Rocmec Announces Results of its Annual and Special Shareholders' Meeting
December 19 2013 - 4:37PM
Access Wire
Brossard (Quebec), December
19th, 2013- Rocmec Mining inc. (the "Corporation" or "Rocmec")
(TSX-V Symbol: RMI),
is pleased to announce that during its annual and
special shareholders meeting held on December 18th, 2013, shareholders voted massively in
favour of the matters presented for approval, including the
adoption of a resolution approving the creation of a new control
person of the Corporation, being Nippon Dragon.
Mr. Andre Savard,
Rocmec's president and CEO states: "I am
extremely pleased with the high number of shares that
were voted. The
total represents more than 50% of the outstanding common shares and I
would also like to thank
each and every one of the many shareholders who attended
the meeting."
The Corporation also
announces that the Board of Directors has approved amendments to
the Corporation's fixed number stock option plan (the "Plan") in
order to increase the number of common shares of the Corporation
(the "Common Shares") reserved for issuance under the Plan from
4,200,000 to 10,748,106 and to take into consideration the
amendments made to the rules of the TSX Venture Exchange. The
number of Common Shares reserved under the amended Plan represents
20% of the total number of Common Shares currently issued and
outstanding. Such increase was approved by the shareholders of the
Corporation at the Shareholders Annual and Special Meeting held on
December 18th,
2013.
The Corporation
further announces, that the Board of Directors granted a total of
3,355,000 options to purchase Common Shares to officers, directors
and employees. These options have an exercise price of $ 0.12 per
Common Share and an exercise period of 5 years.
Rocmec Mining
Inc. is active in the exploration
and the development of gold resources in Quebec and Peru. The
Corporation holds a gold property with resources
recognised in accordance with NI43-101, a modular treatment
plant and also an exclusive license for the thermal fragmentation
mining method for exploiting narrow-vein ore deposits.
The
company's growth strategy is based on:
-
--
The development of its gold deposits with the objective of
producing revenue from its operations;
--
Increasing the value of its mining assets by prioritizing the
exploration targets; and
-- The commercialisation
and employment of its
thermal fragmentation technology.
For additional information:
John Stella, Investor relations (514)
718-7976 jstella@rocmec.com
Andre Savard, President & CEO (450)
510-4442 asavard@rocmec.com
Neither 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.
This press release
includes certain statements that may be deemed "forward-looking
statements". All statements in this release, other than statements
of historical facts, that address future exploration drilling,
exploration and production activities and events or developments
that the Corporation expects, are forward looking statements.
Although the Corporation believes the expectations expressed in
such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future
performance and actual results or developments may differ
materially from those in forward-looking statements. Factors that
could cause actual results to differ materially from those in
forward looking statements include market prices, exploitation and
exploration successes, continued availability of capital and
financing, and general economic, market or business conditions.
7055, Taschereau Blvd, suite 500, Brossard,
Quebec, J4Z 1A7 Tel: (450) 510-4442
www.rocmec.com
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