Big Ridge Gold Corp. Announces Results of Voting at Annual Meeting of Shareholders
Toronto, Ontario—(Newsfile Corp., December 24, 2025) – Big Ridge Gold Corp. (TSXV: BRAU; OTCQB: ALVLF) reported that its annual and special meeting of shareholders, held on December 23, 2025, resulted in the approval of all resolutions submitted at the meeting.
Key Outcomes
| Item | Result |
|---|---|
| Re‑election of the Board | All five directors – Kristina Bates, Mike Bandrowski, Nick Tintor, Richard J. Mazur, and Paul Pint – were re‑elected. |
| Auditors | The company’s auditors were re‑appointed. |
| Share Option Plan | Shareholders approved the company’s amended and restated share option plan (the Amended SOP). The plan, effective December 23, 2025, supersedes the version approved in 2022. |
Amended Share Option Plan
The Amended SOP is a rolling plan. Under its terms, the maximum number of common shares reserved for issuance at any time may not exceed 10 % of the company’s issued and outstanding common shares. The plan permits the issuance of stock options to bona fide directors, officers, employees, management‑company employees, consultants, or company consultants.
Context
Big Ridge Gold Corp. is a junior gold exploration and development company operating assets across Canada. The company’s primary focus is advancing its Hope Brook gold project in Newfoundland toward production. As of December 22, 2025, the company’s share price closed at CAD 0.26, with a 52‑week high of CAD 0.28 and a 52‑week low of CAD 0.06. The market capitalization is CAD 75 380 000.
The approval of the Amended SOP provides the company with a flexible mechanism to attract and retain talent while maintaining a disciplined dilution cap, supporting its ongoing exploration and development activities.
