2013-09-26 18:01:39 -
Toronto, Ontario CANADA, September 26, 2013 /FSC/ - Mustang Minerals Corp. (MUM - TSX Venture), has released the results from its 2013 annual and special meeting of shareholders held on September 24, 2013. The meeting was held in Toronto. A total of 77,931,853 shares were represented at the meeting by shareholders present in person or represented by proxy representing 33.9% of the issued and outstanding shares of the Company.
Items on the agenda approved by shareholder votes cast by proxy and in person included the election of the board of directors, the appointment of McGovern, Hurley, Cunningham LLP Chartered Accountants as auditors of the company for the ensuing year, approving a resolution authorizing the Company to conduct a rights offering
for up to 25% of the issued and outstanding common shares of the Company and approving the Company's stock option plan.
The existing directors of the Company, Daniel Lougher, Julian Hanna, Edward Munden, Tom Meredith and Robin Dunbar were nominated and re-elected at the meeting.
Company President and CEO Robin Dunbar outlined the current activities of the Company including the ongoing work on the Preliminary Economic Assessment and the 2013 exploration program. A revised company presentation has been added to the Mustang website at www.mustangminerals.com.
Carey Galeschuk P.Geo. is the National Instrument 43-101 Qualified Person for Mustang Minerals Corp. and has approved the contents of this release.
Western Areas Ltd (ASX:WSA) owns a ~19% equity interest in Mustang.
To find out more about Mustang Minerals Corp. (TSX-V: MUM)
visit our website at www.mustangminerals.com or contact:
David Black, Investor Relations
Telephone 416-955-4773 email: email@example.com
We seek safe harbour.
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include the Company's plans for its mineral projects in Manitoba, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risk, uncertainty of production and capital costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of nickel and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Management Discussion and Analysis for the most recent financial period and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
Neither the TSX Venture Exchange nor it Regulations 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.
To view the press release as a PDF file, please click on the following link:
Source: Mustang Minerals Corp. (TSX-V: MUM) www.mustangminerals.com
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