Toronto, Canada – June 25, 2015 – Savary Gold Corp. (TSX-V: SCA) (“Savary” or the ”Company”) shareholders approved all matters put forth at the annual and special meeting of shareholders of Savary held on June 23, 2015.
Approval of Board of Directors
Messrs. Don Dudek, Daniel Nocente, Thomas Olesinski, Craig Pearman, and Paolo Lostritto have all been re-elected as directors of the board.
Approval of Control Person
The Shareholders of Savary Gold have also approved the creation of Mr. Ross Beaty as a new control person (as defined by the policies of the TSX Venture Exchange).
Appointment of New Corporate Secretary
Savary Gold has appointed Daniella Tintor as Corporate Secretary effective July 1, 2015. Ms. Tintor has provided corporate secretarial and administrative support services for public and private companies for the past five years. She is Corporate Secretary with RG Management Services Inc., a financial and administrative services company based in Toronto. On Ms. Tintor’s appointment, the Board of Directors announces the resignation of Brianna Davies. The Board and Management wish to thank Ms. Davies for her continued support and dedication to the Company.
Change to Corporate Head Office
Effective July 1, 2015, Savary Gold will be moving to a new corporate office located at:
Suite 2400-120 Adelaide Street West
Savary further advises that it has not renewed its Independent Contractor Agreement with Forbes & Manhattan Inc. and an agreement with 2227929 Ontario Inc., for shared services, as of July 1, 2015.
Additional changes to the Company’s contact information, including new phone and fax numbers, will be posted to the Savary Gold website.
About Savary Gold
Savary Gold, a Canadian exploration company, along with partner, Sarama Resources Limited, are focused on exploring the 750 km2 Karankasso Property in Burkina Faso. The properties are in the Birimian age Houndé Greenstone Belt, which hosts Semafo’s Mana mine and additional gold deposits that are presently subject to extensive exploration efforts (including Endeavour Mining’s Houndé Project, Roxgold’s Yaramoko Project and Sarama’s/Acacia’s South Houndé JV Project, which is adjacent to the Karankasso JV property). For additional information please visit our website at www.savarygold.com and follow us on Facebook, LinkedIn and Twitter.
Don Dudek, P.Geo., President and CEO of the Company and a qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.
SAVARY GOLD CORP.
On behalf of the Board
President & Chief Executive Officer
For more information, please contact:
Manager, Investor Relations
Neither 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.
This news release may contain forward-looking statements. These statements include statements regarding the details of the drill program, the company’s exploration plans, the focus on existing drill targets and new targets. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.