Golden Hope Mines Limited: Announces Results of the Annual General Meeting

MONTREAL, June 21, 2013 /CNW/ - Golden Hope Mines is pleased to announce that all matters put forward to the shareholders for approval at its 2013 Annual General and Special Meeting (AGM) held on June 20 in Toronto, Ontario were passed with significant shareholder support.

At the AGM, the following individuals were re-elected as the directors of the Company: Robert Stocks, Frank Candido, William Needham, Michael Zurowski, Arvind Jain and Roy Millington. Additionally, Larry Hoover will join the Board of Directors of the Company.

Mr. Hoover is President and CEO of Red Ore Gold Inc., a private Ontario corporation, since Sept. 2012. He has been a Director of Red Ore since January 2011. He serves on a number of advisory committees for companies in the mineral exploration sector. He is also the President and CEO of a consulting services business, which has provided research and fund-raising assistance for the junior exploration sector for the last six years.

Shareholders overwhelmingly withheld their votes from the election of Mr. Earl Takefman to the Board of Directors. Mr. Takefman only received 18.581% in favor and 81.482% withheld their support.

The shareholders further appointed MNP LLP as the auditors of the Company for the fiscal year ended December 2013 and the directors were authorized to determine the remuneration to be paid to the auditors.

The shareholders also approved the Company's new by-laws and stock option plan.


About Golden Hope Mines Limited:

Golden Hope Mines Limited is a mineral exploration company that seeks to grow shareholder value through the acquisition, exploration and development of potentially large-scale gold and base metal projects suitable for underground and/or open-pit mining. The company's focus is in southeastern Quebec, Canada. The company's claim blocks lie within an area that extends approximately 100 kilometres along the Appalachians of southern Quebec from near Ste-Lucie-de-Beauregard to about 16 kilometres southwest of Beauceville. The Bellechasse-Timmins gold deposit lies 5 kilometres southeast of St-Magloire within the Bellechasse Belt an approximately 18 kilometre long mineralized area. The Bellechasse-Timmins gold deposit includes the T1, T2A, T2B, Ascot/Road gold zones, and the 88 Diorite. The company is also looking to develop the Champagne zone, a partially explored base metal and gold deposit that lies within the Company's Bellechasse Belt claims. A recently completed VTEM survey may identify other similar targets along the horizon. The company is also working to develop other targets within its claim blocks including the FSG gold and base metal target, Chute du Bras, the LG showing, Moose Cliff, and Talon. For further information on Golden Hope Mines Limited please visit www.goldenhopemines.com.

SOURCE: Golden Hope Mines Limited



For further information:

Golden Hope Mines Limited

Frank Candido
: President, Director

Tel: 514-750-8218

fcandido@goldenhopemines.com
info@goldenhopemines.com

www.goldenhopemines.com