Northern Gold Announces Results of Annual and Special Meeting of Shareholders
Not for Dissemination in the United States or over United States Newswire Services
TORONTO, ONTARIO September 19, 2014 – NORTHERN GOLD MINING INC. (TSX-‐V: NGM) (“Northern Gold” or the “Company”) announces that at the annual and special meeting of shareholders (the “Meeting”) held on September 18, 2014, all resolutions proposed to shareholders were duly passed, including the re-‐ election of Nuno Brandolini, Patrick Culhane, Eric Moeller and Martin Shefsky as Directors of the Company. The detailed results of the vote for the directors of the Company are set out as follows:
| Nominee | Votes For | % For | Votes Withheld | % Withheld |
|---|---|---|---|---|
| Mr. Nuno Brandolini | 89,668,643 | 99.54 | 415,100 | 0.46 |
| Mr. Patrick Culhane | 89,768,481 | 99.65 | 315,262 | 0.35 |
| Mr. Eric Moeller | 89,317,481 | 99.15 | 766,262 | 0.85 |
| Mr. Martin Shefsky | 89,400,743 | 99.24 | 683,000 | 0.76 |
Shareholders also voted in favour of all other items of business. The detailed results of the vote for the re-‐ appointment of the auditors of the Company and the amendments to the articles of incorporation of the Company are set out as follows:
| Resolution | Votes For | % For | Votes Withheld | % Withheld |
|---|---|---|---|---|
| To appoint auditors of the Company for the ensuing year and to authorize the directors of the Company to fix their remuneration; | 99,676,949 | 99.66 | 341,833 | 0.34 |
| To consider, and if deemed advisable, to pass, with or without variation, a special resolution amending the Company’s articles of incorporation to consolidate each of the issued and outstanding common shares without par value of the Company by changing each twelve (12) common shares without par value of the Company, or such lesser amount as the directors of the Company may determine, into one (1) common share without par value of the Company (1:12) | 88,461,600 | 98.20 | 1,622,143 | 1.80 |
Mr. Eric Moeller, President and Chief Executive Officer, commented "The overwhelming shareholder approval for a twelve for one reverse split of Northern Gold Mining Inc. shares will allow the Company the flexibility it needs to manage its capitalization structure. I will only consider doing this if it makes sense for the shareholders and the Company, and if I am confident that there is sufficient news to propel share price going forward."
Please refer to the Report of Voting Results filed by the Company on SEDAR at www.sedar.com.
About Northern Gold
Northern Gold is a TSXV-‐listed gold company based in Toronto, Ontario. The Company’s main focus is the exploration and development of its prospective mineral properties at the Golden Bear Project in the Larder Lake Mining Division, northeastern Ontario. Northern Gold has a portfolio of advanced exploration projects, including the Jonpol and Garrcon Deposits and the Buffonta Property. Recent transactions, including the amalgamation with Victory Gold Mines Inc. and acquisition of the Lac Minerals Property add to the Company’s regional consolidation strategy along the Destor-‐Porcupine Fault Zone.
Martin Shefsky President & Chief Executive Officer Tel: 647.297.8793 Email: [email protected]
Web site: www.northerngold.ca
Neither the TSX-‐V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-‐V) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved of the information contained herein.