$YGTFF $YGT.V Gold Terra Announces 2025 Annual Gen
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Posted On: 06/10/2025 7:26:58 AM
$YGTFF $YGT.V Gold Terra Announces 2025 Annual General and Special Meeting Results and Corporate Update
https://www.accessnewswire.com/newsroom/en/me...at-1037341
VANCOUVER, BC / ACCESS Newswire / June 10, 2025 / Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQB:YGTFF) ("Gold Terra" or the "Company"
announces that all matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular which were mailed to shareholders in connection with the meeting, were approved at the Company's Annual General and Special Meeting held in Vancouver, BC, on June 4, 2025.
The shareholders elected Gerald Panneton (Chair), Paul Bonneville, Patsie Ducharme, Laurie Gaborit, and Hellen Siwanowicz as directors of the Company for the forthcoming year.
Shareholders approved the reappointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, as the auditor of the Company for the ensuing year with their remuneration to be fixed by the board of directors.
Shareholders also approved the Company's 10% rolling stock option plan. Currently there is only less than 25% of the plan (or less than 10 million stock option) being used to attract and keep talented employees, and consultants. The company stock option plan does not have any option pricing below $0.10.
2025 Exploration Update
In 2025 to date, Gold Terra has realized the following important milestones:
Wedge hole GTCM25 056A on the Con Mine Option property has confirmed the presence of the Campbell Shear at a vertical depth of 2,580 metres below surface (see May 25, 2025 press release).
Recently completed a private placement of C$ 2.4 million.
Closed a C$ 2.0 million payment on the first tranche with an early exercise by Osisko Royalties, a strong endorsement of Gold Terra's gold potential in the Yellowknife region.
For the remainder of the year, Gold Terra is preparing for its next round of drilling targeting the Campbell Shear between surface and 1,000 metres below surface, and preparing to explore the Campbell Shear south and north of the town of Yellowknife.
For current resource estimates please refer to the October 21, 2022 technical report, titled "Initial Mineral Resource Estimate for the CMO Property, Yellowknife City Gold Project, Yellowknife, Northwest Territories, Canada" with an effective date of September 2, 2022, by Qualified Person, Allan Armitage, Ph. D., P. Geo., SGS Geological Services, which can be found on the Company's website at https://www.goldterracorp.com and on SEDAR at www.sedarplus.com
The technical information contained in this news release has been reviewed and approved by Joseph Campbell, a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects and Senior Technical Advisor for the Company.
https://www.accessnewswire.com/newsroom/en/me...at-1037341
VANCOUVER, BC / ACCESS Newswire / June 10, 2025 / Gold Terra Resource Corp. (TSXV:YGT)(Frankfurt:TX0)(OTCQB:YGTFF) ("Gold Terra" or the "Company"
announces that all matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular which were mailed to shareholders in connection with the meeting, were approved at the Company's Annual General and Special Meeting held in Vancouver, BC, on June 4, 2025. The shareholders elected Gerald Panneton (Chair), Paul Bonneville, Patsie Ducharme, Laurie Gaborit, and Hellen Siwanowicz as directors of the Company for the forthcoming year.
Shareholders approved the reappointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, as the auditor of the Company for the ensuing year with their remuneration to be fixed by the board of directors.
Shareholders also approved the Company's 10% rolling stock option plan. Currently there is only less than 25% of the plan (or less than 10 million stock option) being used to attract and keep talented employees, and consultants. The company stock option plan does not have any option pricing below $0.10.
2025 Exploration Update
In 2025 to date, Gold Terra has realized the following important milestones:
Wedge hole GTCM25 056A on the Con Mine Option property has confirmed the presence of the Campbell Shear at a vertical depth of 2,580 metres below surface (see May 25, 2025 press release).
Recently completed a private placement of C$ 2.4 million.
Closed a C$ 2.0 million payment on the first tranche with an early exercise by Osisko Royalties, a strong endorsement of Gold Terra's gold potential in the Yellowknife region.
For the remainder of the year, Gold Terra is preparing for its next round of drilling targeting the Campbell Shear between surface and 1,000 metres below surface, and preparing to explore the Campbell Shear south and north of the town of Yellowknife.
For current resource estimates please refer to the October 21, 2022 technical report, titled "Initial Mineral Resource Estimate for the CMO Property, Yellowknife City Gold Project, Yellowknife, Northwest Territories, Canada" with an effective date of September 2, 2022, by Qualified Person, Allan Armitage, Ph. D., P. Geo., SGS Geological Services, which can be found on the Company's website at https://www.goldterracorp.com and on SEDAR at www.sedarplus.com
The technical information contained in this news release has been reviewed and approved by Joseph Campbell, a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects and Senior Technical Advisor for the Company.
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