2013-12-16 15:05:54 -
Prince George, British Columbia CANADA, December 16, 2013 /FSC/ - Barker Minerals Ltd. (BML - TSX Venture), (the "Company") is pleased to report the results of its Annual General Meeting ("AGM") held on December 6, 2013 in Vancouver, British Columbia.
A total of 118,939,015 common shares, equal to more than 70% of the 169,577,516 issued and outstanding shares were represented at the AGM. All the resolutions set out in the Notice of Meeting were passed, with >99% voting by proxy in favor of the re-appointment of the Company's auditor, the election of the eight directors nominated by management and the adoption of the new Articles for the Company. More than 99% also voted in favor of an amendment to the
Option Plan to decrease the exercise price of options from $0.10 to $0.05 per share and the amendment to the Option Plan to increase the number of shares reserved for issuance thereunder, insiders were excluded from voting on the option resolutions.
Following the formal business of the meeting, management gave an informative and well received presentation outlining the Company's past activities and its plans going forward.
About Barker Minerals
Barker Minerals is advancing exploration on its mineral properties in the Cariboo Gold District, one of the most mineralized belts in British Columbia. The Company has more than 20 projects on its exploration properties, all of which are 100% owned by Barker Minerals. Eight projects have drill-ready gold and/or massive sulphide targets.
Certain statements in this press release may be considered forward-looking information, including those relating to "plans" of the Company. Such information involves known and unknown risks, uncertainties and other factors -- including the availability of funds, the results of financing and exploration activities, the interpretation of drilling results and other geological data, project cost overruns or unanticipated costs and expenses and other risks identified by the Company in its public securities filings -- that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
FOR FURTHER INFORMATION PLEASE VISIT OUR WEBSITE WWW.BARKERMINERALS.COM OR CONTACT:
Louis E. Doyle Robert H. Kuhl
Tel: (250) 563-8752 Tel: (604) 321-0709
Fax: (250) 563-8751 Fax: (604) 321-0719
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 release.
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Source: Barker Minerals Ltd. (BML - TSX-V)
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