Minfocus Exploration Announces Annual General Meeting Results

Posted Posted by Minfocus in PGE Supply-Demand News

TORONTO, ONTARIO–(Marketwired – Aug. 23, 2013) - Minfocus Exploration Corp. (TSX VENTURE:MFX) (“Minfocus”) is pleased to announce that all matters set out in our management information circular dated July 22, 2013 for the 2013 Annual Meeting of Shareholders held on August 21, 2013 (the “Meeting”) were approved by shareholders.

The following five nominees were elected as directors of the Company. The detailed results of the vote for the election of directors are set out below:

Director Nominee Votes For % For Votes Withheld % Withheld
Gerald Harper 10,988,955 92.36 % 908,464 7.64 %
Kenneth B. deGraaf 10,988,955 92.36 % 908,464 7.64 %
Mark Selby 11,238,955 94.47 % 658,464 5.53 %
Roger Walsh 10,988,955 92.36 % 908,464 7.64 %
Graham Wilson 10,988,955 92.36 % 908,464 7.64 %


About Minfocus Exploration Corp.

Minfocus Exploration Corp. is a Canadian company currently focused on the continued growth of a portfolio of Platinum Group Element (“PGE”) rich resource assets through exploration, acquisitions and joint ventures in Northwest Ontario, Canada, which is one of the most stable mining districts in the world with global class PGE deposits. Minfocus has a distinguished management group with a record of multiple discoveries of deposits worldwide, and more than 15 years of experience and success exploring for PGE- rich resources in Ontario, including the discovery of the first Platinum-rich PGE deposit, the Panoramic Resources’ Current Lake deposit (+790,000 oz Pt-Eq). The Minfocus management group also has extensive strength and success in corporate development, M&A and project development, which together with its technical prowess is aimed at delivering growth in shareholder value through a balanced strategic approach.

Neither the TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

This press release includes certain forward-looking statements concerning the future performance of the Company’s business and operations as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are often identifiable by the use of words such as “may”, “will”, “might”, “would”, “plan”, “believe”, “expect”, “anticipate”, “intend”, “estimate”, “scheduled”, “forecasts” and similar expressions or variations (including negative variations) of such words and phrases. Forward-looking statements are based on the current opinions and expectations of management, and are subject to a number of risks and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from those currently anticipated by such statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, the possibility that future exploration results will not be consistent with the Company’s expectations, fluctuating commodity prices, delays in commencing the Company’s proposed drilling program, exploration costs varying significantly from estimates, the availability of financing, and other risks identified in the Company’s documents filed with the Canadian securities regulatory authorities at www.sedar.com. Any forward-looking statement speaks only of the date on which it is made, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.