Blind Creek Resources Ltd.

TSX VENTURE : BCK


Blind Creek Resources Ltd.

December 07, 2012 20:22 ET

Blind Creek Announces Results of AGM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 7, 2012) - Blind Creek Resources Ltd. (TSX VENTURE:BCK) (the "Company"), announces that the shareholders approved all the resolutions put before them at the Company's Annual General Meeting (the "AGM") held on November 26, 2012 at Vancouver, BC. At the AGM shareholders voted to re-elect J. Frank Callaghan, Andrew H. Rees, and Thomas Kennedy as directors for the ensuing year; to reappoint BDO LLP as the Company's auditors for the ensuing year and authorized the directors to fix the auditor's remuneration; and approved the Company's 2012 Stock Option Plan. The stock option plan is subject to TSX Venture Exchange approval.

For more information on these matters, please refer to Blind Creek's information circular, available on SEDAR (www.sedar.com).

Following the AGM, the directors reappointed Mr. J. Frank Callaghan as CEO and Ms. Jovi Hsieh as CFO of the Company. The Company's audit committee is comprised of J. Frank Callaghan, Thomas Kennedy and Andrew H. Rees.

The Board of Directors would like to thank the shareholders for their ongoing support.

The Company also advises that the option grant announced on June 29, 2012 was not completed and the Company will make a further announcement should it make any option grants in the future.

This news release has been prepared on behalf of the Board of Directors which takes full responsibility for its contents.

J. Frank Callaghan, President and CEO

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events and conditions and therefore involve inherent risks and uncertainties. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward looking statements to conform these statements to actual results. All phases of the Company's operations are subject to environmental regulation and governmental approval and permits and there can be no assurance that the Company will obtain all the requisite permits for future development. Mining is an inherently risky business with large capital expenditures and cyclical metals markets.

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.

Contact Information

  • Blind Creek Resources Ltd.
    J. Frank Callaghan
    President and CEO
    (604) 669-6463 or Toll Free: 1-800 663-9688
    (604) 669-3041 (FAX)