Vancouver, British Columbia (FSCwire) - Gungnir Resources Inc. (GUG: TSX-V) (“Gungnir” or the “Company”) shareholders approved all the resolutions put before them at the Company’s Annual General Meeting (the “AGM”) held on January 19, 2017 in Vancouver, BC.
At the AGM, shareholders voted in favour of resolutions to:
- Set the number of Directors at four (99.95%);
- Re-elect Jari Paakki, Chris Robbins, Todd Keast, and Garett Macdonald as Directors for the ensuing year (> 97.70%);
- Appoint DeVisser Gary, LLP as the auditors for the ensuing year and authorize the Directors to fix the auditor’s remuneration (99.93%); and
- Re-approve the Company’s Stock Option 10% rolling plan (98.09%).
Following the AGM, the Board of Directors re-appointed Mr. Jari Paakki as CEO and Mr. Chris Robbins as CFO of the Company. The Company has also granted, in compliance with the Company's stock option plan, 800,000 incentive stock options to purchase common shares of the Company at $0.05 per share for five (5) years to directors and consultants of the Company.
The Board of Directors would like to thank the shareholders for their ongoing support.
About Gungnir Resources:
Gungnir Resources Inc. is a Canadian-based TSX-V listed mineral exploration company (GUG: TSX-V) with gold and base metal permits in northern Sweden within a region hosting 12 million ounces of gold delineated in existing and mined resources plus several past-producing and producing base metal mines. The Company’s key gold project, Knaften, is situated at the southern extension of the “Gold Line” which hosts a number of gold deposits including Faboliden, Barsele and Svartliden. The Company additionally holds a $5,000,000 royalty stream with five annual advance cash payments of $1,000,000 expected to commence on or before May 1, 2017. Further information about the Company and its properties may be found at www.gungnirresources.com or at www.sedar.com.