VAL-D'OR, QUEBEC -- (Marketwired) -- 06/13/13 -- Abitibi Royalties Inc. (TSX VENTURE: RZZ) (hereinafter "Abitibi Royalties" or the "Company") announces the results of its Annual General Meeting of Shareholders (the "Meeting") held on June 12, 2013, in Montreal, Quebec. At the Meeting, shareholders approved all resolutions put before them by management, including the election of all director nominees, the appointment of the auditor, and the approval of the previously adopted stock option incentive plan, as required annually by the policies of the TSX Venture Exchange.
Each of Messieurs Glenn J. Mullan, Andrew T. Pepper, Chad Williams, and Dr. C. Jens Zinke shall service the Company as directors until the next annual general meeting of shareholders. Messrs. Williams, Pepper, and Zinke are considered to be independent.
About Abitibi Royalties Inc.: Abitibi Royalties holds 100% interest in the Luc Bourdon and Bourdon West Prospects in Ontario and a 30% free-carried interest in the Malartic CHL Property near Val-d'Or, Quebec which is the object of a joint venture with Osisko Mining Corp. ("Osisko"). In addition, the Company holds a 2% net smelter royalty interest in one additional claim held by Osisko, and may acquire and generate other property and royalty interests.
Forward Looking Statements:
This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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 news release.
Abitibi Royalties Inc.
Glenn J. Mullan
819-824-2808, x 204
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