Arizona Metals Corp Announces Annual General Meeting Results

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TORONTO, June 28, 2024 /CNW/ - Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) (the "Company" or "Arizona Metals") is pleased to announce the results of its Annual General Meeting held on June 28, 2024 (the "Meeting").

Arizona Metals Logo (CNW Group/Arizona Metals Corp.)
Arizona Metals Logo (CNW Group/Arizona Metals Corp.)

At the meeting, the seven director nominees listed in the Company's management information circular dated May 28, 2024 (the "Circular") were elected as directors to serve until the close of the next annual meeting of shareholders. The detailed results of the votes for each director are set out below.

Nominees

Voted "For"

% "For"

Voted "Against"

% "Against"

Jacques Perron

40,564,594

99.82 %

74,547

0.18 %

Duncan Middlemiss

40,124,683

98.73 %

514,458

1.27 %

Rickard Vernon

23,358,885

57.48 %

17,280,256

42.52 %

Conor Dooley

28,872,262

71.05 %

11,766,879

28.96 %

Rosa Maria Rojas Espinoza

39,194,806

96.45 %

1,444,335

3.55 %

Katherine Arnold

39,849,568

98.06 %

789,573

1.94 %

Mike Pilmer

28,756,160

70.76 %

11,882,981

29.24 %

In addition to the election of directors, shareholders also re-appointed McGovern Hurley LLP., Chartered Professional Accountants as auditors of the Company.

A total of 42,751,336 shares were voted at the meeting, representing 35.97 % of the common shares that were issued and outstanding at the record date for the meeting.

Further disclosure on the mattes approved at the Meeting can be found in the Circular and available on SEDAR+ at www.sedarplus.ca

About Arizona Metals Corp

Arizona Metals Corp owns 100% of the Kay Mine Property in Yavapai County, which is located on a combination patented and BLM claims totaling 1,665 acres that are not subject to any royalties, and 193 acres of private land. A historic estimate by Exxon Minerals in 1982 reported a "proven and probable reserve of 6.4 million short tons at a grade of 2.2% copper, 2.8 g/t gold, 3.03% zinc, and 55 g/t silver." The historic estimate at the Kay Mine was reported by Exxon Minerals in 1982. (Fellows, M.L., 1982, Kay Mine massive sulphide deposit: Internal report prepared for Exxon Minerals Company)

*The Kay Mine historic estimate has not been verified as a current mineral resource. None of the key assumptions, parameters, and methods used to prepare the historic estimate were reported, and no resource categories were used. Significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimate can be verified and upgraded to be a current mineral resource. A Qualified Person has not done sufficient work to classify it as a current mineral resource, and Arizona Metals is not treating the historic estimate as a current mineral resource.