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All directors were re-elected to the Board and, at the directors’ meeting following the shareholders’ meeting, management was re-appointed for the ensuing year. John O’Donnell continues to preside as Chairman, President and Chief Executive Officer, while
The Company is also pleased to announce a new corporate presentation has been filed on SEDAR (www.sedar.com) accompanying this press release and on the Company’s website (afrnuventure.com). Also filed is the amended stock option plan which was approved by the shareholders. The plan was amended to comply with the new requirements of the
The Company has entered into a diamond drill contract with respect to its proposed program on its project in
On behalf of the Board of Directors,
“John F. O’Donnell”
John F. O’Donnell, Chairman and CEO
For more information on the Company, investors should review the Company's filings on SEDAR atwww.sedar.com and our website atwww.afrnuventure.com.
Neither
This news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward-looking statements" (within the meaning of the
Such statements include, among others, those concerning, the Company's exploration and reporting plans, including the commencement of its diamond drilling program.. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management's expectations regarding its ability to initiate and complete future exploration work as expected and acquire and finance other projects. Actual results could differ materially due to a number of factors, including, without limitation, operational risks in the completion of the Company's future exploration work, technical, safety or regulatory issues,social and market conditions related to the COVID-19 global pandemic; the worldwide economic and social impact of COVID-19; the duration and extent of COVID-19; changes in general economic conditions; the imposition of government restrictions on business related to COVID-19, any positive cases of COVID-19 at a project site or in the area which may cause a reduction or suspension in operations and activities which may ultimately affect and delay the exploration timeline, and the new potentially worldwide geopolitical and economic uncertainties resulting from the currentwidely followed crisis in
Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company's securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.
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