Loyalist Exploration Limited (CSE: PNGC) has announced plans to change its corporate name to Loyalist Mining Inc. and adopt a new stock symbol, LOYM, on the Canadian Securities Exchange. The proposed changes are designed to better reflect the company's operational focus on mineral development, particularly its flagship Tully Gold Project in Timmins, Ontario. Shareholders will vote on the name change at the company's Annual General and Special Meeting scheduled for December 4, 2026, while the ticker change remains subject to CSE approval.

Key Points

  • Loyalist Exploration Limited (CSE: PNGC) is a Canadian mineral exploration company focused on the Timmins Gold Camp of northeastern Ontario.
  • The company intends to change its name to Loyalist Mining Inc. and its stock symbol from PNGC to LOYM.
  • Shareholder approval requires a two-thirds supermajority at the December 4, 2026 Annual General and Special Meeting; the record date was set at October 29, 2026.
  • Investors should watch for CSE approval of the ticker change and the announcement of the effective date and new CUSIP number.

Name and Symbol Changes Aimed at Reflecting Mining Focus

Loyalist Exploration Limited stated in the announcement that the proposed transition to the Loyalist Mining Inc. name is intended to better align its corporate identity with the direction of its business. The accompanying stock symbol change from PNGC to LOYM is designed to complement the rebranding. The company noted that further details, including the effective date of both changes and a new CUSIP number, will be disclosed in due course. The Stock Symbol Change remains subject to approval by the Canadian Securities Exchange, and no timeline for that regulatory review was provided in the release.

Shareholder Vote Set for December 4, 2026

To proceed with the name change, the company must obtain a special resolution approved by not less than two-thirds of votes cast by eligible shareholders at the Annual General and Special Meeting on December 4, 2026. The board of directors fixed October 29, 2026 as the record date, determining which shareholders are entitled to receive notice of and vote at the meeting. The release did not specify how management intends to solicit shareholder support, nor did it disclose the company's current share count or any other voting mechanism details beyond those outlined above.

Tully Gold Project Remains Central to Loyalist's Strategy

Loyalist's 100%-owned Tully Gold Project, located in the Timmins Gold Camp of northeastern Ontario, continues to serve as the company's flagship asset. The release describes Tully as a growing underground gold project supported by an Indicated and Inferred Mineral Resource Estimate, favourable infrastructure, and a modern geological model. The company also holds three additional Timmins-area exploration properties — DeSantis, Gold Rush, and Loveland — and states its strategy is to advance Tully toward production while evaluating opportunities to expand its broader portfolio of mineral assets.