VANCOUVER, BC--(Marketwired - February 06, 2015) - Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX: OMN) (OTC PINK: OMCCF) (FRANKFURT: OMC) announces today that all items put forward by the Board of Directors and management were approved by shareholders at the Special Meeting of Shareholders held in Vancouver earlier today.
The resolution approving the warrant entitling Vincere Resource Holdings Inc. to acquire up to 66.7% equity interest in the Corporation for up to C$20 million was approved, with the voting results tabulated as below:
| |
| Approval of Warrant Voting Results |
| Shares Voted For (%) |
Shares Voted Against (%) |
Shares Witheld (%) |
| 40,926,266 (100%) |
1,742 (0%) |
0 (0%) |
| | | |
A total of 41,907,508 voting shares were voted at the meeting, representing 64.4 percent of the votes attached to all outstanding shares. For a description of the resolutions approved at the meeting, please refer to the company's report on voting results filed on SEDAR.
About Oracle Mining Corp.
Oracle Mining Corp. (TSX: OMN) (OTC PINK: OMCCF) (FRANKFURT: OMC) is a Vancouver, Canada-based corporation that is the sole owner and operator of Oracle Ridge Mining, LLC and the Oracle Ridge Project located 24 km northeast of Tucson, Arizona. Oracle Mining is managed by an experienced team of mining professionals with extensive operating and financial experience.