Sulliden Mining Capital Announces AGM Results
Sulliden Mining Capital Announces AGM Results
Press Release – January 23, 2018
Toronto, Ontario, Canada
Sulliden Mining Capital Inc. (“Sulliden” or the “Company”) (TSX: SMC ) reports, in accordance with the
policies of the Toronto Stock Exchange, th at the nominees listed in the Management Information
Circular dated December 15, 2017 for the 2018 Annual and General Meeting of Shareholders of the
Company (the “Meeting”) were elected as directors of the Company. 49.5% of all of the issued and
outstanding shares of the Company were represented at the Meeting.
Detailed results of the vote for the election of directors held at the Meeting on January 17, 2018 in
Toronto, Ontario are set out below.
Election of Directors
The shareholders approved the election as directors of the persons listed below, based on the following
vote.
% Votes For % Votes Withheld
Stan Bharti 98.95% 1.05%
Diane Lai 98.07% 1.93%
Bruce Humphrey 99.98% 0.02%
Pierre Pettigrew 99.29% 0.71%
William Clarke 97.85% 2.15%
Mr. Justin Reid and Mr. Peter Tagliamonte had been nominated as directors but ultimately declined the
nomination as they have left Sulliden to focus on the development of the Troil us Gold Project, which is
held by Sulliden’s largest investee company Troilus Gold Inc. (TSXV: TLG)
Shareholders at the annual meeting also approved the appointment of the Company's auditors.
Sulliden’s board would like to express its gratitude to its shareholders for their continued support.
Update on Emerita Investment
As part of the private placement financing completed by Emerita Resources Corp. (TSX -V: EMO)
(“Emerita”) on December 20, 2017, Sulliden acquired 2,500,000 Emerita common shares and 1,250,000
share purchase warrants, with each warrant entitling Sulliden to acquire one Emeri ta c ommon share
upon payment of $0.20. Details of the financing can be found in Emerita’s press release dated December
20, 2017. Following the private placement and the expiration of 2,000,000 share purchase warrants that
Sulliden previously purchased, Sulliden presently holds 9,610,000 common shares and 2,250,000
warrants. Accordingly, Sulliden’s securityholdings represent approximately 6.84% of Emerita’s issued
and outstanding common shares and 8.30% on a partially diluted basis and Sulliden has ceased to be an
insider of Emerita. Sulliden has filed under Emerita’s profile on SEDAR an early warning report in respect
of these trades.
Sulliden Mining Capital Inc.
For more information:
Deb Battiston
Chief Financial Officer
+1 (416) 861-2267
Cautionary statement regarding forward-looking information
This press release contains "forward -looking information" within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, without limitation, statements regarding the development of the
Troilus Gold Project. Forward-looking information is subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such forward -looking information, including risks inherent
in the mining industry and risks described in the public disclosure of the Company which is available under the
profile of the Company on SEDAR at www.sedar.com and on the Company's website at www.sulliden.com.
Although the Company has attempted to identify important factors that could cause actual results to differ
materially from those contained in forward -looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be
accurate, as actual results and future events coul d differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward -looking information. The Company does not
undertake to update any forward-looking information, except in accordance with applicable securities laws.