CALGARY, ALBERTA--(Marketwire - May 24, 2012) - Manson Creek Resources Ltd. ("Manson" or the Corporation") (TSX VENTURE:MCK) announces that shareholders have approved all the resolutions presented to them at the Annual and Special Meeting held on May 24, 2012.
The shareholders re-elected five directors to the Board: Regan Chernish (President), Jean Pierre Jutras (Vice-President), Shane Ebert, Douglas Porter and Gordon Clarke. The shareholders also appointed PricewaterhouseCoopers LLP, Chartered Accountants, as the Corporation's auditors and ratified and approved the 10% rolling stock option plan.
The shareholders also approved a consolidation of the issued share capital on the basis of up to five (5) pre-consolidated common shares for one (1) post-consolidation common share and authorized the Board, if it considers it to be in the best interest of the corporation to effect this consolidation at any time during the ensuing year.
Regan Chernish, P. Geol., President and Director
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Manson Creek's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Manson Creek. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Manson Creek's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Manson Creek's filings with the Canadian securities authorities. Accordingly, holders of Manson Creek shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Manson Creek disclaims any responsibility to update these forward-looking statements.
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.