Val-d'Or, Québec, June 17, 2019 - International Prospect Ventures Ltd. (TSX-V:IZZ) (the "Company") announces the results of its annual general meeting of shareholders held in Montréal, Québec, on June 17, 2019.
At the meeting shareholders elected five incumbent directors, being Dr. Scott Jobin-Bevans, Glenn J. Mullan, Andrew T. Pepper, Dr. Robert I. Valliant and Dr. C. Jens Zinke. Shareholders appointed MNP LLP as the Company's auditor for the ensuing year.
Following the shareholder meeting, the Board reconstituted its Audit Committee and its Compensation and Corporate Governance Committee. The Board also appointed officers for the ensuing year as follows:
President & Chief Executive Officer: Glenn J. Mullan
Chief Financial Officer & Corporate Secretary: Rico De Vega
Vice President, Exploration: Scott Jobin-Bevans
The Company's Board has granted incentive stock options to its directors, officers, employees and consultants entitling the purchase of an aggregate 450,312 common shares at a per share price of $0.16 for a period of five years.
This news release contains certain statements that may be deemed “forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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