VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 23, 2012) - Mosquito Consolidated Gold Mines Limited - Laurel Hill Advisory Group would like to congratulate the newly elected directors of Mosquito Consolidated Gold Mines Limited. The Shareholders overwhelming supported the nominees at the court-ordered Annual General Meeting. On Tuesday, October 16, 2012, the shareholders of the Company approved the election of Hongxue Fu, Shaun Dykes, Stanislaw Siewierski, Joseph Baird, John Moeller and Long Wang as directors of the Company.
The results of the meeting come after a lengthy court process, in which the British Columbia Supreme Court ruled that the results of the original AGM held in December, 2011 be invalid and all resolutions passed be null and void. This decision was made due to a number of factors, including what the judge described as, "serious flaws in the voting procedures used by Mosquito [management] in relation to the AGM held on December 16, 2011".
"Throughout this process, and in spite of the many obstacles, including the court battle, our clients' commitment to the shareholders and vision for the company never diminished. Their persistence and passion made this a successful outcome" said David Salmon, Senior Vice President of Laurel Hill Advisory Group.
"Laurel Hill is pleased with the result, which demonstrates great tenacity by all parties, and wishes to congratulate the new management of Mosquito, soon to be renamed, CuMo Mining" added David Salmon.
About Laurel Hill Advisory Group
The Laurel Hill Advisory Group is North America's only independent, cross border proxy solicitation firm. Independence means we focus solely on your interests, and are not subject to the conflicts that can arise within other proxy firms having a transfer agent ownership. Cross border operations allows us to effectively reach shareholders regardless of their location - Canada, US and globally. Our team's experience has resulted in Canada's best proxy contest win record for the past 3 years, and on both sides of the border we are regularly engaged on high profile, complex and contentious situations involving M&A, restructuring, and corporate governance issues. We focus on providing accurate and strategic intelligence. Combining this with tactical expertise and efficient execution consistently produces industry-leading results.