VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 24, 2014) - Sedex Mining Corp. (TSX VENTURE:SDN) ("Sedex" or the "Company") is pleased to announce that Alan Campbell, Alex Caldwell, John-Mark Campbell, and Steven Chan have been elected to the Company's board of directors. Messrs. Caldwell, Campbell, and Chan are replacing Richard Hughes, Mark Luchinski, and Thomas Kennedy who leave the board effective March 18, 2014. The Company wishes to thank them for their past efforts and wishes them the best going forward. Mr. Alan Campbell has also been appointed President & CEO of Sedex Mining Corp.
At the Company's Special and Annual General Meeting on March 18, 2014, shareholders voted 92.89% in favour of consolidating its share capital on the basis of one (1) new common share for every existing ten (10) common shares (the Consolation). Where the exchange results in a fractional share the number of common shares will be rounded to the nearest whole common share. The Consolidation will enhance the marketability of the common share as an investment and facilitates additional financing to fund future operations. Shareholders also approved amendments to the company's articles, stock option plan, and name change.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.