TSXV: AMT.H
TORONTO, July 11, 2016 /CNW/ - Amato Exploration
Ltd. (the "Company" or "Amato"), announces the results of its
Annual General Meeting (the "Meeting") held on June 30th, 2016 in Toronto, Ontario and the results of the
Scrutineer. At the Meeting, shareholders approved all resolutions
put before them by management including setting the number of
directors at four, the election of all director nominees, the
appointment of the auditors, and providing annual approval of the
2008 Stock Option Incentive Plan (the "2008 Plan").
The Company is advising that it is continuing to evaluate a
number of mineral assets in North
America, including precious metal properties for potential
acquisition. The Company will continue to pursue opportunities to
create value for its shareholders.
About Amato Exploration Ltd.
Amato Exploration Ltd. is a North American exploration
company based in Toronto, ON,
Canada. We are currently focused
on exploring for precious metals in North America.
DISCLAIMER
This news release contains forward-looking
statements which reflect management's current expectations
regarding the Company's objectives, plans, goals, strategies,
future growth, results of operations, performance and business
prospects and opportunities. These forward-looking statements are
not guarantees, but only predictions. Although the Company believes
that these statements are based on information and assumptions
which are current, reasonable and complete, these statements are
necessarily subject to a number of factors that could cause actual
results to vary significantly from current expectations. These
factors and other risks and uncertainties are discussed in the
Company's materials filed with the Canadian securities regulatory
authorities from time to time, as identified in the Company's
disclosure record on www.sedar.com. The forward-looking statements
included in this news release are made only as of the date of this
news release and the Company does not undertake to publicly update
these forward looking statements to reflect new information, future
events or otherwise, except as required by law.
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 news release.
SOURCE Amato Exploration Ltd.