Pasinex Resources’ Shareholders Re-Elect Directors and Approve Resolutions at AGM

Pasinex Resources Limited (CSE:PSE,FWB:PNX) reported results from its recent annual general and special meeting, held on November 13, 2014. The following director nominees were elected to the Board: Larry Edward Seeley, Steven Williams, Sven Olsson, John Barry, Jonathan Challis, Victor Wells and Joachim Rainer; Dr. Larry Seeley and Mr. Joachim Rainer were appointed new directors. The following resolutions were also approved: appointment of MNP LLP Chartered Accountants, as auditors; adoption of new Articles of Incorporation of the Company; and approval of the 2014 Stock Option Plan.

As quoted in the press release:

Each of the director nominees proposed by management for election was elected by 100% of the votes that were cast, to the Board of Directors: Larry Edward Seeley, Steven Williams, Sven Olsson, John Barry, Jonathan Challis, Victor Wells and Joachim Rainer were elected to the Board of Directors. Dr. Larry Seeley and Mr. Joachim Rainer are appointed new directors of the Company.

At the meeting, shareholders also approved the following resolutions:

• Appointment of MNP LLP Chartered Accountants, as auditors for the ensuing year and authorizing the directors to fix their remuneration; (100% of votes cast)
• Adoption of new Articles of Incorporation of the Company, as set out in the Management Information Circular as filed on SEDAR; (100% of votes cast)
• Adoption of advance notice provisions to the new Articles of the Company (99.67% of votes cast); and
• Approval of the 2014 Stock Option Plan (99.49% of votes cast).

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