Big Red Diamond Corporation: Name Change-Shareholders Approval
May 25 2011 - 11:19AM
Marketwired Canada
Big Red Diamond Corporation ("Big Red") (TSX VENTURE:DIA) is pleased to announce
that all of Management's proposed recommendations submitted for ratification by
the Company's shareholders at the Company's Annual General and Special Meeting
held on May 19, 2011 were approved.
Messrs. Jean-Francois Perrault, Clinton Barr, Michael Neary and Gordon Henriksen
were all re-elected to the Board of Directors, with each receiving in excess of
97% of the votes casted. Big Red's directors are very pleased and appreciative
to have received such strong support from the Company's shareholders.
Additionally, the proposed name change to: Northcore Resources Inc. was also
unanimously approved by the Company's shareholders. This name change better
reflects the Company's renewed focus to exploration. The name change will become
effective in the next few days. The Company will also trade under a new ticker,
"NCR", once final approval has been received.
The Shareholders also received and approved the audited financial statements and
the auditor's report along with the re-appointment of the auditors for the
ensuing year and remuneration of the auditors.
About Big Red Diamond Corporation
Big Red Diamond Corporation is a junior exploration company with rare earth
elements projects near: Sept-Iles and Rouyn-Noranda, Quebec as well as Prince
George, B.C.; diamond projects in the Attawapiskat diamond basin located in the
Ontario James Bay Lowlands, surrounding De Beers' Victor diamond deposit, and
gold projects in the West Timmins Gold camp.
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