Canadian Goldfields Discovery CorpTSXV: CGM

California Gold Mining Announces Results of Annual Meeting of Shareholders

May 2, 2018 at 3:42 PM UTC · Issued by Canadian Goldfields Discovery Corp

Toronto, Ontario (FSCwire) - California Gold Mining Inc. (“California Gold” or the “Company”) announces that at today’s annual and special meeting of shareholders, the Company’s shareholders elected Kevin Cinq-Mars, Patrick Cronin, Vishal Gupta, Scott Rasenberg, William Tomlinson and Larry Phillips as directors of the Company. Shareholders also re-appointed MNP LLP Chartered Accountants as the Company's auditors and approved amendments to the Company's option plan to change the plan from a fixed number plan to a rolling 10% plan.

A total of 14,879,840 shares were represented at the meeting, being approximately 31.757% of the Company’s outstanding shares.

About California Gold Mining Inc.

California Gold Mining Inc. is focused on developing its 100%-owned Fremont Project in Mariposa County, California. The Project consists of an entirely private and patented land package totaling 3,351 acres of historically producing gold mines, with a state highway, PG&E electric substation and abundant water present on the Property itself. The Property lies within California’s prolific Mother Lode Gold Belt that has produced over 50 million oz of gold historically. The Company purchased the Property in March 2013.

Neither the 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.

For further information contact:

Vishal Gupta

President & Chief Executive Officer

647-977-9267 x333

Website: www.caligold.ca

To view the original release, please click here

Source: California Gold Mining Inc. (TSX Venture:CGM, OTCQX:CFGMF)

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