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AGM Aldridge Minerals Inc. (delisted)

0.095
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Aldridge Minerals Inc. (delisted) TSXV:AGM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.095 0.095 0.10 0 01:00:00

Dalradian Announces AGM Voting Results

25/06/2014 10:48pm

Marketwired Canada


Dalradian Resources Inc. ("Dalradian" or the "Company") (TSX:DNA)(TSX:DNA.WT) is
pleased to announce that shareholders passed all resolutions proposed at its
2014 Annual General Meeting ("AGM") held earlier today in Toronto.


All nominees listed in the Company's management information circular dated May
26, 2014 were elected as directors of the Company. The detailed results of the
vote are as follows:




----------------------------------------------------------------------------
Director                   Vote type   Number of Votes  Percentage of Votes 
----------------------------------------------------------------------------
Patrick F.N. Anderson            For        54,572,069                99.88%
                            Withheld            64,000                 0.12%
----------------------------------------------------------------------------
Thomas J. Obradovich             For        54,572,069                99.88%
                            Withheld            64,000                 0.12%
----------------------------------------------------------------------------
Ari B. Sussman                   For        54,562,369                99.87%
                            Withheld            73,700                 0.13%
----------------------------------------------------------------------------
Sean E.O. Roosen                 For        47,851,263                87.58%
                            Withheld         6,784,806                12.42%
----------------------------------------------------------------------------
Ronald P. Gagel                  For        54,572,069                99.88%
                            Withheld            64,000                 0.12%
----------------------------------------------------------------------------
Jonathan Rubenstein              For        54,572,069                99.88%
                            Withheld            64,000                 0.12%
----------------------------------------------------------------------------
D. Grenville Thomas              For        54,572,069                99.88%
                            Withheld            64,000                 0.12%
----------------------------------------------------------------------------



The formal report on voting results with respect to all matters voted upon at
Dalradian's AGM will be filed on SEDAR at www.sedar.com.


About Dalradian Resources Inc.:

Dalradian Resources Inc. is a TSX-listed gold development and exploration
company focused on advancing its high-grade Curraghinalt gold deposit in
Northern Ireland.


Dalradian's flagship deposit, Curraghinalt hosts an NI 43-101 compliant measured
mineral resource of 0.02 MT grading 20.15 g/t gold for 15,100 contained ounces,
indicated mineral resource of 2.98 MT grading 10.34 g/t gold for 989,000
contained ounces and inferred mineral resource of 8.01 MT grading 9.67 g/t for
2,487,700 contained ounces. Mineral resources which are not mineral reserves do
not have demonstrated economic viability. Dalradian's NI 43-101 report,
"Curraghinalt Gold Deposit, Northern Ireland, Mineral Resource Estimate Update,
NI 43-101 Technical Report" is dated May 30, 2014, and was prepared by Tim
Maunula, P.Geo., President & Principal Geologist, T. Maunula & Associates
Consulting Inc., and is available on SEDAR at www.sedar.com.


Dalradian's 2012 Preliminary Economic Assessment reported positive results for a
proposed underground mine at Curraghinalt. Using 2012 3-year and 5-year trailing
average gold prices of $1,378 and $1,166 per ounce, the PEA showed an after-tax
IRR of 41.9% and 33.4% and NPV of US$467 and US$331 million respectively, based
on an 8% discount rate. While the PEA is based on the November 2011 mineral
resource estimate, its conclusions are not invalidated by the May 2014 mineral
resource update. Dalradian's NI 43-101 report, "A Preliminary Economic
Assessment of the Curraghinalt Gold Deposit, Tyrone Project, Northern Ireland"
is dated September 6, 2012, and was prepared by Mr. B. Terrence Hennessey,
P.Geo., Mr. Barnard Foo, P.Eng., Mr. Bogdan Damjanovic, P.Eng., Mr. Andre
Villeneuve, P.Eng., and Mr. Christopher Jacobs, CEng MIMMM of Micon
International Limited, and is available on SEDAR at www.sedar.com. 


Dalradian's Common Shares and Warrants are listed on the Toronto Stock Exchange
under the symbols "DNA" and "DNA.WT" respectively. For further information,
please see www.dalradian.com.


FORWARD-LOOKING INFORMATION

This news release contains "forward-looking information" which may include, but
is not limited to, statements with respect to the activities, events or
developments that the Company expects or anticipates will or may occur in the
future, including, without limitation, test work and confirming results from
work performed to date, estimation of mineral resources and the realization of
the expected economics of the Curraghinalt Gold Deposit. Often, but not always,
forward-looking statements can be identified by the use of words and phrases
such as "plans," "expects," "is expected," "budget," "scheduled," "estimates,"
"forecasts," "intends," "anticipates," or "believes" or variations (including
negative variations) of such words and phrases, or state that certain actions,
events or results "may," "could," "would," "might" or "will" be taken, occur or
be achieved.


Forward-looking statements are based on the opinions and estimates of management
as of the date such statements are made and are based on various assumptions,
continued political stability in Northern Ireland, that permits required for the
Company's operations will be obtained in a timely basis in order to permit the
Company to proceed on schedule with its planned development and exploration
programs, that skilled personnel and contractors will be available as the
Company's operations continue to grow, that the price of gold will be at levels
that render the Company's mineral project economic, that the Company will be
able to continue raising the necessary capital to finance its operations and
realize on mineral resource estimates, and that the assumptions contained in the
PEA are accurate and complete.


Forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements. Such
factors include, among others, general business, economic, competitive,
political and social uncertainties; the actual results of current exploration
activities; actual results of reclamation activities; conclusions of economic
evaluations; meeting various expected cost estimates; changes in project
parameters as plans continue to be refined; future prices of metals; possible
variations of mineral grade or recovery rates; failure of plant, equipment or
processes to operate as anticipated; accidents, labour disputes and other risks
of the mining industry; political instability; delays in obtaining governmental
approvals or financing or in the completion of development or construction
activities, as well as those factors discussed in the section entitled "Risk
Factors" in the Company's annual information form.


Although the Company has attempted to identify important factors that could
cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors that cause
actions, events or results to differ from those anticipated, estimated or
intended. Forward-looking statements contained herein are made as of the date of
this news release and the Company disclaims any obligation to update any
forward-looking statements, whether as a result of new information, future
events or results, except as may be required by applicable securities laws.
There can be no assurance that forward-looking statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Dalradian Resources Inc.
Marla Gale
Vice President, Communications
+1.416.583.5622
investor@dalradian.com
www.dalradian.com

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