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Rogue Resources Announces Annual General and Special Meeting Results
Rogue Resources Inc. (TSXV:RRS) (the "Company") is pleased to provide the following report on the results of the matters considered at the Annual General and Special Meeting held October 17,2011, all of which have been approved. The particulars of the Meeting are set out in detail in the Company's Information Circular, dated September 12, 2011:
Company Articles: The adoption of new Articles to ensure that the Company's corporate charter is current, including that it addresses the enactment of the Securities Transfer Act, which facilitates the use of uncertificated shares and electronic record keeping systems currently in use worldwide, and which are increasingly being adopted in Canada to take greater advantage of the legislative opportunities and flexibility offered under the Business Corporations Act (British Columbia).
Shareholder Rights Plan: The adoption of a Shareholder Rights Plan to ensure, to the extent possible, that all shareholders are treated equally and fairly in connection with any take-over bid or similar offer for all or a portion of the outstanding common shares of the Company.
Stock Option Plan: The acceptance of a new 10% rolling Stock Option Plan. As of January 1, 2011 amendments to the Income Tax Act (Canada) require the Company to withhold, and remit to Canada Revenue Agency, the estimated tax on the deemed benefit arising from the exercise of options to purchase shares in the Company. This new Stock Option Plan brings the Company into compliance with these new laws.
Number of Directors: The approval of re-setting the number of Directors of the Company at four (4).
Election of Directors: Stephen de Jong, Trygve Hoy, Frank Durant and John de Jong were elected as Directors of the Company for the ensuing year.
Appointment and Remuneration of Auditor: Morgan and Company, Chartered Accountants, were re-appointed the auditor of the Company for the ensuing year and the Directors were authorised to fix their remuneration.
ABOUT ROGUE RESOURCES
Rogue has 36.9 million shares outstanding, $3,000,000 cash and recently commenced a 10,000 meter program at its 100% owned Radio Hill Iron Project.
Key milestones expected in the near term are:
Results from drilling at Radio Hill
Completion of Radio Hill resource estimate
Completion of scoping study on Langmuir Nickel Project (Resource Estimate completed June 2010 by SRK)
Announcement of JVs or other partnerships on non-core assets
ON BEHALF OF THE BOARD OF DIRECTORS
Steve de Jong, President & CEO
Phone: [phone]
Email: [e-mail]
Website: www.roguemining.com
Follow Rogue Resources On:
Facebook: https://www.facebook.com/pages/Rogue-Resources-Inc/115816201833055
Twitter: https://twitter.com/rogueresources
YouTube: https://www.youtube.com/rogueresources
Flickr: https://www.flickr.com/rogueresources/
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 accuracy of this news release.
Cautionary Note Regarding Forward Looking Statements: Certain disclosure in this release, including statements regarding the use of the proceeds from the private placement, constitute forward-looking statements. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including that the Company is able to obtain any government or other regulatory approvals required to complete the Company's planned exploration activities, that the Company is able to procure personnel, equipment and supplies required for its exploration activities in sufficient quantities and on a timely basis and that actual results of exploration activities are consistent with management's expectations. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, that actual results of the Company's exploration activities will be different than those expected by management and that the Company will be unable to obtain or will experience delays in obtaining any required government approvals or be unable to procure required equipment and supplies in sufficient quantities and on a timely basis. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

You can also view this News Release on our website at:
https://www.roguemining.com/s/news.asp?ReportID=485976
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