The six nominees as proposed by the Company were elected to the board. The directors are Mr.
McGovern, Hurley, Cunningham, LLP Chartered Accountants, were re-appointed as auditors for the Company for the ensuing year.
The shareholders approved, with approximately 90% majority of votes cast at the meeting, a resolution ratifying the shareholder rights plan of the Company, and re-approved the 10% rolling stock option plan of the Company in accordance with the policies of the
Disclosure Regarding Forward-Looking Statements: This press release contains certain "Forward-Looking Statements" within the meaning of applicable securities legislation. We use words such as "might", "will", "should", "anticipate", "plan", "expect", "believe", "estimate", "forecast" and similar terminology to identify forward looking statements and forward-looking information. Such statements and information are based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and information and accordingly, readers should not place undue reliance on such statements and information. Risks and uncertainties are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. While the Company believes that the expectations expressed by such forward-looking statements and forward-looking information and the assumptions, estimates, opinions and analysis underlying such expectations are reasonable, there can be no assurance that they will prove to be correct. In evaluating forward-looking statements and information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward looking statements and forward-looking information.
FOR FURTHER INFORMATION PLEASE CONTACT:
Duran Ventures Inc. Jeffrey Reeder(647) 302-3290 Duran Ventures Inc. Dan Hamilton(416) 867-1591 firstname.lastname@example.org Source: Duran Ventures Inc.