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Timmins Gold Addresses Sentry Investments Press Release

02.06.2014  |  Marketwired
VANCOUVER, BRITISH COLUMBIA -- (Marketwired - Jun 2, 2014) - Timmins Gold Corp. (TSX:TMM) (NYSE MKT:TGD) ("Timmins Gold" or the "Company") is aware that Sentry Investments intends to run a dissident slate to replace six of the eight existing members of the Timmins Gold board of directors (the "Board").

The Board is committed to considering the views of all of the shareholders of the Company and is confident that it can resolve this matter in a manner that is in the best interests of the Company and all of the Company's shareholders.

The Board's process will include working with an independent consultant to consider the qualifications of the nominees of Sentry Investments and other potential candidates.


Annual Meeting Date

Timmins Gold has applied to extend the date of its annual meeting of shareholders to September 23, 2014.


Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) nor the New York Stock Exchange MKT accepts responsibility for the adequacy or accuracy of this news release.


Cautionary Note Regarding Forward-Looking Statements

Certain statements contained herein may constitute forward-looking statements and are made pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities laws. Forward-looking statements are statements which relate to future events. Such statements include estimates, forecasts and statements as to management's expectations with respect to, among other things, business and financial prospects, financial multiples and accretion estimates, future trends, plans, strategies, objectives and expectations, including with respect to production, exploration drilling, reserves and resources, exploitation activities and events or future operations. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when, and if, a project is actually developed.

In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans, "anticipates", believes", "estimates", "predicts", "potential", or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law, Timmins Gold does not intend to update any forward-looking statements to conform these statements to actual results.




Contact

Timmins Gold Corp.
Alex Tsakumis, Vice President, Corporate Development
604-604-682-4002
alex@timminsgold.com
www.timminsgold.com
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