Alpha Gold Shareholders Vote in Favour of All Motions at AGM
August 28 2012 - 6:46AM
PR Newswire (Canada)
VANCOUVER, Aug. 30, 2012 /CNW/ - Alpha Gold Corp. (the "Company")
is pleased to announce that shareholders overwhelming approved all
motions presented at the Annual General and Special Meeting held
August 28(th), with most items receiving over 90% support from
votes cast. The voting results are taken as an endorsement of
Management's strategies in these troubled times, and included
approval for a potential share consolidation between 5:1 and 15:1.
The Company currently has 47,236,701 shares issued and outstanding.
Going forward, Management will be focusing on:
a) Interpretation and follow up from
results of Lustdust Property data compilation currently being done
by Aurora Geosciences Ltd.;
b) Possible investment opportunities
by way of joint venture or acquisition of property in exchange for
ALQ share position; and c) Raising
funds prudently. About Alpha Gold Corporation Alpha Gold is a
mineral exploration company whose 100%-owned, royalty-free,
Lustdust Property is advantageously situated with nearby road and
rail access in north-central British Columbia. Lustdust consists of
20 contiguous mineral claims covering 9,583 hectares and contains
twelve known mineralized areas, of which the copper-gold-silver
Canyon Creek Skarn Deposit has a NI 43-101 compliant resource.
Alpha Gold Corporation has approximately 47.2 million shares issued
and outstanding, 53.0 million fully diluted. Shares are listed on
the TSX Venture Exchange under the symbol "ALQ". - Carl Pines, CEO,
Director, on behalf of Alpha Gold Corp. Should you wish to receive
Company news via email, please contact michelle@chfir.com and
specify "Alpha Gold News" in the subject line. 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.
Statements in this release that are forward-looking statements are
subject to various risks and uncertainties concerning the specific
factors disclosed under the heading "Risk Factors" and elsewhere in
the Company's periodic filings with Canadian securities regulators.
Such information contained herein represents management's best
judgement as of the date hereof based on information currently
available. The Company does not assume the obligation to update any
forward-looking statement. Alpha Gold Corp. CONTACT: Please
visit www.alphagold.bc.ca or contact:CHF Investor RelationsCathy
Hume, CEOT: 416-868-1079 x231E: cathy@chfir.com
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