VANCOUVER, British Columbia, March 29, 2019 (GLOBE NEWSWIRE) -- Columbus Gold Corp. (CGT: TSX, CGTFF:
OTCQX) (“Columbus”) is pleased to announce that Robert Giustra, Peter Gianulis, Marie-Hélène Bérard, Russell Ball and Oleg
Pelevin were elected as directors of Columbus at the 2019 Annual General Meeting of Shareholders held on March 27, 2019 (the
“Meeting”).
Detailed voting results for the Meeting are as follows:
| Motion |
Votes For |
% For |
Votes Against |
% Against |
Votes Withheld |
% Withheld |
| Number of Directors |
38,482,326 |
99.68 |
123,030 |
0.32 |
0 |
0.00 |
| Election of Director Nominees: |
|
|
|
|
|
|
| Robert Giustra |
38,240,515 |
99.05 |
0 |
0.00 |
364,841 |
0.95 |
| Peter Gianulis |
32,094,815 |
83.14 |
0 |
0.00 |
6,510,541 |
16.86 |
| Marie-Hélène Bérard |
36,817,745 |
95.37 |
0 |
0.00 |
1,787,611 |
4.63 |
| Russell Ball |
38,345,947 |
99.33 |
0 |
0.00 |
259,409 |
0.67 |
| Oleg Pelevin |
30,524,517 |
79.07 |
0 |
0.00 |
8,080,839 |
20.93 |
| Appointment of Auditors |
87,139,240 |
99.44 |
0 |
0.00 |
492,105 |
0.56 |
| Other business |
16,127,090 |
41.77 |
22,478,266 |
58.23 |
0 |
0.00 |
| |
|
|
|
|
|
|
ABOUT COLUMBUS GOLD
Columbus is French Guiana’s leading gold exploration and development company. Columbus holds a major interest in
the world-class Montagne d'Or gold deposit. A feasibility study for Montagne d'Or was filed in May 2017, and the permitting
process is currently underway. Columbus is also earning into the Maripa gold exploration project where past drilling has returned
excellent near surface results, including 36 meters of 4.3 g/t gold.
ON BEHALF OF THE BOARD,
Rock Lefrançois
President & CEO
For more information contact:
Investor Relations
(604) 634-0970 or
1-888-818-1364
info@columbusgold.com
Certain statements and information contained in this press release constitute "forward-looking statements"
within the meaning of applicable U.S. securities laws and “forward-looking information” within the meaning of applicable Canadian
securities laws, which are referred to collectively as "forward-looking statements". The United States Private Securities
Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements. Forward-looking statements are
statements and information regarding possible events, conditions or results of operations that are based upon assumptions about
future economic conditions and courses of action. All statements and information other than statements of historical fact may be
forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as “seek”,
“expect”, “anticipate”, “budget”, “plan”, “estimate”, “continue”, “forecast”, “intend”, “believe”, “predict”, “potential”,
“target”, “may”, “could”, “would”, “might”, “will” and similar words or phrases (including negative variations) suggesting future
outcomes or statements regarding an outlook. Forward-looking statements in this and other press releases include but are not
limited to statements and information regarding: its plans, or modifications thereunder, to develop Montagne d’Or, including its
employment, future gold mining development and economy effect; the construction and development plans for the Montagne d’Or gold
mine, including anticipated timing thereof; the satisfaction of additional requirements to the construction of the Montagne d’Or
gold mine, including but not limited to, the submission and processing of mine permit applications; the delivery of a concluding
report from the French joint ministerial task-force for Montagne d’Or; the timing and rendering of a decision regarding the
development of the gold mining industry in French Guiana; the earning into of the Maripa gold exploration project; and the private
placement of units, including the terms, approval and timing thereof. Such forward-looking statements are based on a number
of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual
results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking
information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of
the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking
statements include the proposed bill to ban cyanide technologies in the mining industry in France and additional risks and other
factors described in the sections entitled “Risk Factors” in the Annual Information Form of Columbus Gold Corp., available on SEDAR
under Columbus’ profile at www.sedar.com. Actual results and future events could differ materially from those anticipated in
such statements. Columbus undertakes no obligation to update or revise any forward-looking statements included in this press
release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable
law.
