MONTREAL, February 28th, 2018 – Beaufield Resources Inc. (“Beaufield” or the “Corporation”) (TSX- V: BFD) is pleased to announce the results of voting at its Annual Meeting of Shareholders (“Shareholders”) held on February 27th, 2018 in Montreal, Canada.
Shareholders voted in favour of the three items put forward by management.
- Messrs. Hao Liu, George N. Mannard, Donald R. Siemens, Ronald W. Stewart, Hervé Thiboutot and Robert P. Wares, nominated for the Board of directors, were elected.
- 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.
- Shareholders adopted a resolution approving, ratifying and confirming the Corporation’s new by-law No. 2018-01 regarding the advance notice.
A total of 79.7 million Beaufield common shares were voted, representing approximately 38% of total shares issued and outstanding as at the record date of the meeting.
Beaufield will have a booth at the upcoming Prospectors & Developers Association of Canada (“PDAC”) Convention in Toronto March 4 to 7, 2018. Beaufield welcomes visitors at booth # 2903.
Beaufield is a mineral exploration company with its exploration activity focused in Quebec and Ontario. Please refer to Beaufield’s website to view the Corporation’s properties in Urban, Eleonore-Opinaca, Tortigny, Hemlo and Launay. The Corporation is actively exploring, is well financed with approximately $5 million in working capital, has no debt and has excess work credits on its properties.
|Ronald Stewart, President and CEO : Tel: 647.409.0293
Mathieu Stephens, VP Exploration and Corporate Development: Tel: 514.842.3443
E-mail: [email protected]
Investor Relations: Jason Monaco, Partner at FCCC: Tel: 416.566.8894
E-mail: [email protected]
Web : www.firstcanadiancapital.com
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.