Highvista Gold Inc. Announces Results of Special Meeting of Shareholders
June 11 2014 - 3:30PM
Marketwired
Highvista Gold Inc. Announces Results of Special Meeting of
Shareholders
TORONTO, ONTARIO--(Marketwired - Jun 11, 2014) - Highvista Gold
Inc. ("Highvista" or the "Company") (TSX-VENTURE:HVV) is pleased to
announce the results of today's special meeting of Highvista
shareholders.
As stated in the news release on April 28, 2014, shareholders
were asked to vote on a potential share consolidation and
settlement of management remuneration. Shareholders of the Company
have approved the option to implement a consolidation of issued
common shares of Highvista on a basis of one (1) post-consolidation
common share for each five (5) pre-consolidation common shares
issued and outstanding, or such other ratio as determined by the
board of directors of the Company.
The shareholders of the Company additionally granted Highvista's
board of directors the ability to settle certain management
remuneration by issuance of common shares to management.
The implementation, if any, and final terms of the consolidation
and settlement of management remuneration are subject to the
approval of Highvista's board of directors and the TSX Venture
Exchange.
About Highvista
Highvista owns 100% of a Mexican subsidiary that controls the
24,055 hectare Canasta Dorada Gold Project. This project is located
in the Sonoran Gold Belt immediately adjacent to AuRico Gold's El
Chanate Mine. Details of Highvista's Canasta Dorada Project can be
viewed at the Company's website at www.highvistagold.com.
Reader Advisory
Certain statements in this press release constitute
"forward-looking statements". These forward-looking statements
include, but are not limited to, the board of directors' decision
whether to complete the proposed transactions described herein.
Forward-looking statements express, as at the date of this press
release, the Company's plans, estimates, forecasts, projections,
expectations, or beliefs as to future events or results.
Forward-looking statements are based on certain assumptions,
including the key assumptions and parameters on which such
estimates are based, involve risks and uncertainties and there can
be no assurance that such statements will prove to be accurate.
Therefore, actual results and future events could differ materially
from those anticipated in such statements. Factors that could cause
results or events to differ materially from current expectations
expressed or implied by the forward-looking statements, include,
but are not limited to, receipt of regulatory and board approvals
for the proposed transactions. Readers are cautioned not to place
undue reliance on the forward-looking statements contained in this
press release. Except as required by law, Highvista assumes no
obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or any other
reason.
NEITHER THE 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 PRESS RELEASE.
Highvista Gold Inc.Richard AdamsPresident and CEO(416)
504-3588(416) 504-4129www.highvistagold.com
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