Gespeg Announces Result of Annual General Meeting and Grant of Options
Press‐release 2013‐05
GESPEG ANNOUNCES RESULT OF ANNUAL GENERAL MEETING AND GRANT OF OPTIONS
Saskatoon, Saskatchewan, April 8, 2013 – GESPEG COPPER RESOURCES INC. (TSX‐V: GCR) (the “Company” or “Gespeg”), is pleased to announce that all the resolutions proposed at its Annual General Meeting of shareholders of the Company held on April 4, 2013 (the “Meeting”) were duly passed. Shareholders have elected Sylvain Laberge, Andrew Davidson, Denis Clement, Victor Goncalves and Timothy Termuende to the Company’s board of directors.
At the Meeting, shareholders reappointed Ernst & Young LLP, Chartered Accountants, as auditor of the Company. Shareholders have adopted a new 10% “rolling” stock option plan dated for reference February 25, 2013 (the “2013 Option Plan”). The 2013 Option Plan is subject to approval of the TSX Venture Exchange.
The Company also announces that it has granted incentive stock options to certain directors, officers, consultants and employees of the Company to purchase up to 2,700,000 common shares in the capital of the Company (the “Shares”) pursuant to the 2013 Option Plan. The options are exercisable on or before April 4, 2018 at an exercise price of $0.15 per Share. The grant of options is subject to TSX Venture Exchange approval.
About Gespeg Copper Resources Inc.: Gespeg is an exploration company with a focus on copper, especially in a grossly underexplored region “Gaspé, Québec”. With a dedicated management team, the Company’s goal is to create shareholder wealth through the discovery of new deposits.
For more information:
Sylvain Laberge
President and CEO
514.702.9841 [email protected]
Victor Goncalves
Vice‐President Business Development
204.997.5517 [email protected]
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.