Trading Symbol: TSX-V: GGD
Shares Issued: 61,058,331
/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES OF AMERICA/
HALIFAX, July 20, 2012 /CNW/ - Terry Coughlan, President and CEO of
GoGold Resources Inc. ("GoGold" or the "Company") (TSXV: GGD), is pleased to report that the shareholders of GoGold ("GoGold Shareholders") voted 99.98% in favour of the acquisition (the "Acquisition") of Absolute Gold Holdings Incorporated ("Absolute Gold") at a special meeting held in Halifax, Nova Scotia today. A total of
50,748,753 shares were voted in favour of the special resolution with
7,000 shares voted against.
GoGold had determined that the Acquisition should also be approved by a
majority of the minority GoGold Shareholders, excluding the 13,993,000
shares held by Absolute Gold principals. A total of 36,755,553 or
99.98% of the shares voted by minority GoGold Shareholders were voted
in favour of the special resolution with 7,000 shares voted against.
The Acquisition was previously unanimously approved by the shareholders
of Absolute Gold on June 22, 2012. The plan of arrangement to effect
the Acquisition was approved by the Nova Scotia Supreme Court on June
The Company expects the Acquisition to close within the next fourteen
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
This News Release includes certain "forward-looking statements". All
statements other than statements of historical fact, included in this
release, including, without limitation, statements regarding potential
mineralization and reserves, exploration results, and future plans and
objectives of GoGold, are forward-looking statements that involve
various risks and uncertainties. There can be no assurance that such
statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to
differ materially from GoGold's expectations are exploration risks
detailed herein and from time to time in the filings made by GoGold
with securities regulators.
SOURCE GOGOLD RESOURCES INC.
For further information:
Terence F. Coughlan, President and CEO,
Sean Tufford, Vice President, Corporate Development
GoGold Resources Inc.,
T: 902 482-1998
F: 902 442-1898
Email : firstname.lastname@example.org
Or visit : www.gogoldresources.com