ROUYN-NORANDA, QC, Feb. 5, 2013 /CNW Telbec/ - Visible Gold Mines (TSXV: VGD) (Frankfurt: 3V4) announces the voting results from its annual and special meeting of
shareholders held on January 30, 2013. At the meeting, the
shareholders elected Martin Dallaire, Sylvain Champagne, Pierre Vézina
and Sébastien Bellefleur as directors of the Corporation. Following
the shareholders' meeting, the Board of Directors re-appointed Martin
Dallaire as President and Chief Executive Officer of the Corporation,
Sylvain Champagne as Secretary and Chief Financial Officer of the
Corporation and Robert Sansfaçon as Vice President, Exploration.
In addition, shareholders also approved resolutions ratifying and
confirming the Corporation's stock option plan, approving an amendment
to the Shareholder Rights Plan Agreement dated December 22, 2009 so as
to extend the Shareholder Rights Plan Agreement for an additional three
years and re-appointing Raymond Chabot Grant Thornton LLP, Chartered
Accountants, as the auditors of the Corporation.
The Board of Directors has today granted stock options in respect of
900,000 common shares to four directors and to one officer of the
Corporation. The options were granted pursuant to Visible Gold Mines'
Stock Option Plan. The exercise price of the options is $0.10. The
options expire in ten years. The option granted to the Visible Gold's
directors and officer will vest immediately.
About Visible Gold Mines
Visible Gold Mines Inc. is a dynamic corporation aggressively searching
for the next important gold deposit in northwestern Québec, an area
consistently ranked as one of the world's best jurisdictions for mining
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of the release.
SOURCE: Visible Gold Mines Inc.
For further information:
Martin Dallaire, President and Chief Executive Officer
Telephone: 819-762-0609, Fax: 819-762-0097