Golden Cycle Gold Corporation Reports Annual Meeting Results and a Stock Split
15 Junho 2004 - 4:24PM
PR Newswire (US)
Golden Cycle Gold Corporation Reports Annual Meeting Results and a
Stock Split COLORADO SPRINGS, Colo., June 15 /PRNewswire-FirstCall/
-- At the Annual Meeting of the shareholders of Golden Cycle Gold
Corporation (PCX:GCC)(OTC:GCGC) held in Colorado Springs, Colorado,
on June 4, 2004, shareholders approved all resolutions proposed by
management, including approval of an increase in authorized shares
of the Company's common stock to 100,000,000 shares and
ratification of the appointment of Ehrhardt Keefe Steiner &
Hottman, P.C., as independent auditors to audit the books and
records of the Corporation at the close of the current year.
Incumbent directors R. Herbert Hampton, James C. Ruder and Robert
T. Thul were re-elected at the meeting and Dr. Taki N. Anagnoston
and Donald L. Gustafson were elected as new directors. A total of
1,434,914 common shares, 74.9% of all issued and outstanding
shares, were represented at the meeting. "We are very pleased to
welcome Don Gustafson and Dr. Taki Anagnoston to our Board," said
R. Herbert Hampton, president and Chief executive officer of the
company. "Mr. Gustafson is an exploration geologist with 39 years
of experience and past Vice President Exploration of Homestake
International Minerals, 1985-1990. Dr. Anagnoston is an experienced
investor who brings the perspective of a major shareholder to the
board." At the Board of Directors' meeting June 4, 2004,
immediately following the Annual Meeting, the Board of Directors
re-affirmed its decision of January 15, 2004 to split the Company's
Common Stock five for one, and established July 12, 2004 as the
Record Date for the stock split. Golden Cycle Gold Corporation is
listed on the Pacific Exchange, trading under the symbol "GCC" and
also trades in the over the counter market under the symbol "GCGC"
(1,920,950 shares outstanding). This letter includes
forward-looking statements involving risk and uncertainties that
could cause actual results to vary materially from projected
results. These include but are not limited to changing commodity
prices; differences in ore grades and tons mined from those
anticipated; successful mining and milling at currently planned
rates; changes in project parameters as plans continue to be
refined; continued compliance with environmental permits; the
results of current exploration activities and new exploration
opportunities; the conclusion of feasibility studies currently
under way; and the political and economic risks associated with
foreign operations. Please refer to a discussion of these and other
factors in the company's 10-K, 10-Q and other Securities and
Exchange Commission filings which will be provided to you upon
request. DATASOURCE: Golden Cycle Gold Corporation CONTACT: R.
Herbert Hampton, President & CEO of Golden Cycle Gold
Corporation, +1-719-471-9013
Copyright