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Radisson Mining Resources Inc (2)
Symbol RDS
Shares Issued 452,658,891
Close 2026-06-11 C$ 0.86
Market Cap C$ 389,286,646
Recent Sedar+ Documents

Radisson Mining shareholders approve AGM resolutions

2026-06-11 23:00 ET - News Release

Mr. Matt Manson reports

RADISSON ANNOUNCES RESULTS OF ITS ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Radisson Mining Resources Inc. has released the results of its annual and special meeting of shareholders (AGM), held on June 11, 2026. Shareholders voted in favour of all items of business, including the election of each director nominee, the appointment of the auditor, the reapproval of its omnibus equity incentive plan and the adoption of a new shareholder rights plan. A total of 189,311,186 votes were represented at the AGM, amounting to 43.62 per cent of the company's Class A shares issued and outstanding as of the record date. Directors re-elected to the board were Pierre Beaudoin, Lise Chenard, Michael Gentile, Michel Leclerc, Peter MacPhail, Matt Manson, Jeff Swinoga and Cindy Valence. Subsequent to the AGM, Mr. Beaudoin was reappointed as chairperson of the board of directors.

Voting results will be filed on SEDAR+.

Appointment of independent auditor

Shareholders approved the reappointment of Raymond Chabot Grant Thornton LLP as the company's independent auditor for 2026 and authorized the board of directors to fix the auditor's remuneration.

Omnibus equity incentive plan reapproval

In addition, shareholders reapproved the company's omnibus equity incentive plan, originally adopted in 2025. The omnibus plan provides a best-practice framework to attract and retain personnel through a comprehensive range of equity-based awards.

Under the omnibus plan, a rolling 10-per-cent share reserve will apply to all awards, including stock options, restricted share units (RSUs), performance share units (PSUs) and deferred share units (DSUs). The total number of common shares reserved for issuance under the omnibus plan, at any time, will not exceed 10 per cent of the company's issued and outstanding common shares.

A full copy and summary of the omnibus plan is available in the company's management information circular dated May 5, 2026, which can be accessed under Radisson's profile on SEDAR+ and on the company's website.

Shareholder rights plan

As a final item of business, shareholders also approved the adoption of a shareholder rights plan, which replaces the company's previous plan renewed in 2024. The shareholder rights plan is intended to ensure the fair treatment of shareholders in the context of unsolicited takeover bids and to provide the board of directors with adequate time to evaluate and respond to such proposals. The shareholder rights plan remains subject to the final acceptance of the TSX Venture Exchange.

Grant of equity incentives

Subsequent to the AGM, the board of directors authorized the grant of an aggregate of 2,758,181 stock options to directors, officers, employees and consultants of the company. The options have an exercise price of 86 cents per share, are exercisable for common shares of the company for a period of five years from the date of grant, and vest as follows: one-third on the date of grant, one-third on the first anniversary of the date of grant and one-third on the second anniversary.

In addition, the board of directors authorized the grant of an aggregate of 381,976 RSUs to officers of the company and 372,095 DSUs to directors of the company. The RSUs vest as follows: one-third on the first anniversary of the date of grant, one-third on the second anniversary and one-third on the third anniversary. The DSUs vest on the first anniversary of the date of grant. The options, RSUs and DSUs were granted in accordance with the omnibus plan.

About Radisson Mining Resources Inc.

Radisson is a gold exploration company focused on its 100-per-cent-owned O'Brien gold project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Quebec. A July, 2025, PEA (preliminary economic assessment) described a low-cost and high-value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated mineral resources are estimated at 630,000 ounces (oz) (3.49 million tonnes (t) at 5.59 grams per tonne (g/t) gold (Au)), with additional inferred mineral resources estimated at 1.69 million oz (10.37 million t at 5.08 g/t Au). Please see the National Instrument 43-101 report, entitled "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Quebec, Canada," effective June 27, 2025, Radisson's news release dated March 2, 2026, "With Step-Out Drilling Continuing, Radisson Demonstrates Meaningful Resource Growth at O'Brien with an Updated Mineral Resource Estimate," and other filings made with Canadian securities regulatory authorities available on SEDAR+ for further details and assumptions relating to the O'Brien gold project.

We seek Safe Harbor.

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