Red Moon Reports Voting Results from the Annual
General and Special Meeting of Shareholders
St. John’s, Newfoundland and Labrador, August 03, 2021 – Red Moon Resources Inc. (the “Company” or “Red Moon” – TSXV: RMK) announces that all resolutions presented at the July 30, 2021 annual general and special meeting of shareholders were approved including the election of directors. The voting participation rate was 51 per cent of the shares outstanding. The Company thanks its shareholders and their intermediaries for their support and assistance. Detailed results of the election of directors and meeting resolutions are shown in the table below.
| RESOLUTION | FOR | WITHHELD | RESULT |
| Election of the following Directors: | |||
| Patrick Laracy | 37,438,335 | 37,885 | Elected (99.90%) |
| Timothy Rowland Howe | 37,438,335 | 37,885 | Elected (99.90%) |
| Fraser Edison | 37,438,335 | 37,885 | Elected (99.90%) |
| Carson Noel | 37,433,335 | 42,885 | Elected (99.89%) |
| John Anderson | 37,463,335 | 12,885 | Elected (99.97%) |
| Appointment of PricewaterhouseCoopers, Chartered Professional Accountants as Auditors of the Company | 37,446,220 | 30,000 | Approved (99.92%) |
| Ratify and approve the Stock Option Plan | 37,432,110 | 44,110 | Approved (99.88%) |
| Approve the continuance of the Company from the Province of Alberta to the Province of British Columbia. | 37,429,660 | 46,560 | Approved (99.88%) |
Mr. Patrick Laracy, Red Moon CEO, commented, “Now that we have shareholder approval for the corporate juridictional continuance from Alberta into British Columbia, the legal process to execute that move has commenced and, when finalized imminently, the Company will immediately initiate a corporate name change subject to regulatory approval as per our May 13, 2021, news release.”
We seek Safe Harbor.
About Red Moon Resources
Red Moon Resources is an emerging commodities leader in Atlantic Canada, focused on Newfoundland and Labrador, with 100% working interest ownership of the Great Atlantic salt deposit, in addition to a producing gypsum mine, an early-stage nepheline discovery, and strategic ground covering the Fischell’s Brook salt dome and adjacent claims.
For information, please contact:
Patrick J. Laracy, CEO
(709) 754-3186
[email protected]
RedMoonResources.com
MarketSmart Communications Inc.
Adrian Sydenham
Toll-free: 1-877-261-4466
Email: [email protected]
Not for release in the United States or to U.S. newswire services
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations. Certain risk factors beyond the Company’s control may affect the actual results achieved. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except by law, the Company undertakes no obligation to publicly update or revise forward-looking information.