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VANCOUVER, British Columbia, Nov. 22, 2023 (GLOBE NEWSWIRE) — Monument Mining Restricted (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Firm”) is happy to announce the outcomes from its Annual Common Assembly of shareholders held on November 22, 2023 in Vancouver, B.C.
Resolutions tabled on the Annual Common Assembly as proposed within the Data Round dated on October 11, 2023 had been all handed with greater than 79% “For” for every and overwhelming participation, together with: appointing Grant Thornton LLP as auditors; and fixing the variety of board members for the guaranteeing yr at six, being Graham Dickson, Cathy Zhai, Zaidi Harun, Michael John Kitney, Dato’ Sia Hok Kiang, and Jean-Edgar de Trentinian. Every decision and every nominee of the board of administrators have been authorised by a overwhelming majority of the shares voted.
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Graham Dickson, Chairman of the assembly commented, “We wish to thank all of the shareholders that participated by voting on this yr’s assembly. Monument has achieved an excellent milestone yr, because it centered on executing and finishing the development of the flotation plant on the Selinsing gold mine in Malaysia. Our staff will proceed in fiscal 2024 to work strategically and creatively to give attention to creating and rising mineral belongings to create a stronger Firm for all stakeholders.”
Monument Mining Restricted (TSX-V: MMY, FSE: D7Q1) is a longtime Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Undertaking within the Murchison space of Western Australia. It has 20% curiosity in Tuckanarra Gold Undertaking collectively owned with Odyssey Gold Ltd in the identical area. The Firm employs roughly 220 folks in each areas and is dedicated to the best requirements of environmental administration, social duty, and well being and security for its workers and neighboring communities.
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Cathy Zhai, President and CEO
Monument Mining Restricted
Suite 1580 -1100 Melville Avenue
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION go to the corporate website at www.monumentmining.com or contact:
Richard Cushing, MMY Vancouver T: +1-604-638-1661 x102 firstname.lastname@example.org
“Neither TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.”
This information launch consists of statements containing forward-looking details about Monument, its enterprise and future plans (“forward-looking statements”). Ahead-looking statements are statements that contain expectations, plans, goals or future occasions that aren’t historic information and embody the Firm’s plans with respect to its mineral tasks, expectations concerning the completion of the ramp-up interval to focus on manufacturing stage at Selinsing and the timing thereof, expectations concerning the Firm’s persevering with capability to supply explosives from suppliers, expectations concerning completion of the proposed storage shed and ammonium nitrate depot and the timing thereof, and the timing and outcomes of the opposite proposed packages and occasions referred to on this information launch. Typically, forward-looking data will be recognized by means of forward-looking terminology equivalent to “plans”, “expects” or “doesn’t anticipate”, “is predicted”, “price range”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or state that sure actions, occasions or outcomes “might”, “might”, “would”, “may” or “will probably be taken”, “happen” or “be achieved”. The forward-looking statements on this information launch are topic to numerous dangers, uncertainties and different elements that would trigger precise outcomes or achievements to vary materially from these expressed or implied by the forward-looking statements. These dangers and sure different elements embody, with out limitation: dangers associated to basic enterprise, financial, aggressive, geopolitical and social uncertainties; uncertainties concerning the outcomes of present exploration actions; uncertainties within the progress and timing of improvement actions, together with these associated to the ramp-up course of at Selinsing and the completion of the proposed storage shed and ammonium nitrate depot; uncertainties and dangers associated to the Firm’s capability to supply explosives from suppliers; overseas operations dangers; different dangers inherent within the mining trade and different dangers described within the administration dialogue and evaluation of the Firm and the technical reviews on the Firm’s tasks, all of which can be found underneath the profile of the Firm on SEDAR at www.sedar.com. Materials elements and assumptions used to develop forward-looking statements on this information launch embody: expectations concerning the estimated money price per ounce of gold manufacturing and the estimated money flows which can be generated from the operations, basic financial elements and different elements which may be past the management of Monument; assumptions and expectations concerning the outcomes of exploration on the Firm’s tasks; assumptions concerning the longer term value of gold of different minerals; the timing and quantity of estimated future manufacturing; assumptions concerning the timing and outcomes of improvement actions, together with the ramp-up course of at Selinsing and the completion of the proposed storage shed and ammonium nitrate depot; expectations that the Firm will proceed to have the ability to supply explosives from suppliers in a well timed method; prices of future actions; capital and working expenditures; success of exploration actions; mining or processing points; change charges; and all the elements and assumptions described within the administration dialogue and evaluation of the Firm and the technical reviews on the Firm’s tasks, all of which can be found underneath the profile of the Firm on SEDAR at www.sedar.com. Though the Firm has tried to establish necessary elements that would trigger precise outcomes to vary materially from these contained in forward-looking statements, there could also be different elements that trigger outcomes to not be as anticipated, estimated or supposed. There will be no assurance that such statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking statements. The Firm doesn’t undertake to replace any forward-looking statements, besides in accordance with relevant securities legal guidelines.
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