Granada Gold Mine 2017 AGM Results
Granada Gold Mine 2017 AGM Results
ROUYN-NORANDA, QC
,
April 28, 2017
/CNW/ - Granada Gold Mine Inc. (TSX-V: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada")
announces the results of the 2017 Annual General Meeting of Shareholders (the "Meeting") held on
Friday, April 28, 2017
.
The following individuals were elected directors of the Company:
Frank J. Basa
,
Jacques F. Monette
,
Ronald Goguen
and
Dianne Tookenay
. Shareholders also
approved the re-appointment of McGovern, Hurley, Cunningham, Chartered Accountants, as auditors of the Company and continuation of the Company's 10%
rolling stock option plan.
Following the Meeting, the Board of Directors re-appointed the following as officers of the Company:
Frank J. Basa:
Chairman, President and Chief Executive Officer
Thomas P. Devlin:
Chief Financial Officer
Tina Whyte:
Corporate Secretary
Frank J. Basa
,
Jacques F. Monette
and
Ronald Goguen
were appointed members of the Audit Committee for the ensuing year with Mr. Basa as Chairman.
About Granada Gold Mine Inc.
Granada Gold Mine Inc. (formerly Gold Bullion Development Corp.) is developing the Granada Gold Property near
Rouyn-Noranda, Quebec
. The property includes
the former
Granada
gold mine which produced more than 50,000 ounces of gold in the 1930's before a fire destroyed the surface buildings. The highly prolific
Cadillac Trend cuts through the north part of the property. The Cadillac Trend has been the source of more than 50 million ounces of gold produced in the past
century on a line running from
Val-d'Or
to
Rouyn-Noranda
.
The Company has obtained all necessary permits for the initial mining phase known as the "Rolling Start" for which stripping has already begun, and has been
conducting exploration drilling in order to expand the reported mineral resource for the property. Additional information is available at
www.granadagoldmine.com
.
"Frank J. Basa"
Frank J. Basa P. Eng
.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. This news release may contain forward
looking statements including but not limited to comments regarding the
timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward
looking
statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently
anticipated in such statements.
SOURCE
Granada Gold Mine Inc.
View original content: http://www.newswire.ca/en/releases/archive/April2017/28/c3765.html
%SEDAR: 00004087E
For further information:
Frank J. Basa, P. Eng., President and CEO at 1-819-797-4144 or Wayne Cheveldayoff, Investor Relations, at 416-710-2410 or
CO: Granada Gold Mine Inc.
CNW 16:31e 28-APR-17