MGX Minerals Announces Results of Annual General Meeting

MGX Minerals (CSE:XMG) announced results of its Annual General Meeting held on January 14, 2016. 29.94% of all issued and outstanding shares of the Company were represented at the Meeting.
As quoted in the press release:

Resolutions proposed and approved at the Meeting included:

• The number of Directors was set to five;
• The five members elected to the Board of Directors included: Jared Lazerson, Michael Reimann, Andris Kikauka, Lyndon Patrick and H. David Read; and
• Adam Sung Kim Ltd. was re-appointed as auditor of the Company.

The Company also announces it has completed the following Shares-for-Debt Transactions:

• 50,000 shares issues pursuant to the Wonah Purchase Agreement;
• 550,000 shares issued at CA$0.15 to settle debt in the amount of CA$82,500; and
• 50,000 shares issued to a consultant.

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