June 02, 2014 14:47 ET
CALGARY, ALBERTA--(Marketwired - June 2, 2014) - Northern Abitibi Mining Corp. (TSX VENTURE:NAI) is pleased to report that at its Annual & Special Meeting, held on June 2, 2014, Shane Ebert, Jean-Pierre Jutras, Doug Cageorge and Lesley Hayes were re-elected to the Board of Directors.
Shareholders also approved fixing the number of directors at four, the appointment of BDO Canada LLP as Auditors, ratifying the Corporation's stock option plan and a 5:1 share consolidation. The Board of Directors currently has no immediate plans to implement the consolidation but, was asking the shareholders of the Corporation for approval should an opportunity arise that may require a consolidation during the next year. If a consolidation is implemented it will remain subject to acceptance of the TSX Venture Exchange and other regulatory approvals as may be necessary.
Barbara O'Neill, Corporate Secretary
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Northern Abitibi's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Northern Abitibi. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Northern Abitibi's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Northern Abitibi's filings with the Canadian securities authorities. Accordingly, holders of Northern Abitibi shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Northern Abitibi disclaims any responsibility to update these forward-looking statements.
Northern Abitibi Mining Corp.Shane Ebert1.250.964.2699Northern Abitibi Mining Corp.Jean Pierre Jutras1.403.233.26361.403.266.2606 (FAX)www.naminco.ca
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