TORONTO, June 20, 2018 /CNW/ - Jubilee Gold Exploration Ltd.
(TSX.V: JUB) (the "Corporation") reports the results of its Annual General Meeting (the "Meeting") of holders
of Class A Common Shares of the Corporation (the "Shareholders") held on June 19, 2018.
The total number of shares represented at the meeting was 7,171,613 representing approximately 91.57% of the 7,831,578 issued
and outstanding Class A Common Shares of the Corporation.
The following five (5) director nominees, as set out in the management information circular dated May
15, 2018 (the "Information Circular"), were elected to serve as directors of the Corporation, to hold office until
the next annual meeting or until their successors are otherwise elected or appointed:
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1. Jeffrey J.
Becker
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97.40% For; 2.60% Withheld/Abstain
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2. Warren Becker
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97.40% For; 2.60% Withheld/Abstain
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3. Michael Burke
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97.41% For; 2.59% Withheld/Abstain
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4. Grant V. Ohman
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97.41% For; 2.59% Withheld/Abstain
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5. Summer J. Becker
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97.40% For; 2.60% Withheld/Abstain
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The Shareholders approved UHY McGovern Hurley LLP, Chartered Accountants ("MHC"), by a vote of 97.41% For; 2.59%
Withheld/Abstain, to serve as auditor of the Corporation, to hold office until the next annual meeting of Shareholders of the
Corporation or until their successors are appointed and that the remuneration of the auditor be fixed by the Board of Directors
of the Corporation.
Further details on these matters are set forth in the Corporation's materials accessible on the Corporation's SEDAR corporate
profile page.
This news release contains forward-looking statements, which address future events and conditions, which are subject to
various risks and uncertainties. The Corporation's actual results, programs and financial position could differ materially from
those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the
Corporation's control. These factors include: the availability of funds; the timing and content of work programs; results of
exploration activities and development of mineral properties, the interpretation of drilling results and other geological data,
the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or
unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry
conditions.
Forward-looking statements are based on the expectations and opinions of the Corporation's management on the date the
statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
Neither 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 release.
SOURCE Jubilee Gold Exploration Ltd.
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