VAL-D'OR, QUEBEC -- (Marketwired) -- 06/27/13 -- Threegold Resources Inc. (TSX VENTURE: THG) ("Threegold" or the "Corporation") is pleased to announce the results of its Annual General Meeting ("AGM"), which was held on June 20, 2013.
At the AGM, the shareholders voted 95% in favour of the proposed board, stock option plan, and By-Law 2013-1 resolutions. Close to 40% of the outstanding shares were voted. Mr. Alain Berclaz, Mr. Victor Goncalves and Mr. Richard Tanguay were re-elected to the board, along with election of two (2) new board members, Mr. Peter Ball and Mr. Francois Dumont.
"I want to thank Octavio Soares and Andre Lebel for their extraordinary services and dedication to Threegold, and appreciate that Mr. Soares will remain in an advisory role to the Corporation", commented Victor Goncalves, President of Threegold. "I also want to welcome Peter Ball and Francois Dumont to the Board. Peter and Francois bring an excellent balance of mining and corporate experience to the board, and I look forward to working closely with each of them going forward. Their extensive experience will assist the Board and our management team continue to focus of delivering shareholder value going forward."
Mr. Peter Ball brings over 20 years experience as a mining professional including senior management roles in finance, securities trading, mine engineering, business development, corporate communications, public relations and marketing throughout North and South America, Asia and Europe. Mr. Ball began his career in the late 1980s working as a mining engineer, a technical representative, and various management and senior executive roles for numerous mining companies including Hudson Bay Mining & Smelting, Eldorado Gold Corporation, Adriana Resources Inc., and Century Mining Corporation. Mr. Ball currently holds the position of EVP Corporate Development of Argentex Mining Corporation since 2011, where he also assumed the role of Interim-President for eight (8) months during a management change in 2012. Mr. Ball is a graduate of the Haileybury School of Mines and Georgian Business College.
Mr. Francois Dumont achieved success for two decades as a senior executive with major North American multinationals, which operated in the computing / electronics and the telecommunication / internet industries. Mr. Dumont became a private entrepreneur involved with assisting multiple junior companies focused in electronics, telecom and green technologies. Mr. Dumont participates on different boards contributing by implementing efficiency and optimization strategies through the use of appropriate and often-innovative technologies and streamlined processes throughout North and South America.
Threegold brings a highly qualified technical team with extensive exploration experience, including previous gold discoveries in Quebec, Canada. Along with a strong management team that brings extensive mining, financial and public corporation expertise, and a diverse portfolio of high-quality exploration and development assets, the Company is focused on mitigating shareholder risk through exploration partnerships and strategic relationships.
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 INFORMATION
This news release contains certain forward-looking statements that involve risks and uncertainties, such as statements of Threegold's plans, objectives, strategies, expectations and intentions. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to Threegold, or its management, are intended to identify such forward looking statements. Many factors could cause Threegold's actual results, performance or achievements to be materially different any future results, performance or achievements that may be expressed or implied by such forward looking statements. The forward looking statements included in this press release represent Threegold's views as of the date of the release. While Threegold anticipates that subsequent events and developments may cause its views to change, it specifically disclaims any obligation to update these forward looking statements, except in accordance with applicable securities laws. Accordingly, readers are advised not to place undue reliance on forward looking information. All subsequent written and oral forward looking statements attributable to Threegold or persons acting on its behalf are expressly qualified in their entirety by this notice.
Mr. Victor Goncalves
President and CEO
Threegold Resources Inc.
Mr. Jorge Orellana
Threegold Resources Inc .
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