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Alexander Nubia International Announces Results of Annual and Special Meeting of Shareholders
Alexander Nubia International Announces Results of Annual and Special Meeting of Shareholders ...
About this update from Aton Resources Inc.
[{"type":"text","content":"Alexander Nubia International Announces Results of Annual and Special Meeting of ShareholdersAlexander Nubia International Announces Results of Annual and Special Meeting of Shareholders\nToronto, Ontario CANADA, June 27, 2013 /FSC/ - Alexander Nubia International Inc. (AAN - TSX Venture), (the \"Company\") is pleased to announce the voting results from its annual and special meeting of shareholders held on June 21, 2013 (the \"Meeting\"). \nAt the Meeting, the shareholders of the Company voted in favour of resolutions: (i) electing A. Alexander Massoud, Mark Campbell, Giles Baynham and Dr. Peter Ruxton as directors of the Company; (ii) approving the re-appointment of Davidson & Company LLP, Chartered Accountants, as the auditors of the Company; (iii) approving the Company's rolling stock option plan; and (iv) approving the consolidation of the common shares of the Company by a ratio to be determined by the directors of the Company between the range of 5:1 and 20:1.\nIn addition, disinterested shareholders also voted in favour of resolutions: (i) approving certain amendments to performance agreements between the Company and certain officers, employees and consultants of the Company; and (ii) approving the issuance of common shares of the Company to certain non-arm's length creditors in exchange for the settlement and cancellation of certain debts. All common shares issued in connection with the shares for debt transaction are subject to a four month statutory hold period, expiring October 27, 2013.\nFor details regarding the above-noted matters, please refer to the Company's management information circular dated May 22, 2013, which is filed under the Company's profile on SEDAR at www.sedar.com.\nAbout Alexander Nubia International Inc.\nAlexander Nubia International Inc. is an established Canadian mineral exploration company that has been operating in Egypt since 2007.  It is committed to identifying, focusing on and advancing gold and base-metal projects in the Eastern Desert of Egypt.  The Company holds two exploration concessions in Egypt: Abu Marawat and Fatiri, which cover areas of 1,027 km2 and 1,745 km2, respectively.  The Company is focused on exploration within the Abu Marawat Concession, which contains its two main properties, the Hamama volcanogenic massive sulphide (\"VMS\") deposit ...