Vancouver, B.C. (June 11, 2024) – Canterra Minerals Corporation (TSXV:CTM) (OTCQB: CTMCF) (“Canterra” or the
“Company”) is pleased to announce the results from the Annual General and Special Meeting of shareholders (the
“Meeting”) which was held on June 11, 2024 in Vancouver, British Columbia.
A total of 65,728,457 shares or 44.17% of the outstanding shares of the Company were represented in person or by proxy and were voted at the Meeting and voted overwhelmingly in favour of all the matters submitted to the
shareholders for approval as set out in the Company's Notice of Meeting and Management Information Circular dated May 3, 2024 (the “Circular”).
The nominees for directors were elected as set out in the following table:
Director Votes % For
Chris Pennimpede 65,701,474 99.96%
Andrew Farncomb 65,697,474 99.95%
Josh Serfass 65,675,374 99.92%
Nick Coleman 65,686,474 99.94%
Michael Power 65,679,474 99.93%
Joanne Kearney 65,701,474 99.96%
Chris Pennimpede, President and CEO of Canterra commented, “I would like to welcome Joanne as an official member of the Board of Directors. We look forward to her insights and contributions that she will add to the team
as we continue to grow the Company as a premier critical minerals explorer in central Newfoundland.”
Annual General and Special Meeting
The term of office for the current board of directors expired at the Meeting; all five of the directors were nominated for re-election and will continue on the board of directors for another term with shareholder approval. Joining them
is newly elected director Joanne Kearney, who joined Canterra earlier in the year as a technical advisor and brings
more than 20 years of experience advising Canada’s mining and capital market industries with a focus on
transactional communications, corporate affairs and crisis management (see news release dated March 18, 2024 for
further details). Shareholders also approved the appointment of Davidson & Company LLP as auditors of the
Company for the ensuing year and authorizing the directors to fix their remuneration.
At the Meeting, shareholders also approved the Company’s Omnibus Incentive Plan (the “Plan”) to replace the
Company’s former stock option plan. The Plan is a “rolling up to 10%” share-based compensation plan pursuant to
which up to an aggregate of 10% of the Company’s common shares issued and outstanding may be reserved for
issuance under it and any other security-based compensation plans of the Company, in the form of stock options,
restricted share units (“RSUs”) and deferred share units (“DSUs”). At the time of approval, up to 14,881,512 sharebased compensation can be issued under the Plan, with 1,845,210 available for issuance. A copy of the Plan and
further details are included in the Circular which is available under the Company’s profile on SEDAR+ at
www.sedarplus.ca. The Plan remains subject to the final acceptance of the TSX Venture Exchange.
About Canterra Minerals