Full Metal Minerals Ltd

Published : December 18th, 2013

Full Metal Zinc Announces Results from Annual General Meeting; Management Changes; Amendment to Prev

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Doug Ramshaw
  
T: 604-484-7855
F: 604-484-7155

Full Metal Zinc Ltd.
Suite 1500
409 Granville Street
Vancouver, BC
V6C 1T2

Vancouver, BC December 18th, 2013 - Full Metal Zinc Ltd. (FZ-TSX:V) ( the "Company"is pleased to report that at its Annual General Meeting, held on December 12th, 2013 in Vancouver, British Columbia, Adrian Fleming, Michael Williams, Al Paterson and Cale Moodie were re-elected to the Board of Directors. In addition, Doug Ramshaw and Sergio Covarrubias were elected to the Board.

 

Aaron Keay and Rob McLeod did not stand for re-election to make way for the new appointments. The Board would like to extend its thanks to both Mr. McLeod and Mr. Keay for their service to the Company over the past two years.

 

As part of the Company's reorganization of management, Doug Ramshaw was appointed as President and Chief Executive Officer while Michael Williams, who had been acting in the capacity of interim President and Chief Executive Officer will serve as Executive Chairman. Mr. Ramshaw, a former mining analyst, is a mining geologist who graduated in 1992 from the Royal School of Mines, London and has been involved in raising over $100 million in equity financings for the mining industry during his 20-year career.

 

In addition, shareholders approved both the appointment of KPMG LLP as auditors for the coming year as well as the Company's stock option plan.

 

The Company is in the process of concluding a name change to more accurately reflect its new direction as it proceeds with its planned acquisition of the San Andres silver project in Mexico (see Press Release #2 dated August 29th, 2013).

 

The Company has also sought and received exchange approval for the terms of the financing announced on August 29th to be amended. The financing has been increased to a maximum of $1.15 million (previously $1 million) and the unit has been changed to include a full common share purchase warrant instead of the half-warrant, as previously announced. The unit price and warrant exercise price remain unchanged. The San Andres acquisition and associated financing are both anticipated to close in January 2014.

 

 

 

 
ON BEHALF OF THE BOARD OF DIRECTORS

 

"Doug Ramshaw"

  

Doug Ramshaw                                                        

President and Chief Executive Officer

  

  

For more information please contact:

Doug Ramshaw

  

dr@fullmetalzinc.com

604-484-7855

  

  

 

  

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

  

 

Some statements in this news release contain forward-looking information, including without limitation statements as to planned expenditures and exploration programs. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

  

 

  

 
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Full Metal Minerals Ltd. | 1500-409 Granville Street | Vancouver | BC | V6C 1T2 | Canada
Data and Statistics for these countries : Canada | Mexico | All
Gold and Silver Prices for these countries : Canada | Mexico | All

Full Metal Minerals Ltd

EXPLORATION STAGE
CODE : FMM.V
ISIN : CA35968C4065
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Full Metal is a silver and gold exploration company based in Canada.

Full Metal holds various exploration projects in Canada.

Its main exploration properties are SHUMAGIN/APOLLO and CENTENNIAL PROJECT in USA and ANGIE-CAT, NADALEEN, MOORE CREEK, OG PROPERTY, RUSSIAN MOUNTAIN, HORN MOUNTAIN, PORT MOLLER, CHIGNIK, ROLLING THUNDER, PEBBLE SOUTH, PYRAMID ( ALASKA), 40 MILE, GRIZZLY BUTTE, BOULDER CREEK, TANACROSS and FORTYMILE ALASKA in Canada.

Full Metal is listed in Canada and in United States of America. Its market capitalisation is CA$ 266 892 as of today (US$ 194 386, € 182 334).

Its stock quote reached its highest recent level on December 02, 2005 at CA$ 9.60, and its lowest recent point on February 26, 2016 at CA$ 0.02.

Full Metal has 5 930 940 shares outstanding.

