Golden Alliance Announces Results of Annual Meeting of Shareholders
26.05.2012 | The Newswire
May 25th, 2012 - Golden Alliance Resources Corp. (TSX-V: GLL, Frankfurt: GA0, "Golden Alliance" or the "Company") is pleased to announce that all resolutions presented to the Company's shareholders at the annual general meeting of shareholders held on May 24, 2012 were approved. A total of 20 shareholders holding 9,650,033 shares were represented in person or by proxy at the meeting, representing approximately 39% of the Company's outstanding shares.PricewaterhouseCoopers LLP was reappointed as the external auditor of Golden Alliance and will hold office until the next annual meeting at such remuneration as may be determined by the directors of the Company.
The following board members stood for election and were dulyre-elected to the board: Joseph Grosso, Chairman, CEO and President, Nikolaos Cacos, David Horton and Augusto Baertl.
Mr. Grosso stated, "Golden Alliance extends warm thanks to Leonard Harris, John Gammon, David Terry and Normand Champigny, who did not stand for re-election in order to reduce the Board size. We thank each of these directors for their valuable contributions to Golden Alliance." Furthermore, Normand Champigny resigned as President and COO in order to pursue other interests. The Company would like to thank Mr. Champigny for his contributions and wishes him well in his future endeavors.
About Golden Alliance Resources Corp.
Golden Alliance is a company focused on gold, copper and silver exploration in Peru. The Company has a strong portfolio of projects in Peru that offers multiple opportunities. Golden Alliance is a member of the Grosso Group, a management company with over 19 years of experience in South America, and active in Peru since 1995.
ON BEHALF OF THE BOARD
"Joseph Grosso"
Mr. Joseph Grosso, President, Chairman & CEO
For further information please contact:
Golden Alliance Resources Corp.
Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058
Email: info@goldenalliancecorp.com
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 may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
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