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Fremont Announces Name Change to Hayasa Metals Inc. – StockTitan





Fremont Gold (TSXV: FRE) (OTCQB: FRERF) announced its name change to Hayasa Metals Inceffective November 6, 2024, with the new ticker symbol “HAY”. The TSXV-approved change reflects the company’s focus on the Armenian properties Vardenis and Urasar. The name change does not affect the share structure or shareholder rights and no exchange of share certificates is required. At the October 22nd general meeting, shareholders re-elected five directors and approved a new comprehensive equity compensation plan allowing stock options for up to 10% of the outstanding shares and performance-based awards for up to 5,818,809 shares.

Fremont Gold (TSXV: FRE) (OTCQB: FRERF) has announced its name change Hayasa Metals Inccon effetto dal novembre 2024, con il nuovo simbolo azionario “HAY”. The modification, approved by the TSXV, reflects the company’s focus on the Armenian properties of Vardenis and Urasar. Il cambio di nome non fifuersce sulla structure zionaria o sui diritti degli azionisti, e non è necessaria alcuna substitution dei certificati zionari. During the financial meeting on 22 October, the shareholders elected five members of the board of directors and approved a new omnibus equitable compensation plan, che consente opzioni su azioni fino al 10% delle azioni emesse e premi basati sulle performance fino a 5. 818 .809 asions.

Fremont Gold (TSXV: FRE) (OTCQB: FRERF) announced su cambio de nombre a Hayasa Metals Incwhich takes effect on November 6, 2024, with the new action symbol “HAY”. The change, approved by the TSXV, reflects the focus of the company on the Armenian properties of Vardenis and Urasar. The change of name does not affect the structure of shares nor the rights of shareholders, and does not require the exchange of certificates of shares. At the shareholders’ annual meeting on October 22, five directors were reelected and a new omnibus capital compensation plan was approved, which allows share options of up to 10% of issued shares and performance-based awards de hasta 5,818,809 actions.

Fremont gold (TSXV: FRE) (OTCQB: FRERF) 2024, 11, 6, 6 years Inc로 마이스 아이니니다 하니다, 마이스트이스트니다 ‘HAY’ is announced. TSXV’s approval of this change reflects the company’s assets in Armenia. 이이 사지은 사이스타이나 주주 아이에 미치지 이지의 미치지지, 사이이이서 그리이 이니니다. At the annual general meeting on October 22nd, the shareholders approved a new general stock compensation plan allowing for the reelection of 5 directors and the granting of stock options and options for up to 10% of the issued shares and 5,818,809 performance-based awards. .

Fremont Gold (TSXV: FRE) (OTCQB: FRERF) name change announcement Hayasa Metals Inceffective November 6, 2024, with the new ticker symbol “HAY”. The changement apprové par la TSXV reflects l’orientation de l’entreprise vers les properties armeniennes de Vardenis et Urasar. Le changement de nom n’affecte pas la structure des shares ni les droits des shareholders, et aucun échange de certificats d’actions n’est requis. Lors de l’assemblée générale annuelle du 22 octobre, les shareholders ont réélu quinc administratoreurs et apprové un nouveau de compensation plan en shares omnibus, possibilit des options sur shares allant jusqu’à 10 % des shares émises et des récompenses base sur la performance pouvant attention to 5,818,809 actions.

Fremont Gold (TSXV: FRE) (OTCQB: FRERF) kündigte seine Umbenennung in Hayasa Metals Inc an, die am 6. November 2024 wirksam wird, mit dem neuen Aktiensymbol ‘HAY’. Die von der TSXV approved Änderung spiegelt den Fokus des Unternehmens auf die armenischen Immobilien Vardenis und Urasar wider. Die Namensänderung has keine Einführungs auf die Aktienstruktur oder die Rechte der Aktionäre, und ein Austausch von Aktienzertifikaten ist nicht erforderlich. Auf der Hauptversammlung am 22. Oktober wählten die Aktionäre fün Direktoren wieder und grantehmigten einen neuen omnibus Aktienvergütungsplan, der Optionen auf bis zu zu 10% der ausgegebenen Aktien und leistungsbasierte Prämien von bis zu 5,818,80 9 Aktien zulässt.











