MONTREAL, Nov. 26, 2014 /CNW Telbec/ - Quinto Real
Capital Corporation (TSXV: QIT) ("Quinto" or the "Company")
confirms that at its annual and special shareholders meeting held
on last September 25, the
shareholders voted at the majority in favour of all the resolutions
set out in the management proxy circular, including re-election of
members of the Company's Board of directors, consisting of
Marcel Bergeron, Michael Curtis, Philippe Frère and André Goguen.
The shareholders have also voted at the majority in favour of the
appointment of the auditors, Pétrie Raymond LLP.
The Company also confirms the renewal of its rolling stock
option plan (the "Plan") by its shareholders at the last annual and
special shareholders meeting held on last September 25. Pursuant to the Plan, the Company
may grant options to directors, officers, employees of, and
consultants to, the Company, provided that the total number of
common shares of the Company issued under the Plan shall not exceed
10% of the number of common shares outstanding at the time of the
grant of option. The exercise price cannot be lower than the
closing market price of the Company's common shares on the last
trading day prior to the issuance of options, less any discount
allowed, and subject to a minimal price of $0.05. Stock options under the Plan are
exercisable for a period no longer than 10 years and the exercise
price must be paid in full upon exercise of the option.
About Quinto Real Capital Corporation
Quinto Real Capital Corporation is a Canadian-based mining
exploration company focused on the exploration, evaluation and
development of gold mining properties with a view to commercial
production.
Neither the 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 news release. Statements made in this news release
that are not historical facts are "forward-looking statements" and
readers are cautioned that any such statements are not guarantees
of future performance, and that actual developments or results, may
vary materially from those in these "forward-looking"
statement.
SOURCE Quinto Real Capital Corporation
