News Column

Frontline Gold - Results of Annual and Special General Meeting of Shareholders

September 1, 2014



ENP Newswire - 01 September 2014

Release date- 29082014 - Toronto, Ontario - Frontline Gold Corporation (TSX-V: FGC) announces the results of its Annual and Special General Meeting of Shareholders held today August 28, 2014 in Toronto, Ontario.

At the Meeting, shareholders approved all resolutions put before them by management including the election of all director nominees, the re-appointment of the auditors, the re-approval of the Company's share incentive plan and the approval of proposed share consolidation resolution.

Results of Annual and Special General Meeting

Election of the Board of Directors

The shareholders elected to fix the number of directors at seven (7).

Appointment of Auditors

The shareholders re-appointed Morgan & Company, Chartered Accountants as the Company's auditor and authorized the directors to fix the auditors remuneration.

Share Incentive Plan

The shareholders re-approved the Company's share incentive plan.

Share Consolidation

The shareholders approved the resolution to consolidate the Corporation's issued and outstanding common shares on a 10 for 1 basis, or by such lower consolidation ratio as may be determined by the Board of Directors and as may be required to obtain approval from the TSX Venture Exchange.

The share consolidation resolution was approved based on 36,788,652 shares voted for (88% of shares voted) the consolidation.

Article Amendment

The shareholders approved the special resolution amending the Article of the Corporation to change the province of the registered office of the Company.

Corporate Update

Officer Appointments

The Board has also reappointed the following individuals as officers of the Company:

Walter Henry: President and Chief Executive Officer

Gregory Isenor: Vice-President, Exploration

Tom Hussey: Chief Financial Officer

About Frontline Gold Corporation

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Frontline is a Canadian junior mineral exploration company with an experienced discovery team and a proven record of accomplishment. Ongoing Canadian exploration includes the Poly (gold VMS) and the Stewart (gold-copper porphyry) projects, Menderes gold project in the Izmir province of Western Turkey and the Niaouleni gold project in southern Mali in the heart of West Africa's prolific gold belt.

This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control.

These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Contact:

Walter Henry

Tel: (416) 362-9100

Fax: (416) 362-9300

Email: info@frontlinegold.com

Website: www.frontlinegold.com


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: ENP Newswire


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters