ABBOTSFORD, BC, March 5, 2012 /CNW/ - Nubian Resources Ltd. (NBR:TSX.V) (the "Company") announces that it held its Annual General Meeting of Shareholders (the "Meeting") on Thursday, March 1, 2012 at which Meeting the following individuals were re-elected directors of the Company: Markus Janser, David A. Fynn, Lawrence G. Treadgold and Christopher J.V. Wheatley. Shareholders approved the re-appointment of Morgan & Co., as auditors of the Company and continuation of the Company's 10% rolling stock option plan.
Immediately after the Meeting, the Board of Directors appointed the following officers of the Company:
|Lawrence G. Treadgold||Chief Executive Officer|
|David A. Fynn, CA||Chief Financial Officer|
|Jeannette Durand||Corporate Secretary|
Markus Janser will continue his role as Lead Director of the Company and Dr. Christopher J.V. Wheatley was appointed as Technical Director.
David A. Fynn, Markus Janser and Christopher J.V. Wheatley were appointed members of the Audit Committee for the ensuing year, of which David A. Fynn is Chair.
CEO of Nubian, Lawrence Treadgold, comments: "that he is pleased that more than 30% of shareholders were represented in the meeting and unanimously supported all resolutions".
CEO Nubian Resources Ltd
This release includes certain statements that are "forward-looking statements". All statements in this release, other than statements of historical facts that address future exploration, development and production activities, and other circumstances, events and developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results, events and developments may differ materially from those in the forward-looking statements. The occurrence of certain risk factors, the probability of which is unknown, may also affect actual results, events and developments expected by the Company.
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 this release.
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