VANCOUVER, May 22, 2015 /CNW/ - Flinders Resources
Limited ("Flinders" or the "Company") (TSXV: FDR) announces
that at the Company's Annual General and Special Meeting of
Shareholders held on Thursday, May 21,
2015 (the "Meeting"), Messrs. D. Blair Way, Nick
DeMare, Mark Saxon,
Michael Hudson and Robert Atkinson were elected to serve as
directors of the Company for the ensuing year. In
addition, the following matters were approved at the Meeting:
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(i)
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the ratification of
the Company's 10% rolling stock option plan (the
"Plan");
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(ii)
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the ratification of
an amendment to the Plan to enable the Company to issue stock
options to Eligible Charitable Organizations as such term is
defined in the policies of the TSX Venture Exchange;
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(iii)
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the adoption of new
articles of the Company to ensure consistency with the provisions
of the Business Corporations Act (British Columbia) and to
facilitate the administration of the Company's affairs and reduce
the overhead and administrative costs related to certain matters
all as more particularly described in the Company's management
information circular dated April 15, 2015; and
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(iv)
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the appointment of
D+H Group LLP, Chartered Accountants, as the auditors of the
Company for the ensuing year and the authorization for the
directors of the Company to fix their remuneration.
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Subsequent to the Meeting, the directors appointed Mr. Way as
President and Chief Executive Officer, Mr. DeMare as Chief
Financial Officer and Ms. Mariana
Bermudez as Corporate Secretary of the Company.
Messrs. Atkinson, DeMare and Hudson were appointed as members of
the Audit Committee.
On behalf of the Board,
"Blair Way"
Blair
Way, President and CEO
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
the accuracy of this news release.
SOURCE Flinders Resources Limited