New Carolin Gold Corp. Announces Results from Annual General and Special Meeting of Shareholders
TSX VENTURE: LAD
VANCOUVER, British Columbia, Jan. 03, 2019 (GLOBE NEWSWIRE) -- New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTCBB: LADFF): New Carolin is pleased to announce the results of its annual general and special meeting of shareholders (the “AGM”) held on Tuesday, December 18, 2018 in Vancouver, Canada. Shareholders voted in favour of all items put forward by the Board of Directors and management of the Company. All five of the individuals nominated for the Board of Directors - Robert L. Thast, Richard T. Gillard, Kenneth R. Holmes, Robert P. Lunde and Christopher Taylor - were elected at the AGM and will serve as directors of the Company for the ensuing year, other than Robert Thast who has resigned from the Board of Directors subsequent to the date of the AGM, as further disclosed in the Company’s press release dated December 26, 2018.
The shareholders of the Company also voted in favour of (i) appointing Crowe MacKay LLP, Chartered Accountants, as auditors of the Company for the ensuing year and authorizing directors to fix the auditors' remuneration; (ii) re-approving the Company's incentive stock option plan; and (iii) approving the re-pricing of certain stock options granted under the Company’s stock option plan.
About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.
For additional information, please visit the Company’s website at www.newcarolingold.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Kenneth R. Holmes"
Phone: (778) 379-1275
Toll Free: 1(855) 891-9185
Web site: www.newcarolingold.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
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 the accuracy of this press release.
Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.