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Durango Resources Inc. Reports AGM Results

26.05.2015  |  Accesswire

VANCOUVER, BC / ACCESSWIRE / May 26, 2015 / Durango Resources Inc. (the "Company" or "Durango") reports that the Company's nominees listed in the management proxy circular for the 2015 Annual General Meeting of the shareholders held on Friday May 22, 2015 were all elected as directors of Durango for the ensuing year.

The final scrutineer report stated that there were 12 shareholders by proxy and 1 shareholder in person at the meeting, representing an aggregate of 1,696,300 shares. These shares represent 17.96 per cent of the total 9,446,556 shares issued and outstanding as at the record date of April 17, 2015.

In addition, shareholders approved, subject to acceptance by the TSX Venture Exchange, the Company's incentive stock option plan. Shareholders also approved the reappointment of Crowe Mackay LLP, Charter Accountants, as auditor for the ensuing year and authorized the directors to fix its remuneration.

Following the annual general meeting of shareholders, directors re-elected Marcy Kiesman as the Company's president and chief executive officer, and Veronica Liu as chief financial officer. Marcy Kiesman, Veronica Liu and Thea Koshman were appointed as members of company's audit committee.

The board of directors would like to thank the Company's shareholders for their continued support throughout the past year.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Decouverte and Trove gold properties in the Abitibi Region of Quebec, the Robert Creek uranium property in north western Saskatchewan, the Albany Spurs graphite property in northeastern Ontario and the Buckshot graphite property near the Miller Graphite mine in Quebec.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900
Facsimile: 888.266.3983
Email: durangoresourcesinc@gmail.com
Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties, as it relates to Durango, please refer to the Company's Prospectus filed on its SEDAR profile at www.sedar.com.

Neither 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.


SOURCE: Durango Resources Inc.


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Durango Resources Inc.
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