Beaufield Resources Inc. (“Beaufield” or the “Corporation”) (TSX VENTURE:BFD) announces that the annual meeting of shareholders (the “Meeting”) will be held at the offices of Lavery, de Billy, 1 Place Ville Marie, 40th Floor, Montreal, Quebec on Thursday, February 18, 2016, at 11:00 a.m.
For the Meeting, Beaufield shareholders are being asked to vote on the following matters:
- To elect three directors for the ensuing year;
- To appoint Raymond Chabot Grant Thornton, L.L.P. as Auditors of the Corporation for the ensuing year and to authorize the Directors to fix their remuneration; and
- To transact such other business as may properly come before the Meeting or any adjournments thereof.
Management has nominated the following three persons as directors of the Corporation: Bernard Deluce, James C. Gervais and Jens E. Hansen.
Mr. Bernard Deluce, a nominee for election as a director, has been involved in the aviation industry for the last 30 years and has had mining interests mostly in Northern Ontario and Northern Quebec area for 20 years. Previously he had represented his family interests in Holmer Gold Mines in 2004 as a board member until such company was taken over by Lake Shore Gold Corp. in December of 2004.
Mr. Gervais and Mr. Hansen had been directors of the Corporation since 2014 and 1995 respectively.
Shareholders will receive the Notice of Meeting, the Proxy form and the Management Proxy Circular in the usual manner. The documents are available for viewing online at the following websites and links:
- under the Corporation’s SEDAR profile at www.sedar.com;
- on the Corporation’s website at www.beaufield.com under Investors / Annual General Meeting.
Beaufield will have a booth at the upcoming PDAC Convention in Toronto March 6 to 9, 2016. Beaufield welcomes visitors at booth # 2903.
Beaufield is a mineral exploration company with its exploration activity focused in Quebec. Beaufield is well positioned to advance its portfolio of exploration properties and identify other potential opportunities in the mineral exploration or development stage. The Corporation is actively exploring, well financed with approximately $3 million in cash, has no debt and has excess work credits on its properties.
The information set forth in this press release includes certain forward-looking statements. Such statements are based on assumptions exposed to major risks and uncertainties. Although Beaufield deems the expectations reflected in these forward-looking statements to be reasonable, the Corporation cannot provide any guarantee as to the materialization of the expectations reflected in these forward-looking statements. The Corporation expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.