Sanatana Reports Result of Annual General and Special Meeting
12 Décembre 2013 - 12:13AM
Marketwired
Sanatana Reports Result of Annual General and Special Meeting
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 11, 2013) -
Sanatana Resources Inc. ("Sanatana" or the "Company")
(TSX-VENTURE:STA) announces that all resolutions proposed at its
Annual General and Special Meeting held on December 11, 2013 were
duly passed.
Shareholders appointed the following people to the Company's
board of directors:
Peter Miles |
Buddy Doyle |
Edward Marlow |
Dr. Nicholas Archibald |
About the
Company
Sanatana Resources Inc. is a Canadian mineral exploration and
development company focused on its Watershed Property in Ontario.
Sanatana entered into an option and joint venture agreement with
Trelawney Augen Acquisition Corp. (formerly Augen Gold Corp.)
("TAAC") which grants Sanatana an option to acquire up to 51% of
the Watershed Property consisting of 46 mining claims totaling
approximately 19,006 acres and located within the Townships of Yeo,
Chester, Neveille and Benneweis. As at November 2012, Sanatana
exercised its first option and is the legal and beneficial owner of
50% of the Watershed Property. Sanatana has until March 2016, to
decide whether to exercise its right to acquire a further 1% in the
Watershed Property.
In June 2012 IAMGOLD Corporation completed its acquisition of
Trelawney Mining and Exploration Inc. and became the sole indirect
shareholders of TAAC. With an experienced management team and board
of directors, the Company has the ability required to identify,
develop and fund economic mineral properties. Sanatana is based in
Vancouver and is listed on the TSX Venture Exchange
(TSX-VENTURE:STA). In 2013, Sanatana expanded the Watershed
Property by acquiring, for the benefit of Sanatana and TAAC, a 20%
interest in three additional mining claims located in Yeo and
Chester Townships, Ontario.
SANATANA RESOURCES INC.
Peter Miles,
President and Chief Executive Officer
Cautionary Statement
Regarding "Forward-Looking" Information
Some of the
statements contained in this press release are forward-looking
statements and information within the meaning of applicable
securities laws. Forward-looking statements and information can be
identified by the use of words such as "plans", "expects",
"intends", "is expected", "potential", "suggests" or variations of
such words or phrases, or statements that certain actions, events
or results "may", "could", "should", "would", "might" or "will" be
taken, occur or be achieved. Forward-looking statements and
information are not historical facts and are subject to a number of
risks and uncertainties beyond Sanatana's control. Actual results
and developments are likely to differ, and may differ materially,
from those expressed or implied by the forward-looking statements
contained in this news release. Accordingly, readers should not
place undue reliance on forward-looking statements. The Company
undertakes no obligation to update publicly or otherwise revise any
forward-looking statements, except as may be required by law.
Neither TSX
Venture Exchange nor its Regulations Services Provider (as that
term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
Sanatana Resources Inc.Mr. Peter MilesPresident and Chief
Executive Officer604.408.6680 or Toll Free:
1.877.881.6680604.408.6682investor@sanatanaresources.comwww.sanatanaresources.com
Sanatana Resources (TSXV:STA)
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