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Vancouver, British Columbia--(Newsfile Corp. - August 10, 2022) - NINE MILE METALS LTD. (CSE: NINE) (OTCQB: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") announces that at its annual general and special meeting (the "AGSM") held on August 9, 2022, Nine Mile's shareholders approved by majority: to elect all six directors standing for election; to re-appoint Saturna Group Chartered Professional Accountants LLP as the auditors of the Company; and to reapprove the Company's 10% rolling stock option plan.
Gary Lohman has been appointed as a new member of the Company's Board of Directors and as the VP Exploration. Mr. Lohman is a founder and Chief Operating Officer of Royal Stewart Resources Corp. As an exploration geologist, he has 40 years of management experience in both precious and base metal exploration. He is skilled in geological, geochemical and geophysical exploration techniques in a wide variety of settings including Volcanogenic Massive Sulphides (VMS), Porphyry & IOCG (Copper/Gold) Style Deposits. Experience includes evaluations / research conducted on bonanza grade and bulk tonnage gold-silver properties in Canada, Mexico, California, Ecuador & Chile. Mr. Lohman owns 5,921,743 common shares of the Company representing 11.2% of the issued and outstanding.
A total of 26 shareholders were represented in person or by proxy with 15,566,814 common shares voted representing 35.28% of the Company's outstanding common shares.
Following the AGSM, Charles MaLette will be stepping down from his role of Chief Executive Officer ("CEO"). Mr. MaLette will remain as the President and Secretary of the Company. Patrick Cruickshank has been appointed as the new CEO of the Company, effective August 9, 2022.
Patrick Cruickshank has been a director of the Company since January 24, 2022. Mr. Cruickshank received his MBA from the Schulich School of Business at York University in 1989. Mr. Cruickshank brings over 20 years of experience from the wealth management sector working for Merryll Lynch, Legg Mason, and Citigroup Capital Markets, where he focused on creating and protecting wealth while specializing in funding growth companies. Mr. Cruickshank was an NFLPA advisor from 2000 to 2012, until transitioning into private equity. Since 2012, Mr. Cruickshank has concentrated on acquiring, funding and growing companies in the Energy and Resource Sector. Mr. Cruickshank has been the current CEO of Fiddlehead Mining Corp. since 2019 and serves as a director on a number of private companies. Mr. Cruickshank is also a former Canadian National Team soccer player, US NCAA Division 1 Collegiate player and coach. Mr. Cruickshank owns indirectly 9,129,354 common shares of the Company representing 17.2% of the issued and outstanding.