Manson Creek Announces Results of Annual & Special Meeting and Provides an Update on the Guaman Project, Yukon
CALGARY, ALBERTA--(Marketwired - Jul 14, 2014) - Manson Creek Resources Ltd. ("Manson") (TSX VENTURE:MCK) is pleased to report that at its Annual & Special Meeting, held on July 9, 2014, Shane Ebert, Jean-Pierre Jutras, and Douglas Porter were re-elected to the Board of Directors.
Shareholders also approved fixing the number of directors at three, the appointment of BDO Canada LLP as Auditors and ratifying the Corporation's stock option plan.
Manson has also granted, under its Stock Option Plan, options to its Directors, Officers, a Consultant and an Employee to purchase up to 895,000 common shares for a period of five years commencing on July 11, 2014 at an exercise price of $0.10 per share.
Camp construction is currently underway for the fully funded upcoming drilling program, planned to commence on July 22nd, for a minimum of 800 meters of drilling in 4 holes. The initial program will target the heart of the coincident geophysical and geochemical anomalies which overlay large untested zones of high ground conductivity and associated chargeability as determined by previous induced polarization survey. The target area is also the site of extensive surface gossan formation over 650 meters of strike length, including the main Tell gossan, as determined by surface mapping to date. Partner Guatavita Gold Corporation has been cash called and has funded its pro-rata 65% share of the planned drill program expenditures.
The President of Manson, Jean-Pierre Jutras, P.Geol., is the Qualified Person responsible for the preparation of this news release.
On Behalf of the Board of Directors,
Jean-Pierre Jutras, President/Director
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Manson Creek's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Manson Creek. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Manson Creek's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Manson Creek's filings with the Canadian securities authorities. Accordingly, holders of Manson Creek shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Manson Creek disclaims any responsibility to update these forward-looking statements.
