Klondike Silver Corp. Annual General and Special Meeting was Held
#711-675 WEST HASTINGS STREET VANCOUVER, B.C. CANADA V6B 1N2 TELEPHONE: 604-685-2222 FAX: 604-685-3764 WWW.KLONDIKESILVER.COM TSX-Venture: KS FSE: K1SN
Klondike Silver Corp. Annual General and Special Meeting was Held
April 17th 2014: Klondike Silver Corp. (TSX-v symbol: KS) (Klondike) is pleased to announce the completion of its Annual General and Special Meeting (AGSM) which was held on Tuesday, April 15th 2014. The Company’s adoption of new articles; the appointment of auditors; the stock option plan; and the appointment of Richard Hughes as a new control person were all approved by shareholders. Richard Hughes, Mark Luchinski, and Tom Kennedy were also elected to the Board of Directors.
Klondike also announces that pursuant to its stock option plan, the Company has granted incentive stock options to its directors, officers, consultants, and employees to purchase in the total of 1,175,000 common shares in the capital stock of the company, subject to regulatory approval, exercisable for a period of five years, at a price of $0.065 per share.
About Klondike Silver Corp.
Klondike Silver Corp. has assembled a quality portfolio of silver properties throughout Canada, most notably, in the historic Slocan Mining District southeastern British Columbia. This historic camp has produced more than 24 million ounces of silver since the first discoveries in the late 1800s. Klondike Silver is the dominant land-holder controlling a majority of the historic camp and the fully permitted, 100% owned “Sandon Milling Complex”. The Company owns ground covering approximately 150 past producing mines and extensive underground structures. The past-producing Silvana, Wonderful, Hinckley Mines, Payne, Rambler, Van Roi/Hewitt, Vulture, Argenta, Jackson Basin, and the Carnation and several other land packages with significant mining potential are all capable of being put back into production at some level, whether it be through the exclusive efforts of Klondike or a joint effort with a partner. Currently Klondike views the Carnation land package and a potential discovery in the “Silver Mile” as its most significant asset.
For additional information please visit the company website www.klondikesilver.com
CONTACT INFORMATION
Corporate Inquiries:
Mark Luchinski: (604) 685-2222 Email: [email protected]
On Behalf of the Board of Directors
Klondike Silver Corp.
"Richard Hughes"
Richard Hughes President and Director
“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”
Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. The production rate and minelife projections have been made without support of a feasibility study, there is no certainty the proposed operations will be economically viable. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.