All Proxy Proposals Pass
CHEYENNE, Wyo.,
April 29,
2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold,"
the "Company," "we," "our" or "us") (NASDAQ: USAU), today announced
the results of the Company's annual shareholder meeting that was
held virtually on April 26, 2024 at
9:00 AM MT.
The following proposals were approved by the Company's
shareholders at the meeting:
- Election of five directors (Luke
Norman, George Bee,
Robert Schafer, Michael Waldkirch and Johanna Fipke), to hold office until the next
annual meeting of shareholders or until their respective successors
have been duly elected and qualified; and
- Ratification on the appointment of Marcum, LLP as U.S.
Gold's independent registered public accountant for the fiscal year
ending April 30, 2024.
Luke Norman, the Company's
Chairman, stated, "We are pleased that all the proxy proposals
passed successfully at our Annual Shareholder Meeting. On behalf of
U.S. Gold Corp., our Board and the entire management team, I would
like to personally thank all of our shareholders for taking the
time to vote and I look forward to working closely with our
incoming Board and continuing to create value for our shareholders
to move the Company forward in the advancement of our CK Gold
Project in Wyoming and our
exploration projects, the Keystone Project in Nevada and Challis Gold Project in
Idaho. I would also like to thank
Ms. Tara Gilfillan, who was not up
for re-election, for her contributions to the Board during her
tenure as a director."
About U.S. Gold Corp.
U.S. Gold Corp. is a publicly traded, U.S.-focused gold and
copper exploration and development company. U.S. Gold Corp. has a
portfolio of exploration properties. Our CK Gold Project is located
in Southeast Wyoming and has a
Preliminary Feasibility Study technical report, which was completed
by Gustavson Associates, LLC. Our Keystone exploration property is
on the Cortez Trend in Nevada. Our
Challis Gold Project is located in Idaho. For more information about U.S. Gold
Corp., please https://www.usgoldcorp.gold/.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release are forward-looking
within the meaning of the Private Securities Litigation Reform Act
of 1995. These statements may be identified by the use of
forward-looking words such as "anticipate," "believe," "forecast,"
"estimated," and "intend," among others. These forward-looking
statements include statements related to the advancement of our
projects and our expectation to continue creating shareholder
value. There are a number of factors that could cause actual events
to differ materially from those indicated by such forward-looking
statements. These factors include, but are not limited to, risks
arising from: market and other conditions, the prevailing market
conditions for metal prices and mining industry cost inputs,
environmental and regulatory risks, COVID-19 risks, changes in
interpretations of geological, geostatistical, metallurgical,
mining or processing information, risks faced by junior companies
generally engaged in exploration activities, whether U.S. Gold
Corp. will be able to raise sufficient capital to develop the CK
Gold Project and implement future drilling programs, the success or
failure of future drilling programs, and other factors described in
the Company's most recent Annual Report on Form 10-K, Quarterly
Reports on Form 10-Q, and Current Reports on Form 8-K filed with
the Securities and Exchange Commission, which can be reviewed at
www.sec.gov. The Company has based these forward-looking statements
on its current expectations and assumptions about future events.
While management considers these expectations and assumptions to be
reasonable, they are inherently subject to significant business,
economic, competitive, regulatory, and other risks, contingencies,
and uncertainties, most of which are difficult to predict and many
of which are beyond the Company's control. The Company undertakes
no duty to correct or update any information contained herein.
For additional information, please contact:
U.S. Gold Corp. Investor Relations
+1 800 557 4550
ir@usgoldcorp.gold
www.usgoldcorp.gold
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SOURCE U.S. Gold Corp.