Lexam VG Gold Inc.
TSX : LEX
FRANKFURT : VN3A
OTCQX : LEXVF

Lexam VG Gold Inc.

May 09, 2016 16:48 ET

Lexam VG Gold Announces Election of Directors

TORONTO, ONTARIO--(Marketwired - May 9, 2016) - Lexam VG Gold Inc. (the "Company" or "Lexam") (TSX:LEX)(FRANKFURT:VN3A)(OTCQX:LEXVF) announces the results of the vote for the election of Directors held at its Annual Meeting of Shareholders (the "Meeting") on May 6, 2016. Detailed results for the election of Directors are as follows:

Nominee For Withheld Percentage
For
Percentage
Withheld
Robert R. McEwen 74,873,119 87,401 99.88 % 0.12 %
Richard W. Brissenden 74,555,203 405,317 99.46 % 0.54 %
John C. Drake 72,154,864 2,805,656 96.26 % 3.74 %
Robin E. Dunbar 74,873,207 87,313 99.88 % 0.12 %
Hugh C. Squair 72,435,014 2,525,506 96.63 % 3.37 %
John G. Tait 74,848,119 112,401 99.85 % 0.15 %
Robert E. Van Tassell 72,467,600 2,492,920 96.67 % 3.33 %

At the Meeting, shareholders also voted to approve the appointment of Collins Barrow Toronto LLP as auditors of the Company, with Votes For totaling 103,816,331 shares, representing 99.67% of shares voted.

The formal report of voting results with respect to all the matters voted upon at the Meeting will also be filed on the SEDAR website at www.sedar.com.

About Lexam VG Gold

Lexam VG Gold is a gold exploration company with four key property assets in the Timmins gold camp of northern Ontario, Canada: Buffalo Ankerite, Fuller, Davidson Tisdale (100% Lexam) and Paymaster (61% Lexam/ 39% Goldcorp Canada Ltd.). Lexam's exploration programs are targeted to build the Company's resource base and to determine the economics on its projects. Visit the links to Lexam's 43-101 Resources and PEA for details. Chairman Rob McEwen owns 27% of the Company's 227 million issued and outstanding shares.

To learn more about Lexam VG Gold, please visit our website at www.lexamvggold.com.

Contact Information

  • Contact: Mihaela Iancu
    Director, Corporate Administration
    647-258-0395 ext. 320
    Toll Free: 866-441-0690
    647-258-0408 (FAX)
    info@lexamvggold.com

    Mailing Address: Lexam VG Gold Inc.
    150 King Street West
    Suite 2800, P.O. Box 24
    Toronto, ON, Canada
    M5H 1J9