CALGARY, Feb. 28 /PRNewswire-FirstCall/ - Goldnev
Resources Inc. ("Goldnev" or the "Corporation") (TSXV: GNZ), is
pleased to announce results of its annual and special meeting (the
"Meeting") of the shareholders held on Thursday, February 24, 2011. 42,925,659 shares,
representing 29.06% of the Corporation's outstanding shares were
represented in person or by proxy at the Meeting.
All matters tabled for consideration, as outlined on the
Corporation's Notice of Annual and Special Meeting of Shareholders,
were approved at the Meeting by represented shareholders. The
following appointments and resolutions were made and are discussed
below:
Election of Directors
Incumbent directors, Marc Dame,
Charles Chapman, Merrill Moses and Steven
Craig were duly re-elected to the Board of Directors with
99.87% of the votes cast voting in favor, and will hold office
until the next Annual Meeting of the Shareholders. Shareholders
also voted to approve setting the number of directors at four for
the ensuing year with 99.77% of the votes cast voting in favor.
Appointment of Auditors
Shareholders approved with 99.61% votes cast voting in favor,
the re-appointment of Meyers Norris Penny LLP, Chartered
Accountants as the external auditors of the Corporation whom will
hold office until the next Annual Meeting of the Shareholders, at
such remuneration as may be determined by the Corporation.
Stock Option Plan
Shareholders approved a resolution with 92.60% of the votes cast
voting in favor, ratifying and confirming the Corporation's 2010
Stock Option Plan, as required under the policies of the TSX
Venture Exchange.
Corporate Registration Continuance
Shareholders approved a special resolution with 100% of the
votes cast voting in favor, authorizing the continuation of the
Corporation from the province of British
Columbia to the province of Alberta.
Corporate Name Change
Shareholders approved a special resolution with 100% of the
votes cast voting in favor, to amend the Corporation's articles to
change the name of the Corporation from "Goldnev Resources Inc." to
"Blackstone Petroleum Inc.", or such other name as the directors
may determine.
Marc Dame, President & CEO,
stated, "We thank the shareholders who attended the Meeting in
person or by proxy, and look forward to serving all Goldnev
shareholders during the ensuing year as we continue our efforts to
build the Corporation through acquisition and development of the
Corporation's oil shale project in the Pasquia Hills region of
east-central Saskatchewan, its
light oil property in the Turner
Valley area of southwestern Alberta and its natural gas prospect in the
Noel area of Northeastern British
Columbia."
"We are excited to announce that the special resolution
approving the name change of the Corporation to Blackstone
Petroleum Inc. will be now be implemented and which will provide a
better perception and reflection of the Corporation's focus on the
oil and gas sector and in particularly its large oil shale resource
development project in Pasquia Hills, Saskatchewan.
Neither the TSX Venture Exchange, nor its Regulation Service
Provider (as the term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
About Goldnev
Goldnev Resources Inc. is a public energy company focused on the
exploration and development of unconventional and conventional
crude oil and natural gas production in east central Saskatchewan, northeastern British Columbia and southwestern Alberta. Goldnev shares trade on the TSX
Venture Exchange under the symbol "GNZ."
Anyone wishing to be added to the Corporation's news release
recipients list may forward an e-mail request to
info@goldnevresources.com.
For further information on Goldnev and its projects, please
visit our website at www.goldnevresources.com, or email at
info@goldnevresources.com.
SOURCE Goldnev Resources Inc.
Copyright . 28 PR Newswire