Vanstar Mining Resources Inc.

Vanstar Mining Resources Inc.

July 09, 2015 14:09 ET

Vanstar Mining Resources Inc.: Voting Results of the General Meeting

LA PRAIRIE, QUÉBEC--(Marketwired - July 9, 2015) - The management of Vanstar Mining Resources Inc. (TSX VENTURE:VSR) is very pleased to announce the unanimous election of the proposed candidates as directors at the general meeting of the Corporation held July 6, 2015. The shareholders have also renewed unanimously the mandate of the auditor of the Corporation, Brunet & Associés in Longueuil.

The new directors, Pierre Lefebvre, Eric Beauchênes and Denis Bélisle all work in the field of communications, internet and medias. Together, they cumulate a vast experience in the area of the world of Internet. These new comers will be an important addition in the expected change of business as underlined in the press release of June 23, 2015.

Also, the Board of Directors adopted a resolution authorizing the Corporation to file an application for registration on the CSE and the OTC.

Lastly, Mr. Charles-Stéphane Roy has tendered his resignation as a director of the Corporation for personal reasons.

High Technology

As mentioned in the press release of June 23, 2015, the Corporation wishes to withdraw from the mining industry and evaluates different alternatives in the area of high technology, in particular in the area of mobile applications. Many projects under development are currently being studied.

About Vanstar

Notwithstanding a possible change of business, the Corporation has, nevertheless, the intention of keeping its agreement with IAMGOLD Corp in regards to the Nelligan Project (please refer to press release of November 17, 2015). Following the expected change of business, the Corporation should offer its other mining properties to eventual buyers who are always operating in the mining industry.

Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.

This press release may contain forward-looking statements involve known and unknown risks and uncertainties that could cause actual results to differ materially from targeted results. These risks and uncertainties include those described in the periodic reports of Vanstar, including the annual report or document file Vanstar occasionally with securities regulatory authorities

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