VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 14, 2012) - Cairo Resources Inc. (the "Company") (TSX VENTURE:QAI.P) is pleased to announce that all matters of business were approved at the Company's 2012 Annual General Meeting held on September 13, 2012.
Shareholders approved the election of the Board of Directors consisting of Michael Sadhra, Ralph Biggar and Rauni Malhi, the appointment of Smythe Ratcliffe LLP as the Company's auditor for the ensuing year and the adoption of the Company's Stock Option Plan.
The Company also announces that Mr. Antonio Melicio de Quadros, a proposed nominee to the Board of Directors for the ensuing year, tendered his resignation on September 9, 2012 and advised that he did not wish to stand for election. Mr. de Quadros' name was therefore withdrawn for nomination as a Director.
The Company is a capital pool company under the policies of the TSX Venture Exchange Inc.
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 release.