VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 25, 2016) – Pilot Gold Inc. (TSX:PLG) (“Pilot Gold” or the “Company”) is pleased to announce voting results from the Company’s Annual and Special Meeting of Shareholders held on May 25, 2016 (the “Meeting”). A total of 53,057,991 common shares were voted, representing the votes attached to 42.34% of all outstanding common shares. Shareholders voted in favour of the election of all director nominees. The percentage of votes cast for each is as follows:
| Dr. Mark O’Dea | 99.16% |
| Mr. Cal Everett | 99.19% |
| Mr. Donald McInnes | 98.81% |
| Mr. Robert Pease | 99.17% |
| Mr. Sean Tetzlaff | 99.29% |
Shareholders also voted in favour of approving and ratifying the Company’s Amended and Restated Advance Notice Policy, approved an increase to the maximum aggregate allowable number of restricted share units and deferred share units issuable under their respective plans, and approved the reappointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants as auditor of the Company.
Voting results are released in accordance with Toronto Stock Exchange requirements. Detailed voting results for the Meeting are available on SEDAR at www.sedar.com.
ABOUT PILOT GOLD
Pilot Gold is led by a proven technical and capital markets team that continues to discover and define high-quality assets. Our two core projects are Goldstrike in Utah and Kinsley Mountain in Nevada. The Company also holds important interests in two Turkish assets, Halilaga and TV Tower, and has a pipeline of Western US projects characterized by large land positions and district-wide potential that can meet our growth needs for years to come.
For more information about the Meeting, visit www.pilotgold.com.
Except for statements of historical fact relating to Pilot Gold Inc., certain information contained herein constitutes “forward-looking statements”. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as “expects”, “anticipates”, “plans”, “believes”, “considers”, “intends”, “targets”, or negative versions thereof and other similar expressions, or future or conditional verbs such as “may”, “will”, “should”, “would” and “could”. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Pilot Gold Inc.’s public filings, which may be accessed at www.sedar.com. Other than as specifically required by law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, whether as a result of new information, future events, results or otherwise.
John Wenger
Chief Financial Officer and Corporate Secretary
604-632-4677 or Toll Free 1-877-632-4677
[email protected]
www.pilotgold.com
