Quebec Precious Metals Announces Results of Annual Shareholders Meeting, Grants Deferred Share Units and Stock Options

Montreal, QC / ACCESSWIRE / July 17, 2024 / Quebec Precious Metals Corporation (TSXV:CJC)(FSE:YXEP)(OTCQB:CJCFF) ("QPM" or the "Corporation") has announced the results of its annual shareholders' meeting held on July 16, 2024. Shareholders approved all resolutions, including the election of Geneviève Ayotte, Normand Champigny, Wanda Cutler, and James Shannon as directors, and the appointment of KPMG LLP as auditors.

The Corporation reported issuing 1,145,000 deferred stock units (DSUs) under its Deferred Share Unit Plan. Of those, 1,070,000 DSUs were granted to directors and officers, and 75,000 to one employee. These DSUs vest according to the grant agreements and one year from the grant date.

Additionally, the Corporation granted 30,000 stock options to one consultant, allowing the purchase of common shares at $0.10 per share. These options are exercisable over two years and vested immediately.