VANCOUVER, British Columbia, Jan. 03, 2019 (GLOBE NEWSWIRE) -- New Carolin Gold Corp. (the “Company” or
“New Carolin”) (TSXV: LAD | OTCBB: LADFF): New Carolin is pleased to announce the results of its annual general and
special meeting of shareholders (the “AGM”) held on Tuesday, December 18, 2018 in Vancouver, Canada. Shareholders
voted in favour of all items put forward by the Board of Directors and management of the Company. All five of the individuals
nominated for the Board of Directors - Robert L. Thast, Richard T. Gillard, Kenneth R. Holmes, Robert P. Lunde and Christopher
Taylor - were elected at the AGM and will serve as directors of the Company for the ensuing year, other than Robert Thast who has
resigned from the Board of Directors subsequent to the date of the AGM, as further disclosed in the Company’s press release dated
December 26, 2018.
The shareholders of the Company also voted in favour of (i) appointing Crowe MacKay LLP, Chartered Accountants,
as auditors of the Company for the ensuing year and authorizing directors to fix the auditors' remuneration; (ii) re-approving the
Company's incentive stock option plan; and (iii) approving the re-pricing of certain stock options granted under the Company’s
stock option plan.
About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of
our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as
the “Ladner Gold Project” (Project). The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold
Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and
numerous gold prospects.
For additional information, please visit the Company’s website at www.newcarolingold.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Kenneth R. Holmes"
President
Phone: (778) 379-1275
Toll Free: 1(855) 891-9185
E-mail: info@newcarolingold.com
Web site: www.newcarolingold.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities have not been and will not be registered under the United States Securities Act of
1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States
or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such
registration is available.
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 the accuracy of this press release.
Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations,
estimates and projections regarding its business and the economic environment in which it operates. These statements are not
guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual
outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place
undue reliance on such statements. Statements speak only as of the date on which they are made and the Company undertakes no
obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise
required to do so by law.
