TORONTO, ONTARIO--(Marketwire - June 25, 2012) - Renforth Resources Inc. ("Renforth" or the "Company") (CNSX:RFR) announces that its Annual General and Special Meeting of Shareholders was held on Monday, June 18, 2012 and the shareholders approved the following individuals to serve as directors of Renforth for the ensuing year: Nicole Brewster, David Danziger, Wally Rudensky, David Wahl and Judi Wood.
The shareholders also approved McGovern Hurley Cunningham LLP; Chartered Accountants serve to as auditors of Renforth for the ensuing year as well as the various debt settlements to insiders of Renforth.
The shareholders further approved to consolidate all of the issued and outstanding common shares on the basis of up to five (5) pre-consolidation securities for one (1) post-consolidation security, or such lesser ratio as our board of directors may determine appropriate.
All material from the Annual General and Special Meeting of Shareholders including Renforth's audited annual financial statements are available on SEDAR at www.sedar.com.
The Board of Directors of Renforth has ratified the appointment of Nicole Brewster as President and Chief Executive Officer and Kyle Appleby as Chief Financial Officer.
Renforth Resources Inc. is a Toronto-based exploration company pursuing the development of the Company's optioned New Alger project, located in the prolific Cadillac break between Rouyn and Val D'or Quebec. The Company is also evaluating additional exploration opportunities on an ongoing basis.
Forward-looking statements contained in this press release are based on a number of assumptions that may prove to be incorrect, including, but not limited to: timely implementation of anticipated drilling and exploration programs; the successful completion of new development projects, planned expansions or other projects within the timelines anticipated and at anticipated production levels; the accuracy of reserve and resource estimates, grades, mine life and cash cost estimates; whether mineral resources can be developed; title to mineral properties; financing requirements, general market conditions, and the uncertainty of access to additional capital; changes in the world-wide price of mineral commodities; general economic conditions; and changes in laws, rules and regulations applicable to the Company.
In addition to being subject to a number of assumptions, forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to be materially different from those expressed or implied by such forward-looking statements. The Company has no intention or obligation to update the forward-looking statements contained in this press release.
No securities regulatory authority has approved or disapproved of the contents of this news release.