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Financings of Full Metal Minerals Ltd
8/19/2010Closes Tranche 1 of Non-Brokered Financing
8/6/2010Increases Non-Brokered Private Placement Financing
9/12/2008Announces Private Placement Financing
Nominations of Full Metal Minerals Ltd
1/20/2012Zinc Appoints David Petroff to Board of Directors
10/27/2011Zinc Appoints New President & CEO
10/7/2011Appoints Tony Cage to Board of Directors
Project news of Full Metal Minerals Ltd
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8/29/2013Full Metal Zinc Signs Binding Letter of Intent to Acquire th...
5/9/2013and Antofagasta Announce Maiden Inferred Resource Estimate f...
5/1/2013(Pebble South)Sells Interest in Pebble South Property to PLP
9/4/2012and Antofagasta Minerals Expand Pyramid Porphyry Project, Al...
8/21/2012Zinc Fortymile Project Update
8/1/2012Announce 2012 Drill Program Underway at the Pyramid Cu-Au-Mo...
10/5/2011and Antofagasta Minerals S.A Significantly Expand Pyramid Po...
8/4/2011Zinc's Exploration Program underway at the Fortymile Silver-...
6/15/2011and Antofagasta Minerals S.A. Announce that Drilling has Com...
5/30/2011(Tanacross)and Georgetown Commence Drilling at Tanacross Copper-Gold-Mo...
2/23/2011(Fortymile Alaska)Announces Proposed Spinout of Fortymile Zinc Project; Termin...
11/30/2010(Fortymile Alaska)Intersects 4.40 meters True Width Averaging 23.63% Zn, 23.71...
8/17/2010(Lucky Shot)Options an Additional 20% of Lucky Shot Gold Deposit to Harm...
6/2/2010Commences Drilling at the High Grade LWM Deposit and on the ...
8/24/2009(Mt Andrew)Commence Exploration at the Mountain Andrew Copper-Gold Proj...
1/19/2009Identifies New High Grade Silver-Lead-Zinc Mineralization at...
11/11/2008(Moore Creek)and Highbury Drill 5.5 m of 4.28 g/t Au at Moore Creek Gold ...
8/11/2008(Pebble South)Commences Drilling Pebble South Property, Alaska
7/16/2008Intersects 7.7 Meters of 12.7% Zn, 15.6% Pb and 259.6 g/t Ag...
7/7/2008Intersects 68.2 meters True Width Averaging 6.56% Zn, 2.47% ...
5/1/2008(Moore Creek) and Highbury Commence Drilling at Moore Creek Gold Project
4/23/2008(40 Mile)Commences 15,000 Meter Drill Program at 40 Mile Zinc-Lead-Si...
1/16/2008 Advances Regional Targets on 40 Mile Property
12/19/2007 Step-out Drilling Intersects 13.1 Meters Averaging 13.3% Zn...
12/18/2007(Lucky Shot) Expands Extent of Lucky Shot Gold Property, Commissions Und...
Corporate news of Full Metal Minerals Ltd
11/19/2014Strategic Acquisition Consolidating the Unga Island High-Gra...
10/30/2014Redstar Completes Renegotiation of Strategic Acquisition Con...
10/21/2014IIROC Trading Resumption - FMM
10/21/2014Copperbank and Full Metal Announce Completion of Arrangement
10/17/2014Choice Gold, Full Metal and Enexco Spinco Provide Update on ...
8/19/2014Choice Gold, Full Metal and Enexco Spinco Provide Update on ...
3/19/2014Full Metal Signs LOI with International Enexco and Choice Go...
12/18/2013Full Metal Zinc Announces Results from Annual General Meetin...
6/21/2013SEDAR Files Inferred Resource Estimate NI 43-101 Report for ...
11/5/2012and Antofagasta Minerals Expand Pyramid Porphyry Project, Al...
10/22/2012Zinc Expands Soil Anomalies at Fortymile Project, Alaska
9/17/2012Grants Stock Options
4/20/2012from Full Metal Minerals
2/7/2012from Full Metal Minerals
1/17/2012from Full Metal Minerals
7/8/2011Closes Spin-out of Full Metal Zinc and Shareholders to Recei...
6/29/2011Announces Closing Schedule for Spinout of Full Metal Zinc
6/13/2011Options Epithermal Gold Targets to Redstar
5/30/2011Full Metal and Georgetown Commence Drilling at Tanacross Cop...
5/17/2011Stakes Extensive Land Package in the Circle Mining District,...
4/4/2011Announces Terms of Spin-Out of Full Metal Zinc
6/29/2010Stakes Extensive Land Package Targeting White Gold Style Sys...
1/29/2010Underworld and Full Metal Minerals Announce the Sudden Passi...
12/8/2009Intercepts 8.6 g/t Au, 185.6 g/t Ag and 6.03% Cu over 1.0 me...
8/31/2009 Zinc-Lead-Silver Exploration Programs Underway
3/6/2009and Ashburton Discover New Zone at OG; 14.0% Zn, 5.7% Pb and...
6/17/2008Options OG Zinc-Lead-Silver Property to Ashburton Ventures
6/5/2008Expand Porphyry Exploration Program in Alaska
4/24/2008 Acquires Two Extensive Zinc-Lead-Silver Projects, Yukon
2/29/2008 and Kinross Enter into Exploration Alliance in Alaska, Yuko...
2/19/2008Plan $17 million for 2008 Exploration in Alaska and Yukon
1/15/2008Identifies Significant Geochemical and Geophysical Anomalies...
8/2/2007Since going public in May 2004, Full Metal has made three si...
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