R7 Capital Announces Adjournment of Special Meeting of Jaxon's Shareholders

VANCOUVER, BC / ACCESSWIRE / August 9, 2024 / R7 Capital Ventures Ltd. (the "Concerned Shareholder") has announced that the special meeting of shareholders of Jaxon Mining Inc. (the "Company") scheduled for August 9, 2024, has been adjourned to August 30, 2024, at 10:00 a.m. (Pacific Time). The meeting will take place at 2900 - 733 Seymour Street, Vancouver, British Columbia.

The Concerned Shareholder convened the meeting under section 167(8) of the British Columbia Business Corporations Act to elect a new Board of Directors for the Company. The delay was prompted by late proxy submissions and some international shareholders not receiving meeting materials on time, affecting their ability to vote by the deadline.

The adjournment is intended to ensure all shareholders have the opportunity to participate in the decision-making process. Executed proxies must be submitted to the Company's transfer agent by 10:00 a.m. (Pacific Time) on August 28, 2024, following the instructions in the information circular dated July 9, 2024.