Pure Nickel Shareholders Approve Annual Meeting Resolutions
TORONTO: June 24, 2015. Pure Nickel Inc. (TSXV: NIC) (the “Company”) announces that at the Company’s Annual General and Special Meeting of the Shareholders held in Toronto, Ontario all resolutions were passed by the requisite majority.
Election of Directors
The following incumbent directors were re-elected: Harry Blum, Thomas Kofman, David McPherson, R. David Russell and W.S. (Steve) Vaughan. Constantine Salamis, a director since 2007, decided not to stand for re-election. The Company would like to acknowledge the contribution made by Mr. Salamis and thank him for his service. Mr. Salamis, a mining engineer, has been involved with numerous mineral exploration and production companies over the past 55 years. He provided the Company with invaluable guidance as a member of the Technical, Health & Safety, the Governance & Nominating and the Compensation Committees. Mr. McPherson, Pure Nickel’s CEO and President commented, “We have been fortunate to have had access to Con’s deep knowledge and wish him well in the future.”
Other ASM/AGM results
Grant Thornton LLP was appointed as auditor of the Company for the ensuing year, and the directors were authorized to fix their remuneration. The shareholders also reapproved the Company’s Stock Option Plan.
About Pure Nickel Inc.
Pure Nickel is a mineral exploration company with a diverse collection of nickel, copper and platinum group element exploration projects in North America.
Forward Looking Statements
Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, expectations, plans, and objectives of Pure Nickel are forward-looking statements that involve various risks. The following are important factors that could cause Pure Nickel’s actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future exploration activities and cash flows, and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Pure Nickel undertakes no obligation to update such forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information:
Pure Nickel Inc.
T. (416) 644-0066