Toronto, ON (FSCwire) - Aston Bay Holdings Ltd. (TSX-V: BAY) (“Aston Bay” or the “Company”) is pleased to announce the following updates.
Results of the AGM
At the annual general meeting held October 10, 2017, shareholders approved all resolutions put before them by management, including that the number of directors be set at five, the re-election of Jan-Erik Back, Clifford Boychuk, Michael Dufresne, Ian McPherson and Thomas Ullrich as directors, the re-appointment of the incumbent auditor, and approval of Aston Bay’s previously adopted 10% rolling Stock Option Plan, as required annually by Exchange policies.
Benjamin Cox’s Departure
Aston Bay’s Board of Directors would like to announce the departure of Executive Chairman Benjamin Cox. As the co-founder of Aston Bay, Benjamin has been instrumental in the company’s development over the last six years. “On behalf of the company, I want to thank Benjamin for the enormous part he has played in building the company we have today.” said Thomas Ullrich, Chief Executive Officer and Director of Aston Bay. “We have benefited greatly from Benjamin’s talent, wisdom and experience, and wish him all the best for the future."
Mr. Cox is the senior advisor of alternative finance for Outotec, a provider of leading process technologies and services for metals and mining, industrial water treatment, alternative energy and chemical industries.
About Aston Bay Holdings Ltd.
Aston Bay Holdings Ltd. (TSX.V: BAY) is a publicly traded mineral exploration company exploring for large, high-grade, sediment-hosted copper and zinc deposits in Nunavut, a mining-friendly Canadian jurisdiction. Aston Bay is 100% owner of the 1,024,345-acres (414,537-hectares) Aston Bay Property located on western Somerset Island, Nunavut. The Aston Bay property hosts the Storm Copper Project and the Seal Zinc Prospect, with historical drilling confirming the presence of sediment-hosted copper and zinc mineralization.
