Lithium Exploration Adjacent to Nemaska Lithium's Whabouchi property in Quebec
Message: Durango Reports AGM Results
Vancouver, BC / August 1, 2017 - Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTC-ATOXF), (the "Company" or "Durango") reports the results of its annual general meeting (the "AGM") held Friday July 28, 2017 at its head office located in Vancouver, BC.
Shareholders voted in person and by proxy representing an aggregate of 7,816,951 shares, being 20.70% of the 37,766,019 issued and outstanding shares as at the record date of June 23, 2017.
All four nominees listed in the management proxy circular, Marcy Kiesman, Veronica Liu, Thea Koshman and Twila Jensen, were re-elected as directors of Durango for the ensuing year. Shareholders also approved Durango's 10% rolling stock option plan and re-appointment of Crowe MacKay LLP, chartered accountants, for the 2017 audit.
Following the AGM, directors re-elected Marcy Kiesman as the Company's President and CEO, and Veronica Liu as the CFO.
Marcy Kiesman, CEO of Durango, commented, "On behalf of the board of directors I would like to thank all of our shareholders for their continued support. We look forward to an exciting year ahead and bringing value to our shareholders through the exploration and expansion of Durango's properties."
Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner's Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine and the Buckshot graphite property near the Miller Mine in Quebec, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario.
For further information on Durango, please refer to its SEDAR profile at www.sedar.com.
Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900 or 604.339.2243
Email: [email protected]
This document may contain or refer to forward-looking information based on current expectations, including, but not limited to financing and the exploration of its properties and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company's prospectus filed on its SEDAR profile at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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