Tonogold Announces Results of Annual Shareholder Meeting
LA JOLLA, Calif., June 26, 2014 (GLOBE NEWSWIRE) -- Tonogold Resources Inc. (OTC:TNGL) is pleased to advise that it has received requisite approval of all resolutions submitted to shareholders at its Annual Meeting held on Monday, June 23rd 2014 in La Jolla, California.
A summary of the votes are provided below:
| Number of shares required for a Quorum | 38,029,722 | ||||
| Number of shares voted | 69,168,525 | ||||
| Representing (% of issued share capital) | 36.4% | ||||
| Votes Cast | Number of Shares Voted | % | |||
| For | Against | Abstain | Total | For | |
| Resolution 1 - Approve Minutes of 2013 Meeting | 66,419,683 | 307,600 | 2,441,242 | 69,168,525 | 96.0% |
| Resolution 2a - Election of Mark Ashley | 68,224,877 | 714,065 | 229,583 | 69,168,525 | 98.6% |
| Resolution 2b - Election of Jeffrey Janda | 68,205,300 | 734,065 | 229,160 | 69,168,525 | 98.6% |
| Resolution 2c - Election of Travis Miller # | 68,181,126 | 757,815 | 229,584 | 69,168,525 | 98.6% |
| Resolution 2d - Election of Brain Zamudio | 68,225,300 | 714,065 | 229,160 | 69,168,525 | 98.6% |
| Resolution 3 - 1 for 10 reverse share split | 66,890,016 | 1,004,471 | 1,274,038 | 69,168,525 | 96.7% |
| Resolution 4 - Authorized capital (200 million shares) | 67,287,522 | 1,026,553 | 854,450 | 69,168,525 | 97.3% |
| # Subject to the Completion of the acquisition of Mil-ler Resources and Energy SA de CV | |||||
A copy of a PowerPoint presentation made by the Company's CEO and President at the Meeting is available for download from our website at: http://www.tonogold.com/s/Presentations.asp
The formalities required for the 1 for 10 reverse share split and the change to the authorized share capital have commenced, with the Completion of the acquisition of Mil-ler Resources and Energy SA de CV (which is now unconditional), announced to the market on May 8th 2014, expected immediately thereafter.
Contact
Mark Ashley, mjashley3@gmail.com
Phone: (858) 456-1273