Bison Gold Resources Inc.
TSX VENTURE : BGE

Bison Gold Resources Inc.

May 24, 2013 16:30 ET

Bison Gold Resources Inc. Announces Approval of Advance Notice By-Law

TORONTO, ONTARIO--(Marketwired - May 24, 2013) - Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) announces that Bison Gold will hold its Annual and Special Meeting (the "Meeting") of shareholders on June 28, 2013 at 10:00 a.m. (Toronto Time) at the offices of Bison Gold in Toronto, Canada. All shareholders of record as of May 18, 2013 are entitled to vote at the Meeting in person or by proxy.

Bison Gold further announces the approval by its board of directors (the "Board") of By-law No. 3, a by-law relating to the nomination of directors (the "Advance Notice By-law"). The purpose of the Advance Notice By-law is to provide shareholders, directors and management of Bison Gold with a clear framework for nominating directors.

Among other things, the Advance Notice By-law includes a provision that requires advance notice to be given to Bison Gold in circumstances where nominations of persons for election to the Board are made by shareholders of Bison Gold other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of the Business Corporations Act (Ontario) (the "Act"); or (ii) a shareholder proposal made pursuant to the provisions of the Act. The Advance Notice By-law fixes a deadline by which director nominations must be submitted to Bison Gold prior to any annual or special meeting of shareholders and sets forth the information that must be included in the notice to Bison Gold in order for a nominee to be eligible for election.

In the case of an annual meeting, notice to Bison Gold must be given no fewer than 30 nor more than 65 days prior to the date of the meeting; provided that if the meeting is to be held on a date that is fewer than 50 days after the date on which the first public announcement of the date of the meeting was made, notice may be given no later than the close of business on the 10th day following such public announcement.

In the case of a special general meeting that is not also an annual meeting, notice to Bison Gold must be made no later than the close of business on the 15th day following the day on which the first public announcement of the date of the special meeting was made. The Advance Notice By-Law is effective as of the date it was approved. In order for the Advance By-Law to remain in effect following conclusion of the Meeting, it must be ratified by an ordinary resolution of the shareholders at the Meeting.

The full text of the Advance Notice By-law will be available on SEDAR at www.sedar.com and further details regarding the Meeting will be contained in a Management Information Circular that will be filed on SEDAR in due course.

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Manitoba, Canada. Bison Gold's land holdings have historically produced in excess of 200,000 ounces of gold. Further details can be found on Bison Gold's website at www.bisongold.com.

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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