Visible Gold Mines announces results of annual meeting of shareholders

About this update from Visible Gold Mines Inc.

[{"type":"text","content":"\n\n\nROUYN-NORANDA, QC, Dec. 6, 2013 /CNW Telbec/ - Visible Gold Mines (TSXV: VGD) (Frankfurt: 3V4) announces the voting results from its annual and special meeting of\n shareholders held on November 29, 2013.  At the meeting, the\n shareholders elected Martin Dallaire, Sylvain Champagne, Pierre Vézina\n and Sébastien Bellefleur as directors of the Corporation.  Following\n the shareholders' meeting, the Board of Directors re-appointed Martin\n Dallaire as President and Chief Executive Officer of the Corporation,\n Sylvain Champagne as Secretary and Chief Financial Officer of the\n Corporation and Robert Sansfaçon as Vice President, Exploration of the\n Corporation.\n\n\nIn addition, shareholders also approved resolutions ratifying and\n confirming the Corporation's stock option plan, approving an amendment\n to By-Law No.1 and re-appointing Raymond Chabot Grant Thornton LLP,\n Chartered Accountants, as the auditors of the Corporation.\n\n\nThe Board of Directors has today granted stock options in respect of\n 900,000 common shares to four directors. The options were granted\n pursuant to Visible Gold Mines' Stock Option Plan. The exercise price\n of the options is $0.05. The options expire in ten years. The option\n granted to the Visible Gold's directors will vest immediately.\n\n\nAs regards the take-over bid for the Corporation made by Zara Resources\n in August 2013, the Corporation obtained a cease-trade order, as\n previously announced, which effectively suspended the offer. The\n cease-trade order remains in effect, so that it is business as usual\n for the Corporation.\n\n\nAbout Visible Gold Mines\n\n\nVisible Gold Mines Inc. is a dynamic corporation aggressively searching\n for the next important gold deposit in northwestern Québec, an area\n consistently ranked as one of the world's best jurisdictions for mining\n and exploration.\n\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider\n (as that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of the release.\n\n\n\n\n\n\n\n\n\nSOURCE Visible Gold Mines Inc.\n\n\n\n Martin Dallaire, President and Chief Executive Officer Telephone: 819-762-0609, Fax: 819-762-0097 E-mail: [email protected] Website: www.visiblegoldmines.co...

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