ExGen Resources Adjusts Plans Amid Postal Service Disruptions

ExGen Resources Makes Adjustments Due to Postal Service Strike
ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) is proactively responding to the impact of the strike led by the Canadian Union of Postal Workers. This situation has affected the company's ability to send essential proxy-related materials to shareholders ahead of its annual general meeting. ExGen is committed to keeping shareholders informed about these developments and ensuring they can participate in the upcoming meeting effectively.
Implications of the Postal Strike
The postal strike has created challenges for many businesses, and ExGen is no exception. The company acknowledges its duty to deliver vital information regarding its annual general meeting. The meeting will occur soon, and despite the disruption, ExGen is ensuring its obligations to shareholders are met. The proxy-related materials will be available in an electronic format for those impacted by the postal delay.
Details of the Upcoming Meeting
During the meeting, shareholders will discuss several crucial topics outlined in the company’s management information circular. Key agenda items include:
- Approval of audited financial statements for the fiscal year ended December 31 of the previous year.
- Determination of the size of the Board of Directors, set at four members.
- Election of the Board for the upcoming year.
- Appointment of auditors and authorization for the Board to determine their remuneration.
- Review and potential re-approval of the company’s stock option plan.
- Transaction of any business that may properly arise during the meeting.
Proxy-Related Materials Availability
All relevant proxy-related materials, including the information circular and voting instructions, are accessible electronically on platforms like SEDAR+. Shareholders can request these materials via email at no charge while the strike situation persists. ExGen encourages all shareholders to ensure they have the necessary information to participate in the voting process.
Important Information for Shareholders
Registered shareholders need to communicate with ExGen’s Transfer Agent to receive an individual control number that will allow them to vote in the upcoming meeting. Beneficial shareholders should connect with their brokerage houses to acquire their voting control numbers and instructions on how to vote, as these processes may differ from one firm to another. All involved should ensure they meet the voting deadline set for the meeting.
Contact Details for Further Assistance
For any inquiries or requests about the meeting and voting, shareholders can reach ExGen Resources Inc. through the following contacts:
Contact: Jason Tong
Position: Chief Financial Officer
Email: jason@catapultgroup.ca
Phone: 604-889-7827
About ExGen Resources
ExGen Resources is dedicated to accelerating projects within the mining industry by forming strategic partnerships and joint ventures. This method significantly reduces the financial risks associated with exploration while maximizing potential rewards. The company aims to develop a diverse portfolio, representing different commodity groups across various exploration stages. Currently, ExGen operates seven projects located in both Canada and the United States.
Frequently Asked Questions
What is the reason for the mailing delay for shareholders?
The mailing delays are due to a strike by the Canadian Union of Postal Workers, affecting the distribution of proxy-related materials.
When is the ExGen Resources annual general meeting scheduled?
The annual general meeting is scheduled for November 14, 2025, at 11:00 am MST.
How can shareholders access proxy-related materials?
Shareholders can access proxy-related materials electronically via SEDAR+ and by requesting copies through email during the postal strike.
What are the main items on the meeting agenda?
The agenda includes the approval of financial statements, election of directors, appointment of auditors, and potential re-approval of the stock option plan.
How can shareholders vote if they experience issues with mail delivery?
Shareholders can obtain their voting control numbers electronically and participate in voting through alternate methods, including internet voting or contacting their brokerage for assistance.
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