Vancouver, BC / March 24, 2014 / Durango Resources Inc. (the "Company") announces that the Company held its annual general meeting of the shareholders (the "Meeting") on Monday, March 24th, 2014.
Twenty four (24) shareholders were present, in person or by proxy, at the Meeting representing 39% of the issued and outstanding shares of the Company.
The Company would like to thank all shareholders for their continued support and is pleased to announce the re-election of Marcy Kiesman and Veronica Liu as directors of Durango Resources Inc. Peter Dimmell was not re-elected and the Company would like to sincerely thank Mr. Dimmell for his efforts over his four year term and wishes him great success in the future. Ms. Danae Voormeij chose not to let her name stand for election as director.
The Company would like to welcome Ms. Thea Koshman who was nominated and elected at the meeting to act as an independent director. Ms. Koshman obtained an LL.B. from York University's Osgoode Hall Law School in 1987 and a Bachelor of Arts (Honours) degree from York University in 1984. She is an experienced securities, corporate finance and business lawyer and is a member of the Law Society of British Columbia. Ms. Koshman has held the positions of corporate secretary and/or corporate counsel for various public companies in a number of industries. She was recently corporate counsel for a "mine-to-market" TSX-V listed company and is currently a director of Huaxing Machinery Corp., also listed on the TSX-V. In her capacities as lawyer and as corporate counsel she has provided securities, corporate governance and general business law advice and guidance to junior mining issuers and other public companies for 26 years.
Marcy Kiesman, CEO said, "I wholeheartedly welcome Ms. Thea Koshman to the board of directors and look forward to working with her and our newly revitalized board as we prepare for an exciting year with Durango."
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Decouverte and Trove gold properties in the Abitibi of Quebec, the McGillivray property in British Columbia, the Albany Spurs graphite property located in northeastern Ontario and the Buckshot graphite property near the Miller Graphite mine in Quebec.
For further information on Durango, please refer to its SEDAR profile at http://www.sedar.com/.
Marcy Kiesman, Chief Executive Officer
This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, obtaining financing, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties, as it relates to Durango Resources Inc., please refer to the Company's Prospectus filed with SEDAR.
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.
Release ID: 37507