Rockgate Capital Corp.
TSX : RGT

Rockgate Capital Corp.

December 20, 2010 16:03 ET

Rockgate Completes 2010 Shareholders' Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2010) - Rockgate Capital Corp. (TSX:RGT) (the "Company") announced today the results of the December 17, 2010 annual and special meeting of shareholders.

At the meeting shareholders elected Karl Kottmeier, Douglas Ford, Lorne Warner, Allen Ambrose, Gordon Neal, Edward Ford, Philip Williams and Bryan Hyde as directors. Shareholders approved the financial statements of the Company for its fiscal year June 30, 2010, appointed the auditors for the ensuing year and ratified the adoption of a revised 10-per-cent rolling stock option plan. No additional options were granted. Additionally, the shareholders approved the recently completed $15 million private placement of Subscription Receipts.

Following the meeting, the directors appointed Edward Ford, Gordon Neal, and Allen Ambrose as members of the audit committee; and appointed Philip Williams, Gordon Neal and Allen Ambrose to the compensation committee. Mr. Kottmeier was reappointed President and Chief Executive Officer; Mr. Douglas Ford was reappointed Chief Financial Officer and Secretary; and Mr. Ambrose was reappointed Non-executive Chairman.

Following the shareholders' meeting Rockgate's CEO Karl Kottmeier commented, "We are pleased to welcome our Vice President, Technical Development, Bryan Hyde to our board. Our shareholders will not only benefit from his experience as a successful mine developer, but also his expertise in the corporate boardroom. I am pleased that Chris Wild will remain with the Company as Vice President, Exploration for our subsidiary Delta Exploration, and I wish to thank him on behalf of all shareholders for his two years of service as a director of Rockgate. 2011 is going to be an exciting year for Rockgate, and I am confident that we are well equipped to handle the challenges before us."

ON BEHALF OF THE BOARD OF DIRECTORS OF ROCKGATE CAPITAL CORP.

Karl Kottmeier, President

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rockgate Capital Corp.
    Karl Kottmeier
    President
    (604) 678-8941
    or
    Rockgate Capital Corp.
    Kirk Gamley
    VP Corporate Development
    (604) 678-8941
    (604) 689-7442 (FAX)
    www.rockgatecapital.com