Proactive Investors - Run By Investors For Investors

RNC Minerals shares on the rise after shareholders approve all matters at annual general meeting

The firm said shareholders approved all items at its annual general meeting held in Toronto on Wednesday
Beta Hunt gold
RNC has a number of projects on the go, including 100% ownership of the producing Beta Hunt gold and nickel mine in Western Australia

RNC Minerals (TSE:RNX) announced shareholders have approved all items at its annual general meeting held in Toronto, including electing six directors, the company announced Wednesday. 

RNC's shares jumped 13.5% on Thursday morning in Toronto to C$0.59.

Shareholders elected six directors: Peter Goudie, Scott M. Hand, Paul Huet, Wendy Kei, Frank Marzoli and Warwick Morley-Jepson. 

READ: RNC Minerals added to prestigious MVIS Global Junior Gold Miners Index

The firm noted PricewaterhouseCoopers LLP has been re-appointed as auditor of the company for the next year. Shareholders also included RNC's share incentive plan. 

The Toronto-based company has a number of assets, which include 100% ownership of the producing Beta Hunt gold and nickel mine in Western Australia as well as a stake 28% stake in the JV that owns the Dumont Nickel Project located in the established Abitibi mining camp in Quebec. 

Earlier this week, the firm announced it had been added to a prestigious junior gold miner index. The MVIS Global Junior Gold Miners Index tracks the performance of the most liquid junior companies in the gold and silver mining industry. 

In order to qualify, companies must have a full market capitalization of at least US$150 million, a three-month average daily trading volume of at least US$1 million and at minimum 250,000 shares traded per month over the last six months.

Contact Katie Lewis at [email protected]

View full RNX profile View Profile

RNC Minerals Timeline

Related Articles

1553096936_W-Resources---Michael-Masterman.jpg
June 28 2019
W Resources is about to make a name for itself as a serious European-based supplier of tungsten
beta hunt stone
June 10 2019
The company's Beta Hunt gold mine housed bonanza gold nuggets unlike anything most miners have seen in their lifetime, but it's RNC's nickel asset that could be the real game-changer
electric car charging
April 09 2019
The Vancouver-based junior company has a unique business model that has the potential to disrupt a $6 billion market dominated by Chinese production

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use