In This Article:
Hong Kong, Hong Kong--(Newsfile Corp. - March 29, 2025) - Queen's Road Capital Investment Ltd. (TSX: QRC) (the "Company", "Queen's Road Capital" or "QRC") wishes to confirm the results of its Annual General Meeting held on January 10, 2025 (the "AGM"). Over 30% of the Company's issued and outstanding shares were represented at the AGM.
At the AGM, the Company's shareholders approved the election of the following management nominees to the Company's board of directors:
| Board of Director Nominees | % of votes for | % of Votes Withheld |
| Warren Gilman | 100% | 0% |
| Alex Granger | 100% | 0% |
| Michael Cowin | 97.9% | 0.03% |
| Donald Roberts | 97.9% | 0.03% |
| Peter Chau | 100% | 0% |
Shareholders also approved the appointment of KPMG LLP, Chartered Professional Accountants as the Company's auditors for the ensuing year.
As previously announced, shareholders also approved the share consolidation on the basis of (1) post-consolidated Share for every ten (10) pre-consolidated Shares , and changes to the Company's Articles to allow for the consolidation, which was effective January 15, 2025.
About Queen's Road Capital Investment Ltd.
QRC is a dividend paying, leading financier to the global resource sector. The Company is a resource focused investment company, making investments in privately held and publicly traded companies. The Company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in advanced development or production located in politically safe jurisdictions.
Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION, visit the Company's website at www.queensrdcapital.com or contact by email info@queensrdcapital.com or phone +852 2759 2022.
Caution Regarding Forward Looking Statements
Certain statements in this News Release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning the Company's growth strategy and the Company's future performance. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, inability to identify or successfully conclude corporate transactions, and other relevant conversion factors, permitting and licensing risks; and general market and mining exploration risks. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward-looking statements to reflect events or changes in circumstances that occur after the date hereof.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246426