Central Timmins Exploration Corp. Announces
Central Timmins Exploration Corp. Announces
Results of Annual and Special Meeting of
Shareholders
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION,
DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN
OR INTO
THE UNITED STATES
./
TORONTO
,
May 10, 2019
/CNW/ -
Central Timmins Exploration Corp.
("CTEC" or the
"Company") (TSXV: CTEC) today reported that at the annual and special meeting of shareholders
held on
May 9, 2019
, all resolutions proposed to shareholders were duly passed.
A total of 20,557,000 common shares of the Company, representing 40% of the Company's issued
and outstanding common shares as at the record date were voted, in person or by proxy, and the
five nominees listed in the management information circular of the Company dated
April 5, 2019
(the
"Circular") were elected as directors of the Company until the next annual meeting of shareholders.
The results are set out below:
Name of Nominee
Votes Cast FOR
% of Votes Cast FOR
Votes WITHHELD
% of Votes WITHHELD
Neville Dastoor
20,557,000
100%
-
-
Charles Gryba
20,557,000
100%
-
-
Julian Kemp
20,057,000
97%
500,000
3%
Wes Roberts
20,557,000
100%
-
-
John Sullivan
20,057,000
97%
500,000
3%
Also at the meeting, MNP LLP, Chartered Accountants were appointed as the Company's auditors
for the ensuing year and shareholders ratified and approved the stock option plan of the Company,
as attached as Schedule "B" to the Circular.
About Central Timmins Exploration Corp.
CTEC is an early-stage Canadian-based junior exploration company with property exclusively in the
Porcupine Mining District and mainly within the City Limits of
Timmins
in the northeastern region of
Ontario
. The Company's assets are prospective for gold as well as a suite of base metals. See the
company website at
www.centraltimmins.com
.
Forward Looking Information
This press release contains "forward-looking information" within the meaning of applicable securities
laws that is intended to be covered by the safe harbours created by those laws. "Forward-looking
information" includes statements that use forward-looking terminology such as "may", "will", "expect",
"anticipate", "believe", "continue", "potential" or the negative thereof or other variations thereof or
comparable terminology.
Forward-looking information is not a guarantee of future performance and is based upon a number
of estimates and assumptions of management at the date the statements are made. Furthermore,
such forward-looking information involves a variety of known and unknown risks, uncertainties and
other factors which may cause the actual plans, intentions, activities, results, performance or
achievements of the Company to be materially different from any future plans, intentions, activities,
results, performance or achievements expressed or implied by such forward-looking information.
See "Risk Factors" in the Company's final prospectus dated
October 4, 2018
filed on SEDAR at
www.sedar.com
for a discussion of these risks.
The Company cautions that there can be no assurance that forward-looking information will prove to
be accurate, as actual results and future events could differ materially from those anticipated in such
information. Accordingly, investors should not place undue reliance on forward-looking information.
Except as required by law, the Company does not assume any obligation to release publicly any
revisions to forward-looking information contained in this press release to reflect events or
circumstances after the date hereof.
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE
Central Timmins Exploration Corp
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/May2019/10/c1370.html
%SEDAR: 00045664E
For further information:
Central Timmins Exploration Corp., Charles Gryba, President, CEO &
Director, [email protected], Tel: 416-801-6366; Elaine Einarson, Investor Relations,
[email protected], Tel: 604-614-8469
CO: Central Timmins Exploration Corp
CNW 06:00e 10-MAY-19