EDMONTON, ALBERTA--(Marketwired - June 20, 2016) - Athabasca Minerals Inc. ("Athabasca" or
the "Corporation") (TSX VENTURE:ABM) is pleased to announce the results of the Annual and Special Meeting
("Meeting") held on June 17th, 2016 in Edmonton, Alberta. All resolutions were passed at the Meeting and the
Corporation looks forward to continuing the development of core assets which includes corporate owned sand and gravel operations,
the Firebag Frac Sand Project and the Richardson Dolomite / Granite Project. In addition, the Corporation continues to identify
aggregate opportunities in new jurisdictions in Western Canada.
Results of the Meeting includes the following:
| Resolution |
For (%) |
| Election of Directors |
|
| Don Paulencu |
99.61 |
| Michael Peck |
53.40 |
| Gerald Romanzin |
99.55 |
| Appointment of Auditors |
98.83 |
| Approval of Stock Option Plan |
94.96 |
| Bylaw Amendment |
99.51 |
| Fixing Number of Directors |
98.79 |
About Athabasca Minerals
The Corporation is a resource company involved in the management, exploration and development of
aggregate projects. These activities include contracts works, aggregate pit management, aggregate
production and sales from corporate-owned pits, new aggregate development and acquisitions of sand
and gravel operations. The Corporation also has industrial mineral land holdings for the purpose of
locating and developing sources of industrial minerals and aggregates essential to high growth economic
development.
Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture) accepts responsibility for the adequacy or accuracy of this release.