Vancouver, British Columbia–(Newsfile Corp. – November 1, 2024) – Fremont Gold Ltd. (TSXV: FRE) (OTCQB: FRERF) (FSE: FR20) (“Hayasa” or “Company“) is pleased to announce that the TSX Venture Exchange (“TSXV“) approved the company’s name change from Fremont Gold Ltd. to Hayasa Metals Inc.

When the markets open on November 6, 2024, the Company’s common stock will begin trading under the new name Hayasa Metals Inc. and the new ticker symbol “HAY”. The company’s new CUSIP number is 420634107 and its new ISIN number is CA4206341071. The name change was approved by a decision of the Company’s board of directors on September 13, 2024.

There is no consolidation of the Company’s share capital in connection with the name change. As a result, shareholders are not required to exchange their existing share certificates for new certificates bearing the new name of the Company. The name change does not affect the Company’s share structure or the rights of the Company’s shareholders, and no further action is required by existing shareholders.

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The Board believes that the name change is necessary to more closely associate the company with Armenia and our flagship properties: Vardenis and Urasar. “We are particularly pleased to continue to prioritize our capital in the drill and as such have not spent much at all on the rebranding effort. While some scammers may have their own interpretation of the logo, we think we’ve got a pretty decent result and we’re looking forward to launching the new website on or around November 6,” said Joel Sutherland, CEO.

The Company also announces that all resolutions have been passed at its annual general meeting of shareholders held in Vancouver on October 22, 2024 (“OS“).

All nominees for election as directors of the Company listed in the Company’s information circular dated September 13, 2024 were re-elected for the following year and the number of directors was fixed at five. Accordingly, Joel Sutherland, Dennis Moore, Michael Williams, Randall Chatwin and Jason Libenson were elected as directors of the Company.

DeVisser Gray LLP, Chartered Professional Accountants, were reappointed as the Company’s auditors for the coming year.

The Company’s Omnibus Equity Compensation Plan (“Omnibus plan“) was also approved at the general meeting. The omnibus plan includes the possibility to issue stock options (“Options“), restricted share units (“RSUs“), efficiency share units (“power supplies“) and deferred units (“DSU“, and together with Options, RSUs, PSUs, “Awards“). The maximum number of Common Shares that may be issued with respect to Options will not exceed 10% of the total number of Common Shares in issue at the time an Option is granted and the total number of Common Shares issuable with respect to RSUs, PSUs and DSUs (total “Performance-based rewards“) will not exceed 5,818,809. The Omnibus Plan has a “rolling” limit in connection with the grant of Options because the number of shares of common stock reserved for issuance pursuant to the grant of Options will automatically increase as the number of shares issued and outstanding increases the Company’s share capital The Omnibus Plan will replace the Company’s existing stock option plan All options currently issued and outstanding under the Company’s existing stock option plan will continue to be exercisable by the Omnibus Plan.

A copy of the Omnibus Plan and additional details are included in the Company’s information circular prepared for the Meeting and filed under the Company’s SEDAR+ profile at www.sedarplus.com.

About Fremont Gold Ltd.

The Company’s mine discovery management team is experienced in creating shareholder value and has assembled a highly prospective portfolio of potential first-order copper-gold mineral opportunities in the Central Tethyan Mineral Belt of Armenia. The Tethyan belt is one of the most prolific gold, copper and polymetallic mineral belts in the world, but the Armenian part of the belt is extremely underexplored.

On behalf of the Board of Directors,

Neither the TSX Venture Exchange nor its regulatory service provider (as that term is defined in the TSX Venture Exchange Policies) accepts responsibility for the adequacy or accuracy of this announcement.

To view the original version of this press release, please visit https://www.newsfilecorp.com/release/228601








FAQ



When will Fremont Gold (FRERF) start trading under its new name Hayasa Metals?

Fremont Gold will begin trading as Hayasa Metals Inc. under the new symbol “HAY” on November 6, 2024.


Does the name change of Fremont Gold (FRERF) to Hayasa Metals require shareholders to exchange their certificates?

No, shareholders are not required to exchange their existing share certificates as the name change does not affect the company’s share structure or shareholder rights.


What is the new CUSIP and ISIN number for Fremont Gold (FRERF) after its name change to Hayasa Metals?

The new CUSIP number is 420634107 and the new ISIN number is CA4206341071.


What was approved at Fremont Gold’s (FRERF) AGM in October 2024?

Shareholders approved the re-election of five directors, reappointed DeVisser Gray LLP as auditors and approved a new comprehensive equity compensation plan.





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