China Gold International Resources Corp.: Reports Results of its Annual General and Special Meeting of Shareholders
VANCOUVER, June 23, 2016 - China Gold International Resources Corp. Ltd. (TSX:CGG)(HKSE:2099) (the "Company" or "China Gold International Resources") is pleased to announce the results of its annual general and special meeting of shareholders (the "AGM") held on June 22, 2016. Each of the Company's nominees for election as directors were elected, and all resolutions submitted to shareholders at the meeting were approved. A total of 218,169,862 common shares, representing 55.04% of the issued and outstanding common shares of the Company, were present in person or by proxy at the meeting. The detailed results are presented below:
| No. | Resolutions | Number of Votes | |||
| 1. | To set the number of directors of the Company at nine (9); | For | Against | Total | |
| 218,020,863 | 148,997 | 218,169,860 | |||
| 2. | To elect as directors: | For | Withheld | Total | |
| (i) | Xin SONG; | 202,732,451 | 11,684,030 | 214,416,481 | |
| (ii) | Bing LIU; | 203,695,163 | 10,721,318 | 214,416,481 | |
| (iii) | Lianzhong SUN; | 202,728,420 | 11,688,061 | 214,416,481 | |
| (iv) | Liangyou JIANG; | 203,606,998 | 10,809,483 | 214,416,481 | |
| (v) | Ian HE; | 208,495,853 | 5,920,628 | 214,416,481 | |
| (vi) | Yunfei CHEN; | 211,826,593 | 2,589,888 | 214,416,481 | |
| (vii) | Gregory HALL; | 211,830,424 | 2,586,057 | 214,416,481 | |
| (viii) | John King BURNS; and | 211,802,674 | 2,613,807 | 214,416,481 | |
| (ix) | Xiangdong JIANG; | 203,606,898 | 10,809,583 | 214,416,481 | |
| 3. | To re-appoint Deloitte Touche Tohmatsu as the auditors of the Company and authorize the board of directors to fix their remuneration; | For | Withheld | Total | |
| 218,145,491 | 24,371 | 218,169,862 | |||
| 4. | To grant to the board of directors a general mandate to allot, issue and otherwise deal with unissued shares not exceeding 20% of the issued share capital of the Company; | For | Against | Total | |
| 176,710,625 | 37,705,856 | 214,416,481 | |||
| 5. | To grant to the board of directors a general mandate to repurchase shares not exceeding 10% of the issued share capital of the Company; | For | Against | Total | |
| 214,353,715 | 62,766 | 214,416,481 | |||
| 6. | To extend the share allotment mandate by the addition thereto of the shares repurchased by the Company; | For | Against | Total | |
| 177,378,642 | 37,037,839 | 214,416,481 | |||
| 7. | To approve by ordinary resolution of the independent shareholders of the Company, the Loan Framework Agreement, the Cap and the transactions contemplated thereunder; | For | Against | Total | |
| 48,659,558 | 11,408,193 | 60,067,751 | |||
| 8. | To approve by special resolution the new Articles; | For | Against | Total | |
| 174,135,035 | 40,281,446 | 214,416,481 | |||
For further details of the voting results please visit the Company's website at www.chinagoldintl.com, The Stock Exchange of Hong Kong Limited's website at www.hkex.com.hk or SEDAR at www.sedar.com.
About China Gold International Resources
China Gold International Resources Corp. Ltd. is based in Vancouver, BC, Canada and operates both profitable and growing mines, the CSH Gold Mine in Inner Mongolia, and the Jiama Copper-Gold Polymetallic Mine in Tibet Autonomous Region of the People's Republic of China. The Company's objective is to continue to build shareholder value by growing production at its current mining operations, expanding its resource base, and aggressively acquiring and developing new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX:CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKSE:2099).
Cautionary Note About Forward-Looking Statements
Certain information regarding China Gold International Resources contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although China Gold International Resources believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. China Gold International Resources cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what China Gold International Resources currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.
Contact
China Gold International Resources Corp. Ltd.
Elena M. Kazimirova, Investor Relations Manager and Financial Analyst
+1.604.695 5031
info@chinagoldintl.com
www.chinagoldintl.com