MONTREAL, QUEBEC–(Marketwired – June 29, 2016) – GFK Resources Inc. (TSX VENTURE:GFK) (the “Company”) announces the results of its annual and special meeting of its shareholders held June 28, 2016, including:

1. appointment of Michael Kinley, Patrick Fernet, Louis Morin, Anthony Croll and Tony Brisson as directors of the Company;
2. re-appointment of Davidson & Company LLP, chartered accountants, as auditors for the ensuing fiscal year; and
3. the Company’s 10% rolling stock option plan was approved.

Each of the matters was approved by at least 96% of the votes cast. The full text of the matters considered are set out in the Company’s information circular prepared for the annual and special meeting of the shareholders, as filed under the Company’s profile on SEDAR at www.sedar.com.

Immediately following the meeting, the directors appointed the following officers:

• Anthony Croll as Chairman of the Board;
• Louis Morin as CEO;
• Michael Kinley as President and CFO; and
• Patrick Fernet as Corporate Secretary.

The Company also wishes to announce the granting of 300,000 stock options to a director. Each option entitles its holder to purchase one common share of the Company for $0.20 for a period of 5 years expiring June 29, 2021. The options are granted in accordance with the policies of the TSX Venture Exchange and the terms and conditions of the Company’s Stock Option Plan.

About GFK

GFK Resources Inc. is a mining exploration company focused on discovering high quality gold deposits close to existing mines in the Abitibi Greenstone Belt located in north-west Quebec and north-east Ontario – one of the most prolific gold deposits areas in the world. GFK holds assets in Val-d’Or and is optioning / buying new quality assets in Chapais-Chibougamau mining camp, Urban-Barry area and along the Casa-Berardi-Cameron Gold Break. All our projects are located in proven environment with strong potential for new gold discoveries, where exploration costs are low.

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