GWR Announces Results of Annual General Meeting, Incentive Stock Options
25.03.2015 | Accesswire
VANCOUVER, March 25, 2015 / David H. Brett, President & CEO, GWR Resources Inc. (TSXV: GWQ) (the "Company,") reports that an Annual General Meeting of the Company's shareholders was held on Friday, March 20, 2015 in Prince George, BC, which was attended by shareholders, in person or by proxy, holding 28.5% of its issued and outstanding shares. All resolutions put before the meeting were passed, including the election of management's director nominees, being David Brett, John K Brown, Dale Reimer and Rolf Van Driesum. Also approved was the appointment of BDO Dunwoody as auditors and the Company's stock option plan.Approximately 40 AGM attendees heard remarks from GWR President and CEO David Brett and a detailed geological presentation by Vice President of Exploration Robert Shives, P.Geo. on the Company's flagship Lac La Hache Property in BC.
"It was very encouraging to see such a strong turnout of keen and supportive shareholders at our event," said GWR President & CEO David Brett. "Management is optimistic that the Company will be able to fund and carry out new and exciting work at Lac La Hache in 2015."
In other news, the Company has agreed, subject to the approval of the TSX Venture Exchange, to grant 3,650,000 incentive stock options to officers, directors and employees at $0.07 per share for a period of two years. Each stock option is exercisable for the purchase of one common share of the Company.
About GWR Resources
GWR is exploring for gold and base metals in British Columbia's prolific Quesnel Trough. The Lac La Hache copper-gold porphyry/skarn magnetite-copper project hosts multiple mineralized zones. The project is located between producing mines at Imperial Metals' Mt. Polley Copper-Gold Mine and New Gold Inc.'s New Afton Copper-Gold project, adjacent to Woodjam Consolidated Copper, the Woodjam Project, and is well-served by rail, road and power infrastructure.
The contents of the news release have been reviewed and approved by Rob Shives, P.Geo., VP Exploration to the company and a qualified person as defined in National Instrument 43-101.
GWR Resources Inc.
Per/
David Brett, President & CEO
604-682-2421
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.
