Vangold Resources Ltd.
VANGOLD RESOURCES LTD. TSX-V: VAN
NEWS RELEASE
VANGOLD ANNOUNCES RESULTS FROM ITS ANNUAL GENERAL MEETING -------------------------------------------------------------------------------------------------------------------------------
March 19th, 2014 – Vangold Resources Ltd’s (TSXV:VAN) (“Vangold” or the “Company”) shareholders approved all resolutions brought before them at the Company’s Annual General Meeting (“AGM”) held in Vancouver, British Columbia on March 12th, 2014.
The Company provides the following report on the voting results of the matters considered at the AGM, the particulars of which are set out in more detail in the Company’s information circular, dated February 5th, 2014:
- Election of Directors: Andrew Rockandel, Dal Brynelsen and Keith Anderson Jr. stood for election and were duly re-elected as directors of the Company for the ensuing year.
- Appointment and Remuneration of Auditors: Davidson and Company, Chartered Accountants were re-appointed as the auditor of the Company for the ensuing year and the directors were authorized to fix their remuneration.
- Approval of amending the Stock Option Plan: Shareholders approved the ratification and amendment of the Company’s 2014 stock option which authorized directors to reserve up to a maximum of 10% of the issued and outstanding shares of the Company.
- Approval of the adoption of new articles of incorporation which provides the Corporation with greater flexibility for future corporate activities and which will result in efficiencies and greater cost-effectiveness.
- Approval of the cancellation of stock options and the subsequent stock option grant to that insider.
The directors held a meeting immediately following the Annual General Meeting and appointed the following officers:
Andrew Rockandel: President and CEO Nick Corea: CFO Anna Serin: Corporate Secretary
Audit Committee:
Andrew Rockandel Dal Brynelsen Keith Anderson Jr.
The Board of Directors would like to thank the shareholders for their continued support. To find out more about Vangold Resources Ltd. please visit our website at www.vangold.ca or contact 778.828.2670 or by email [email protected]
7681 Prince Edward Street, Vancouver, BC, Canada V5X 3R4 T 778.828.2670 • www.vangold.ca VANGOLD RESOURCES LTD. Page 2 of 2
On Behalf of the Board of Directors,
“Andrew Rockandel”
Andrew Rockandel, President and CEO
Disclaimer for Forward Looking Information
This news release includes forward looking statements that are subject to assumptions, risks and uncertainties. Statements in this news release which are not purely historical are forward looking statements, including without limitation any statements concerning the Company's intentions, plans, estimates, expectations or beliefs regarding the future. Although the Company believes that any forward looking statements in this news release are reasonable, there can be no assurance that any such forward looking statements will prove to be accurate. The Company cautions readers that all forward looking statements, including without limitation those relating to the Company's future operations and business prospects, are based on assumptions none of which can be assured, and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward looking statements.
Any forward looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward looking statements, or to update the reasons why actual events or results could or do differ from those projected in the forward looking statements. The Company assumes no obligation to update any forward looking statements, whether as a result of new information, future events or otherwise.
Suite 900 – 595 Howe Street, P.O. Box 10, Vancouver, BC, Canada V6C 2T5 T 604-684-1974 • F 604-685-5970 • www.vangold.ca