Arianne Resources Inc.: Shareholders Approve All Resolutions at the June 11 Shareholder's Meeting
SAGUENAY, QUEBEC - (June 16, 2009) - The management of Arianne Resources Inc. ("Arianne" or "Company") (TSX VENTURE:DAR) (FRANKFURT:JE9) (OTCBB:DARUF) is pleased to announce the results of the votes from the Annual and Special shareholder's meeting that took place on June 11.
The four items at the agenda were ratified by a majority of cast votes. The shareholder Rights Plan is therefore in place for the next 3 years and will protect shareholders in the event of a hostile takeover bid. The release of the Lac a Paul deposit 43-101 report and its underlying value, requested proactive action in the current market environment and in the event of a takeover.
Also, 75% of the cast votes accepted the consolidation of the common shares on the basis of 5 old shares for one new. In the coming days, we will release additional information regarding the consolidation as well as actions taken towards future financings.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION:
Source:
Arianne Resources Inc.
Mr. Bernard Lapointe, CEO
418-549-7316
Fax: 418-549-5750
bernard@arianne-inc.com
or
For info:
Arianne Resources Inc.
Mr. Norman Forrest, consultant
450-736-0453
norman@arianne-inc.com
