Gungnir Resources Announces AGM Results
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News Release GUG: TSX -V
Gungnir Resources Inc.
Gungnir Resources Announces AGM Results
Vancouver – January 20, 2017 - Gungnir Resources In c. (GUG: TSX-V) (“Gungnir” or the “Company”)
shareholders approved all the resolutions put befor e them at the Company’s Annual General Meeting (the
“AGM”) held on January 19, 2017 in Vancouver, BC.
At the AGM, shareholders voted in favour of resolutions to:
1) Set the number of Directors at four (99.95%);
2) Re-elect Jari Paakki, Chris Robbins, Todd Keast, and Garett Macdonald as Directors for the ensuing
year (> 97.70%);
3) Appoint DeVisser Gary, LLP as the auditors for the ensuing year and authorize the Directors to fix the
auditor’s remuneration (99.93%); and
4) Re-approve the Company’s Stock Option 10% rolling plan (98.09%).
Following the AGM, the Board of Directors re-appointed Mr. Jari Paakki as CEO and Mr. Chris Robbins as CFO
of the Company. The Company has also granted, in co mpliance with the Company's stock option plan,
800,000 incentive stock options to purchase common shares of the Company at $0.05 per share for five ( 5)
years to directors and consultants of the Company.
The Board of Directors would like to thank the shareholders for their ongoing support.
On behalf of the Board,
Jari Paakki, CEO and Director
About Gungnir Resources:
Gungnir Resources Inc. is a Canadian-based TSX-V listed mineral exploration company (GUG: TSX-V) with gold
and base metal permits in northern Sweden within a region hosting 12 million ounces of gold delineated in
existing and mined resources plus several past-prod ucing and producing base metal mines. The Company’s
key gold project, Knaften, is situated at the south ern extension of the “Gold Line” which hosts a numb er of
gold deposits including Faboliden, Barsele and Svar tliden. The Company additionally holds a $5,000,000
royalty stream with five annual advance cash paymen ts of $1,000,000 expected to commence on or before
May 1, 2017. Further information about the Company and its properties may be found at
www.gungnirresources.com or at www.sedar.com .
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 Regarding Forward-Looking Statements: Certain statements made herein may contain forward-looking
statements or information within the meaning of Can adian securities laws. In certain cases, forward-lo oking statements
can be identified by the use of words such as "plan s", "expects", "is expected", "budget", "scheduled" , "estimates",
"forecasts", "intends", "anticipates" or "believes" , or variations of such words and phrases or statem ents that certain
actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieve d", or the negative
of these words or comparable terminology. By their very nature forward-looking statements involve know n and
unknown risks, uncertainties and other factors which may cause the actual performance of the Company to be materially
different from any anticipated performance expresse d or implied by the forward-looking statements. Suc h forward-
looking statements or information include, but are not limited to, statements or information with resp ect to Gungnir
Resources’ plan for future funding, and exploration and development of its properties. Forward-looking statements or
#404-1688 152nd Street, Surrey, BC V4A 4N2 |T: 604.683.0484 |F: 604.683.7497 2
News Release GUG: TSX -V
Gungnir Resources Inc.
information are based on a number of estimates and assumptions and are subject to a variety of risks a nd uncertainties,
which could cause actual events or results to diffe r from those reflected in the forward-looking state ments or
information. Should one or more of these risks and uncertainties materialize, or should underlying est imates and
assumptions prove incorrect, actual results may var y materially from those described in forward-lookin g statements or
information. For example, there is no certainty, th at any economically viable mineral deposit will be located on the
properties, or that the Company will receive or be able to raise sufficient capital to complete all of its exploration
programs. Accordingly, undue reliance should not be placed on forward-looking statements or information. Gungnir does
not expect to update forward-looking statements or information continually as conditions change, excep t as may be
required by securities law.