TORONTO, Sept. 27, 2012 /CNW/ - Gold World Resources Inc. (TSXV: GDW) or ("the "Company") is pleased to report that on September 27, 2012 at the Company's Annual and Special Meeting 40,823,563 shares or 36.31% represented 112,438,090 of the issued and outstanding shares. Management thanks its shareholders for their loyalty and support.
1) Fix number of Directors: 34,407,563 voted (84.28%) For and 6,416,000 (15.72%) voted Against
2) Election of Directors: 28,844,217 voted For - 6,933,857 voted Withhold and 2,532,694 not voted (US)
| The slate of elected directors is: |
| Hermann Derbuch, Chairman & CEO |
R. Allan Doherty
Gerald J. Gauthier
Brian D. McChesney
3) Appointment of KPMG LLP as Auditors/authorizing the Directors to fix the Auditors remuneration: 38,300,768 votes For and 10,000 voted Withhold
4) Rolling Stock Option Plan: 35,279,074 voted For - 499,000 voted Against 2,532,694 not voted (US)
The Officers and Audit Committee, consisting of independent directors were appointed at the ensuing Board Meeting as follows (Mr. Dale Hendrick did not seek reelection see press release July 24, 2012):
| || || Officers: || Hermann Derbuch, Chairman & Chief Executive Officer |
Domenico Bertucci, Chief Financial Officer
| Audit Committee: |
| Brian D. McChesney, Chairman |
Gerald J. Gauthier
| || || Compensation Committee: || Brian D. McChesney, Chairman |
Also, the Company is pleased to announce the successful completion of a private placement (the "Offering") for gross proceeds of $95,000 (see 2nd Quarter Report). The Offering issued 1.7 million common share units ("Units") and 200,000 flow-through units ("FTU") at $0.05 per Unit or FTU. Each Unit consisted of one common share with a full share purchase warrant ("Warrant"). Each FTU consisted of one flow through common share and half a Warrant. Each Warrant is exercisable at $0.10 per share for twenty-four months from date of issue.
The securities issued are subject to a hold period of 4 months in accordance with the rules and policies of the TSX Venture Exchange. The Offering remains subject to the final approval of the TSX Venture Exchange.
About the Company:
The Company is a gold and precious metals exploration company. Its current focus is on the Mount Anderson Yukon gold/silver, polymetallic project. The Company recently acquired a polymetallic Project in Nova Scotia.
ON BEHALF OF THE BOARD
Chairman & CEO, Gold World Resources