TORONTO, ONTARIO–(Marketwired – Sept. 7, 2016) – VENDOME RESOURCES CORP. (the “Company“) (TSX VENTURE:VDR)(FRANKFURT:9VR), is pleased to announce the following results from the annual general and special meeting of shareholders (the “Meeting“) held at the offices of Garfinkle Biderman LLP, 1 Adelaide Street East, Suite 801, Toronto, Ontario, M5C 2V9, on Tuesday, the 6th day of September, 2016:
The number of directors until the next annual general meeting of the Company was set at five. W. John Priestner, Victor Dario, Rodney Ireland and Roger Dahn were elected as directors of the Company until the next annual general meeting of the Company. Wasserman Ramsay LLP, Chartered Accountants was appointed as the Company’s auditors for ensuing fiscal year.
The shareholders of the Company approved of a special resolution approving the consolidation of the presently issued common shares of the Company on a 10 for 1 basis (the “Consolidation“). The Company will immediately proceed with the Consolidation. In addition, the shareholders of the Company approved a special resolution allowing the directors of the Company to change the name of the Company to such other name as they may determine.
At the Meeting, the shareholders also passed a resolution approving the renewal of the Company’s Stock Option Plan.
Following the Meeting the board of directors of the Company held a board meeting where they accepted the resignation of Victor Dario as Chief Financial Officer and appointed Jacques Arsenault in his stead as Chief Financial Officer. In addition, the board of directors reappointed W. John Priestner as President and Chief Executive Officer.
This News Release has been prepared on behalf of the directors of Vendome Resources Corp. who accepts responsibility for its contents.
About Vendome:
Vendome is a mineral exploration company located in Toronto, Ontario, Canada. Our primary focus is to acquire “near-term production” exploration mining projects and existing producers. Vendome Resources Corp. is managed by an experienced team of mining professionals with extensive operating and financial experience.
ON BEHALF OF THE BOARD OF DIRECTORS OF VENDOME RESOURCES CORP.
W. John Priestner, President and Chief Executive Officer
Cautionary Note Regarding Forward-Looking Statements:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
