on Magna Terra Minerals Inc. (isin : CA5592712007)
Magna Terra Minerals Inc. Shareholder Meeting Outcomes
On February 27, 2025, Magna Terra Minerals Inc. confirmed the successful passage of all resolutions proposed at its annual and special meeting. All nominated directors were elected. Notably, Michael Byron, Patricia Kajda, and Gernot Wober received unanimous support with 100% of votes in favor. Lewis Lawrick was nearly unanimously elected with 99.77% of votes.
Additionally, McGovern Hurley LLP continues as the Company's auditors. The meeting also ratified the Company's stock option plan. Consequently, Magna Terra has granted 1,850,000 stock options to select officers, directors, and consultants. These options permit purchasing shares at $0.075 per unit within five years, vesting over 18 months.
The outcomes reflect Magna Terra's strategic focus on exploration and maintaining shareholder value.
R. P.
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