- Canstar Resources Inc. (TSXV: ROX) (OTC Pink: CSRNF) approved all resolutions at its recent AGM, including expanding the board and amending stock options.
- Nyla Beth Gawel joins the board, bringing significant expertise from top Fortune 500 companies.
- Robert Bruggeman transitions to the Advisory Board, ensuring continued strategic involvement.
Canstar Resources Inc. (TSXV: ROX) (OTC Pink: CSRNF) has announced the successful approval of all resolutions at its Annual General and Special Meeting held on April 15, 2025. Shareholders sanctioned the expansion of the board of directors to five members, introducing Nyla Beth Gawel, alongside James Clare, Jacqueline Allison, Neil Burns, and J. Paul Austin III.
Significant approvals at the meeting included the reappointment of MNP LLP as the company's auditor and an increase in the maximum number of common shares reserved for stock options from 11,025,366 to 14,884,138. The company also implemented a new By-law No. 1.
Nyla Beth Gawel adds over 20 years of strategic planning experience, having held senior leadership roles at several Fortune 500 companies, including Booz Allen Hamilton, SAIC, and Verizon. Her appointment is poised to bring invaluable insights and expertise to the board.
In a planned transition, former CEO and director Robert Bruggeman will join Canstar's Advisory Board. His continued involvement is anticipated to inform and direct the company's strategic initiatives effectively, leveraging his vast industry experience.
Canstar Resources Inc. continues its focus on exploring critical minerals and gold, particularly through its Golden Baie Project and other high-grade mineral projects in the Buchans and Mary March areas.