VANCOUVER, British Columbia, Feb. 16, 2018 (GLOBE NEWSWIRE) -- Velocity Minerals Ltd. (TSXV:VLC)
(“Velocity” or the “Company”) reports the results of its annual general meeting of shareholders
held on February 15, 2018 in Vancouver, British Columbia. All the motions presented to the shareholders were approved.
Votes representing 35,527,965 shares were cast, representing 58.06% of the issued and outstanding shares at the
record date. A summary of the meeting results is outlined below.
|
Motion |
Votes for the
Motion |
Percentage of
Votes in Favour |
| Number
of Directors |
35,527,965 |
100 |
% |
| Keith
Henderson |
35,527,965 |
100 |
% |
| Mark
Cruise |
35,527,965 |
100 |
% |
| Gordon
Doerksen |
35,527,965 |
100 |
% |
| Daniel
Marinov |
35,527,965 |
100 |
% |
|
Appointment of Auditor |
35,527,965 |
100 |
% |
|
Ratification and Approval of Stock Option Plan |
35,527,965 |
100 |
% |
About Velocity Minerals Ltd.
Velocity is a gold exploration and development company focused on eastern Europe. The Company’s management
and board includes mining industry professionals with experience spanning Europe, Asia, and the Americas as employees of major
mining companies as well as founders and senior executives of junior to mid-tier public companies. The team's experience
includes all aspects of mineral exploration, resource definition, feasibility, finance, mine construction and mine operation as
well as a track record in managing publicly listed companies.
On Behalf of the Board of Directors
"Keith Henderson"
President & CEO
For further information, please contact:
Keith Henderson
Phone: +1-604-484-1233
E-mail: info@velocityminerals.com
Web: www.velocityminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
