News Column

Radisson Mining Resources Announces Election Of Directors

Jun 12 2013 12:00AM



ROUYN-NORANDA, QUEBEC -- (Marketwired) -- 06/12/13 -- Radisson Mining Resources Inc. (Radisson or the Company)(TSX VENTURE: RDS) is pleased to announce that the five nominees listed in its Management Information Circular dated May 6, 2013, were elected as directors of the Company at the Annual and Special Meeting of Shareholders held in Rouyn-Noranda on June 6, 2013.

At the meeting, the shareholders were represented in person or by proxy by 39,651,642 Class A shares, or 56.08% of the 70,703,540 Class A shares outstanding.

Based on proxies received and votes cast by show of hands, the following persons were elected directors of the Company for the next two years. The voting results are presented below:

---------------------------------------------------------------------------- Number % of % ofNominee of votes for votes for Abstentions abstentions----------------------------------------------------------------------------Mario Bouchard 34,862,243 94.47 2,042,025 5.53----------------------------------------------------------------------------Michel Garon 34,862,243 94.47 2,042,025 5.53----------------------------------------------------------------------------Donald Lacasse 33,834,243 94.01 2,155,025 5.99----------------------------------------------------------------------------Denis Lachance 34,856,993 94.45 2,047,275 5.55----------------------------------------------------------------------------Luc Simoneau 34,856,993 94.45 2,047,275 5.55----------------------------------------------------------------------------

Among other resolutions in the Information Circular, the shareholders also decided to re-appoint professional accounting firm Deloitte & Touche S.E.N.C.R.L as auditors of the Company.

Finally, they ratified By-law10-2013 requiring advance notice of thirty (30) days for nomination of a director.

Grant of options

Radisson Mining Resources, in accordance with the Company's Stock Option Plan, announces the grant of incentive stock options to six of its seven directors to purchase up to 75,000 Class A shares. The options are exercisable at a price of $0.10 per share over a period of five years ending June 12, 2018.

Neither the TSX Venture Exchange or 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.

Mario Bouchard
President and CEO

Donald Lacasse, Eng.
Vice President, CFO and Secretary-Treasurer

Source: Marketwire

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters