GEODRILL ANNOUNCES ANNUAL AND SPECIAL MEETING RESULTS

About this update from Geodrill Limited

[{"type":"text","content":"\n\n\n May 10, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTORONTO, May 10 /CNW/ - Geodrill Limited ("Geodrill" or "the Company")\n (TSX: GEO), a leading West African based drilling company, announced\n the results of its Annual and Special Meeting of Shareholders held\n yesterday, pursuant to the Notice of Meeting and a Proxy Statement\n mailed April 12, 2011.\n\n\nAt the meeting, the Geodrill shareholders:\n\n\n\nElected all of the incumbents, namely David Harper, John Bingham, Colin\n Jones, Allen Palmiere, and Victoria Prentice to the Board of Directors;\n\n\nAppointed Deloitte & Touche LLP, Chartered Accountants, as the new\n auditor of the Company and to authorize the Board of Directors to fix\n its remuneration; and\n\n\nApproved the Company's stock option plan as set forth in the management\n information circular dated April 7, 2011.\n\n\n\nOut of a total of 42,476,000 ordinary shares issued and outstanding that\n were entitled to vote at the meeting, 30,039,590 ordinary shares, or\n 71%, voted.\n\n\nAbout Geodrill Limited\n\n\nGeodrill Limited is a leading West African based drilling company\n currently operating in Ghana and Burkina Faso. Geodrill provides\n exploration and development drilling services to major, intermediate\n and junior mining companies with exploration and development operations\n in West Africa.  The Company specializes in providing reverse\n circulation, diamond core and air-core drilling services using a modern\n fle...

More updates from Geodrill Limited