Arianne Resources Inc.: Shareholders Approve All Resolutions at the June 11 Shareholder's Meeting
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SAGUENAY, QUEBEC, Jun 16 (MARKET WIRE) --
The management of Arianne Resources Inc. ("Arianne" or "Company") (TSX
VENTURE: DAR)(FRANKFURT: JE9)(OTCBB: DARUF) is pleased to announce the
results of the votes from the Annual and Special shareholder's meeting
that took place on June 11.
The four items at the agenda were ratified by a majority of cast votes.
The shareholder Rights Plan is therefore in place for the next 3 years
and will protect shareholders in the event of a hostile takeover bid. The
release of the Lac a Paul deposit 43-101 report and its underlying value,
requested proactive action in the current market environment and in the
event of a takeover.
Also, 75% of the cast votes accepted the consolidation of the common
shares on the basis of 5 old shares for one new. In the coming days, we
will release additional information regarding the consolidation as well
as actions taken towards future financings.
The TSX Venture Exchange
has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release.
Contacts:
Source:
Arianne Resources Inc.
Mr. Bernard Lapointe, CEO
418-549-7316
418-549-5750 (FAX)
bernard@arianne-inc.com
For info:
Arianne Resources Inc.
Mr. Norman Forrest, consultant
450-736-0453
norman@arianne-inc.com
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