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TORONTO, May 10, 2019 /CNW/ - Central Timmins
Exploration Corp. ("CTEC" or the "Company") (TSXV: CTEC)
today reported that at the annual and special meeting of
shareholders held on May 9, 2019, all
resolutions proposed to shareholders were duly passed.
A total of 20,557,000 common shares of the Company, representing
40% of the Company's issued and outstanding common shares as at the
record date were voted, in person or by proxy, and the five
nominees listed in the management information circular of the
Company dated April 5, 2019 (the
"Circular") were elected as directors of the Company until the next
annual meeting of shareholders. The results are set out below:
Name of
Nominee
|
Votes Cast
FOR
|
% of Votes Cast
FOR
|
Votes
WITHHELD
|
% of Votes
WITHHELD
|
Neville
Dastoor
|
20,557,000
|
100%
|
-
|
-
|
Charles
Gryba
|
20,557,000
|
100%
|
-
|
-
|
Julian
Kemp
|
20,057,000
|
97%
|
500,000
|
3%
|
Wes
Roberts
|
20,557,000
|
100%
|
-
|
-
|
John
Sullivan
|
20,057,000
|
97%
|
500,000
|
3%
|
Also at the meeting, MNP LLP, Chartered Accountants were
appointed as the Company's auditors for the ensuing year and
shareholders ratified and approved the stock option plan of the
Company, as attached as Schedule "B" to the Circular.
About Central Timmins Exploration Corp.
CTEC is an early-stage Canadian-based junior exploration company
with property exclusively in the Porcupine Mining District and
mainly within the City Limits of Timmins in the northeastern region of
Ontario. The Company's assets are
prospective for gold as well as a suite of base metals. See the
company website at www.centraltimmins.com.
Forward Looking Information
This press release contains "forward-looking information" within
the meaning of applicable securities laws that is intended to be
covered by the safe harbours created by those laws.
"Forward-looking information" includes statements that use
forward-looking terminology such as "may", "will", "expect",
"anticipate", "believe", "continue", "potential" or the negative
thereof or other variations thereof or comparable terminology.
Forward-looking information is not a guarantee of future
performance and is based upon a number of estimates and assumptions
of management at the date the statements are made. Furthermore,
such forward-looking information involves a variety of known and
unknown risks, uncertainties and other factors which may cause the
actual plans, intentions, activities, results, performance or
achievements of the Company to be materially different from any
future plans, intentions, activities, results, performance or
achievements expressed or implied by such forward-looking
information. See "Risk Factors" in the Company's final prospectus
dated October 4, 2018 filed on SEDAR
at www.sedar.com for a discussion of these risks.
The Company cautions that there can be no assurance that
forward-looking information will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such information. Accordingly, investors should not
place undue reliance on forward-looking information.
Except as required by law, the Company does not assume any
obligation to release publicly any revisions to forward-looking
information contained in this press release to reflect events or
circumstances after the date hereof.
Neither the Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE Central Timmins Exploration Corp