TSX Venture Exchange:TME, Frankfurt Exchange:TQ1
TORONTO, July 15 /CNW/ - Temex Resources Corp. (TSX Venture:TME,
Frankfurt:TQ1) ("Temex" or the "Company") announces results of the Company's
annual and special meeting of shareholders held today (the "Meeting").
Shareholders appointed parker simone LLP as auditors of the Company to
hold office until the Company's next annual meeting of shareholders, at a
remuneration to be fixed by the directors.
Each of the incumbent directors, Ian Campbell, Bruce Durham, Angus
Footman, David Wahl, Peter Akerley, and Nelson Baker was elected as a director
of the Company to hold office until the close of the next annual meeting of
shareholders of the Company, unless such office is earlier vacated.
The Company's stock option plan was approved by shareholders at the
Meeting. The stock option plan provides that the maximum number of common
shares that may be reserved and set aside for issuance under the stock option
plan shall not exceed 10% of the aggregate number of common shares
The Company also announces the grant of an aggregate of 982,000 options
under the stock option plan to the Company's directors and to certain other
members of management. Each such option may be exercised by the holder to
purchase one common share of the Company at a price of $0.57 per share,
representing the closing trading price of the Company's common shares on the
TSX Venture Exchange on July 14, 2008, for a period of 5 years.
Temex is a well-funded Canadian exploration company advancing its
precious metal, nickel, diamond, and uranium projects in Ontario. For further
information, contact Ian Campbell or Bruce Durham at 416-862-2246 or visit
www.temexcorp.com. Investors are invited to visit the Temex IR Hub at
http://www.agoracom.com/ir/Temex where they can post questions and receive
answers or review questions and answers already posted by other investors.
Alternatively, investors are able to e-mail all questions and correspondence
to mailto:TME@agoracom.com where they can also request to be added to the
investor e-mail list to receive all future press releases and updates in real
On behalf of the Board of Directors,
President and CEO
(*)The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release(*)
For further information:
For further information: Ian Campbell or Bruce Durham at (416) 862-2246
or visit www.temexcorp.com