Eureka Announces 2017 Agm Results
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TSXV – EUK
WKN: 875742
ISIN : CA2986551018
EUREKA ANNOUNCES 2017 AGM RESULTS
Vancouver, British Colu mbia, May 1, 2017 - Eureka Resources Inc. (“Eureka” or the
“Company”) announces the results of its Annual General Meeting (the “AGM”) held April
28, 2017.
2017 AGM RESULTS
The following individuals were elected di rectors of the Company: Warren Stanyer,
Michael Sweatman, John Kerr, Kristian Whitehead and Gary Vivian.
Gary Vivian, P. Geo., was newly elected to the board of director s. Mr. Vivian is a
geologist with over 40 years’ experience in mineral exploration. Gary has worked across
Canada in NB, QC, ON, MB, SK, AB, BC, YT, NU and NT. His management skills have
been applied to large explor ation programs combining drill management, geology and
geophysics using an integrated and systematic appr oach. He is the Chairman of Aurora
Geosciences Ltd.
The Company’s shareholders also appr oved the reappointment of Davidson and
Company LLP, Chartered Prof essional Accountants, as aud itor of the Company, and
the continuation of the Company's rolling stock option plan.
Following the AGM, the board of directors reappointed the following individuals as
officers of the Company:
• Michael Sweatman, President and Chief Executive Officer;
• Brent Petterson, COPA, CGA, Chief Financial Officer;
• Kristian Whitehead, Vice President Exploration; and
• Christina Boddy, Corporate Secretary.
Messrs. Sweatman, Kerr, and Stanyer were appointed members of the audit committee,
and Messrs. Vivian, Sweatman, and Kerr we re appointed to the compensation
committee for the ensuing year.
The board of directors has also approved the grant of 200,000 stock options to a
director, at a price of $0.10, and valid for a 5 year period.
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ABOUT EUREKA
Eureka is an exploration focused compan y based in Vancouver, British Columbia,
whose strategy is to acquire projects in prospective areas that have the potential to
deliver important new discoveries to create value for its shareholders.
British Columbia, Canada
Eureka’s 100% owned FG Gold property is an advanced-stage gold project located in
the Cariboo Mining Division and currently under option to Canarc Resources Corp
(TSXV: CCM). Historical exploration has established a Measured and Indicated
(376,000 ounces) gold resource at an average grade of 0.776 g/t gold, using a cut-off
grade of 0.5 g/t, and an Inferred gold resource (634,900 ounces) at an average grade of
0.718 g/t gold, using a cut-off grade of 0.5 g/t. Details of the gold resource can be found
in “NI 43-101 Technical Report, Frasergold Exploration Project, Cariboo Mining Division,
dated July 27, 2015” availabl e under the Company’s prof ile on SEDAR or on the
Company’s website.
Eureka has the option to earn a 100% interest in the Gold Creek property located in the
Cariboo Mining Division. Gold Creek is a gr assroots gold project neighbouring, and with
similar geology to the Spanis h Mountain deposit ow ned by Spanish Mountain Gold Ltd.
(TSXV: SPA).
Yukon Territory, Canada
Eureka’s 100% owned Luxor property consis ts of three non-contiguous claim blocks
totalling 360 mining claims. Luxor is loca ted in the Dawson Range Gold Belt/ White
Gold, a district of major porphyry, breccia and vein occurrences.
Eureka’s 100% owned TAK property is also located in the Dawson Range Gold Belt and
consists of 82 mining claims.
Neighbouring properties to Luxor and TAK include the Co ffee deposit recently acquired
by Goldcorp.
Nevada, USA
Eureka owns a 50 percent interest in the Gemini lithium br ine project located
approximately 40 km (26 miles) south of North America’s only producing lithium mine at
Silver Peak, Nevada.
Kristian Whitehead P.Geo and John Kerr P. Eng. are the Co mpany's designated
Qualified Persons for this news releas e within the meaning of NI 43-101 and
haves reviewed and approved the technical information described in this news
release.
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Further information on Eureka can be found on the Company’s website at
www.eurekaresourcesinc.com and at www.s edar.com, or by contacting Michael
Sweatman, President and CEO, by email at info@eur ekaresourcesinc.com or by
telephone at (604) 449-2273.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this
release.
Cautionary Statement Regarding Adjacent Properties and Forward-Looking Information
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not
historical facts. Forward-looking statements involve risks, unc ertainties, and other factors that could cause actual results,
performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking
statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to the
terms of the Offering and the business and operations of th e Company. Forward-looking statements are necessarily based
on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,
uncertainties and other factors which may cause actual results and future events to differ materially from those expressed
or implied by such forward-looking statements. Such factors include, but are not limited to: failure to obtain TSXV approval
for the Offering, general business, economic and social uncertainties; litigation, legislative, environmental and other judicial,
regulatory, political and competitive developments; delay or failure to receive board or regulatory approvals; those
additional risks set out in the Company’s public documents filed on SEDAR at www.sedar.com; and other matters discussed
in this news release. Although the Company believes that the assumptions and factors used in preparing the forward-
looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the
date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all.
Except where required by law, the Company disclaims any intent ion or obligation to update or revise any forward-looking
statement, whether as a result of new information, future events, or otherwise.