Beaufield Resources Inc. (“Beaufield”) (TSX VENTURE:BFD) is pleased to announce the results of voting at its Annual General Meeting of Shareholders (“AGM”) held on Thursday February 18, 2016 in Montreal, Canada.
The shareholders approved the appointment of the three directors with Bernard Deluce, James Gervais and Jens Hansen with a 99% approval.
Shareholders also voted in favour of appointing Raymond Chabot Grant Thornton LLP, as auditors of the Corporation for the ensuing year and authorizing the directors to fix their remuneration.
A total of 29,785,774 Beaufield common shares were voted, representing approximately 26% of total shares issued and outstanding as at the record date of the meeting.
Following the AGM the Board of Directors (the “Board”) met and confirmed the appointment of the following Corporation executive officers:
|Jens Hansen: President and Chief Executive Officer;|
|Vatche Tchakmakian: Chief Financial Officer and Secretary; and|
|Mathieu Stephens: Vice President Exploration and Corporate Development|
|And the appointment of the following members to the Corporation’s Audit Committee: James C. Gervais (Chairman), Bernard Deluce and Jens E. Hansen|
The Board would like to thank the shareholders for their ongoing support.
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 $2.5 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.