VANCOUVER, Oct. 31, 2013 /CNW/ - Corvus Gold Inc. ("Corvus" or the
"Company") - (TSX: KOR) (OTCQX: CORVF) announces that all motions put
forward for approval at its 2013 Annual General Meeting (AGM) held
October 29th in Vancouver, British Columbia passed with significant shareholder
2013 Annual General Meeting Results
At the AGM, with over 69% of the Company's outstanding shares
represented, the following individuals were re-elected as directors of
the Company by over 99% of the votes cast: Anton Drescher, Edward
Yarrow, Rowland Perkins, Catherine Gignac, Steve Aaker, and the
Company's CEO, Jeffrey Pontius. Mackay LLP, Chartered Accountants
were re-appointed as auditors of the Company for the fiscal year ending
May 31, 2014. In addition, the Company's amended 2010 Incentive Stock
Option Plan received approval by over 98% of the votes cast.
The Company's shareholders also approved an amendment to the Articles of
the Company which implements a requirement for advance notice in
connection with the nomination of individuals for election as director
of the Company ("Advance Notice Requirements"). The purpose of the
Advance Notice Requirements is to provide shareholders, directors and
management of the Company with a clear framework for nominating
directors of the Company. The Company is committed to: (a)
facilitating an orderly and efficient annual general or, where the need
arises, special meeting, process; (b) ensuring that all shareholders
receive adequate notice of director nominations and sufficient
information regarding all director nominees; and (c) allowing
shareholders to register an informed vote after having been afforded
reasonable time for appropriate deliberation. The Advance Notice
Requirements are intended to further these objectives.
The Advance Notice Requirements, which are effective today, include,
among other things, a provision that requires advance notice to the
Company in certain circumstances where nominations of persons for
election to the Board of Directors are made by shareholders of the
Company. The Advance Notice Requirements fix a deadline by which
director nominations must be submitted to the Company prior to any
annual or special meeting of shareholders and sets forth the
information that must be included in the notice to the Company. No
person will be eligible for election as a director of the Company
unless nominated in accordance with these requirements. In the case of
an annual meeting of shareholders, notice to the Company must be made
not less than 30 days and not more than 65 days prior to the date of
the annual meeting; provided, however, that, in the event that the
annual meeting is to be held on a date that is less than 50 days after
the date on which the first public announcement of the date of the
annual meeting was made, notice may be made not later than the close of
business on the 10th day following such public announcement.
The full text of the Advance Notice Requirements, together with the
detailed proxy voting on all resolutions submitted to the shareholders
at the 2013 Annual General Meeting, is contained in the "Report of
Voting Results" for the AGM which is available under the Company's
profile on SEDAR and on the Company's website or upon request by
contacting the Company's Corporate Secretary at (604) 638-3246.
About Corvus Gold Inc.
Corvus Gold Inc. is a resource exploration company, focused in Nevada
and Alaska, which controls a number of exploration projects
representing a spectrum of early-stage to advanced gold projects.
Corvus is focused on advancing its 100% controlled Nevada, North
Bullfrog project towards a potential development decision and
continuing to explore for new major gold discoveries. Corvus is
committed to building shareholder value through new discoveries and
leveraging noncore assets via partner funded exploration work into
carried and or royalty interests that provide shareholders with
exposure to gold production.
On behalf of
Corvus Gold Inc.
(signed) Jeffrey A. Pontius
Jeffrey A. Pontius,
Chief Executive Officer
SOURCE: Corvus Gold Inc.
For further information:
Phone: 1-888-770-7488 (toll free) or (604) 638-3246
Fax: (604) 408-7499