Frontline Gold-Results of Annual and Special General Meeting of Shareholders
28 Maio 2013 - 4:23PM
Marketwired Canada
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Frontline Gold Corporation (TSX VENTURE:FGC) ("Frontline" or the "Company")
announces the results of its Annual and Special General Meeting of Shareholders
(the "Meeting") held on May 28, 2013 in Toronto, Ontario. At the Meeting,
shareholders approved all resolutions put before them by management including
the election of all director nominees, the re-appointment of the auditors, the
re-approval of the Company's share incentive plan, the approval of proposed
share consolidation resolution and the approval of the article amendment to
change the province of the registered office of the Company.
Results of Annual and Special General Meeting
Election of the Board of Directors
The shareholders elected to fix the number of directors at seven (7). In
addition, the director nominees as listed in the Information Circular dated May
1st, 2013 were elected as directors of Frontline at the meeting as follows:
Directors Votes For Votes Withheld
------------------------------------------------------------
Walter Henry 32,661,608 1,052,018
(96.9%) (3.1%)
Tom Hussey 32,176,680 1,536,946
(95.4%) (4.6%)
Gregory Isenor 32,204,586 1,509,040
(95.5%) (4.5%)
James Patterson 32,684,060 1,029,566
(96.9%) (3.1%)
Darryl Sittler 33,125,255 588,371
(98.3%) (1.7%)
Appointment of Auditors
The shareholders re-appointed Morgan & Company, Chartered Accountants as the
Company's auditor and authorized the directors to fix the auditors remuneration.
Share Incentive Plan
The shareholders re-approved the Company's share incentive plan.
Share Consolidation
The shareholders approved the resolution to consolidate the Company's issued and
outstanding common shares on a 10 for 1 basis, or by such lower consolidation
ratio as may be determined by the Board of Directors and as may be required to
obtain approval from the TSX Venture Exchange.
The share consolidation resolution was approved based on 33,437,054 shares voted
for (97% of shares voted) the consolidation.
Article Amendment
The shareholders approved the special resolution amending the Articles of the
Company to change the province of the registered office of the Company.
Corporate Update
Officer Appointments
The Board has also reappointed the following individuals as officers of the Company:
Walter Henry: President and Chief Executive Officer
Gregory Isenor: Vice-President, Exploration
Tom Hussey: Chief Financial Officer
About Frontline Gold Corporation
Frontline is a Canadian junior mineral exploration company with an experienced
discovery team and a proven record of accomplishment. The Company's flagship
properties include the Menderes gold project in the Izmir province of Western
Turkey and the Niaouleni gold project in southern Mali in the heart of West
Africa's prolific gold belt. Ongoing Canadian exploration includes the Poly
(gold VMS) and the Stewart (gold-copper porphyry) projects.
For further information, please visit the Company's website at
www.frontlinegold.com to view the most recent corporate presentation.
This news release contains forward-looking statements, which address future
events and conditions, which are subject to various risks and uncertainties. The
Company's actual results, programs and financial position could differ
materially from those anticipated in such forward-looking statements as a result
of numerous factors, some of which may be beyond the Company's control. These
factors include: the availability of funds; the timing and content of work
programs; results of exploration activities and development of mineral
properties, the interpretation of drilling results and other geological data,
the uncertainties of resource and reserve estimations, receipt and security of
mineral property titles; project cost overruns or unanticipated costs and
expenses, fluctuations in metal prices; currency fluctuations; and general
market and industry conditions.
Forward-looking statements are based on the expectations and opinions of the
Company's management on the date the statements are made. The assumptions used
in the preparation of such statements, although considered reasonable at the
time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.
Walter Henry, President & CEO
FRONTLINE GOLD CORP.
FOR FURTHER INFORMATION PLEASE CONTACT:
Frontline Gold Corporation
Walter Henry
(416) 362-9100
(416) 362-9300 (FAX)
info@frontlinegold.com
www.frontlinegold.com
Frontline Gold (TSXV:FGC)
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