vote on a new "rolling 10%" stock option plan (the "New Plan") that was approved by Puma's Board of Directors. TSX-V approval is pending. The New Plan will replace the Company's "fixed number" stock option plan. Under the New Plan, the Board of Directors may grant stock options to directors, officers, employees, and consultants of the Company up to a maximum of 10% of the total number of issued and outstanding shares of the Company from time to time, less any shares reserved for issuance under the "fixed number" option plan. The Management Information Circular for the 2022 Annual and Special Meeting of Shareholders provides more details about the New Plan.
UPDATE ON ADDITIONAL WARRANTS EXERCISE
Outstanding warrants (the "Warrants") issued in connection with Puma's
Puma has a total of 118,970,321 shares issued and outstanding as of today.
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President, (418) 750-8510;
president@explorationpuma.com
Head of Investor Relations and Corporate Development, (250) 575-3305; mboiridy@explorationpuma.com
Neither the
Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Puma to be materially different from actual future results and achievements expressed or implied by such forward-looking statements.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made, except as required by law. Puma undertakes no obligation to publicly update or revise any forward-looking statements. These risks and uncertainties are described in the quarterly and annual reports and in the documents submitted to the securities administration.
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