TNR Gold's 2012 Annual General Meeting Held / Overwhelming
Shareholder Support For Management And Board Of Directors
VANCOUVER, British Columbia,
Nov. 19, 2012 /PRNewswire/ -- TNR
Gold Corp. ("TNR" or the "Company") held its Annual
General Meeting on November 16,
2012 and is pleased to announce that all resolutions
proposed in the information circular were passed. In addition, all
agenda items, as outlined in the circular, were approved and all
directors standing for election were re-elected. The Directors for
the ensuing year will consist of Mr. Gary
Schellenberg, Mr. Kirill
Klip, Mr. Paul Chung and Mr.
Greg Johnson.
Mr. Gary Schellenberg was
reappointed President and Chief Executive Officer. Mr. Kirill Klip was appointed Non Executive Chairman
of the Board and will directly support and advise the Chief
Executive Officer of the Company. Mr. Paul
Chung was reappointed Secretary and Mr. Jerry Bella was reappointed Chief Financial
Officer. Mr. John Harrop was
reappointed Vice President of Exploration and Mr. Antony Kovacs was appointed Chief Operating
Officer.
"Approximately 69 million shares, or 47% of the outstanding
shares, were voted with an overwhelming support from the
shareholders for the direction Management and the Board of
Directors are taking the Company," comments Gary Schellenberg.
The Company also announces 400,000 incentive stock options have
been granted to a director of the Company. The options are
exercisable at $0.10 per share for a
period of five years, subject to regulatory approval. The options
are subject to a four month hold period.
ABOUT TNR GOLD CORP.
Over the past twenty-one years TNR, through its lead generator
business model, has been successful in generating high quality
exploration projects around the globe. With the Company's
expertise, resources and industry network, it is well positioned to
aggressively identify, source, explore, partner and continue to
expand its project portfolio.
TNR's recently listed subsidiary, International Lithium Corp.
(TSX:ILC.V), demonstrated the successful application of TNR's
business model in which TNR shareholders benefited from a unit
distribution upon spin-out of TNR's lithium and rare metals
projects. TNR remains a large shareholder in ILC at 25.5% of
outstanding shares.
At its core, TNR provides significant exposure to gold and
copper through its holdings in Alaska and Argentina; and teamed with the recent
acquisitions of rare-earth elements and iron ore projects in
Canada confirm TNR's commitment to
continued generation of in-demand projects, while diversifying its
markets and building shareholder value
On behalf of the board,
Gary
Schellenberg
President
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. Statements in this press release other
than purely historical information, historical estimates should not
be relied upon, including statements relating to the Company's
future plans and objectives or expected results, are
forward-looking statements. News release contains certain
"Forward-Looking Statements" within the meaning of Section 21E of
the United States Securities Exchange Act of 1934, as amended.
Forward-looking statements are based on numerous assumptions and
are subject to all of the risks and uncertainties inherent in the
Company's business, including risks inherent in resource
exploration and development. As a result, actual results may vary
materially from those described in the forward-looking
statements.
Stock Exchange: TSX Venture Exchange
Symbol: TNR
CUSIP: #87260X 109
SEC 12g3-2(b): Exemption #82-4434
620 - 650 West Georgia Street
Vancouver, British Columbia
V6B 4N9, Canada
Voice: (604) 687-7551
Fax: (604) 687-4670
1-800-667-4470
E-mail: info@tnrgoldcorp.com
Website: http://www.tnrgoldcorp.com
SOURCE TNR Gold Corp.