Sandspring Shareholders Approve All Matters at Annual and Special Meeting
June 05 2014 - 8:06PM
Marketwired
Sandspring Shareholders Approve All Matters at Annual and Special
Meeting
TORONTO, ONTARIO--(Marketwired - Jun 5, 2014) - Sandspring
Resources Ltd. ("Sandspring" or the "Company") (TSX-VENTURE:SSP), a
Canadian-based company focused on expanding and developing its
Toroparu gold project in Guyana, South America, reported that all
of Management's nominees, being John R. Adams, Richard A. Munson,
P. Greg Barnes, Gerald W. Grandey, Brad L. Doores, David Constable,
George M. Bee, and Suresh Beharry, were re-elected as directors of
the Company at its Annual and Special Meeting today. Each director
was elected by a majority of the shareholders. In addition, KPMG
Chartered Accountants LLP was reappointed as Sandspring's auditors
and, in accordance with the policies of TSX Venture Exchange, the
Company's Stock Option Plan was ratified and confirmed by the
shareholders.
About Sandspring
Sandspring Resources
Ltd. is a Canadian junior mining company currently in advanced
exploration and moving toward a definitive feasibility study for
the multi-million ounce Toroparu Project in the Republic of Guyana.
Visit Sandspring's website at www.sandspringresources.com.
Additional
information on Sandspring can be viewed on SEDAR under the
Company's profile at www.sedar.com or on Sandspring's website at
www.sandspringresources.com. This press release includes certain
forward-looking statements concerning future performance and
operations of the Company, including management's objectives,
strategies, beliefs and intentions. Forward-looking statements are
frequently identified by such words as "may", "will", "plan",
"expect", "anticipate", "estimate", "intend" and similar words
referring to future events and results. Forward-looking statements
are based on the current opinions and expectations of management at
the time such statements are made. All forward-looking
statements and information is inherently uncertain and may cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements or information.
Forward-looking
statements are subject to a variety of assumptions, risks and
uncertainties, including the speculative nature of mineral
exploration and development, fluctuating commodity prices, changes
in project parameters as plans continue to be refined,
uncertainties of project cost overruns or unanticipated costs and
expenses, uncertainties inherent in conducting operations in a
foreign country, uncertainties related to the availability and
costs of financing needed in the future, uncertainties related to
the ability to enter into the contracts necessary to develop the
mining project on reasonable terms, the risk that the conclusion of
pre-production studies may not be accurate, the risk that the
Company may be unable to successfully advance the Toroparu Project
to feasibility, risks that the Company may not obtain positive
results from ongoing evaluation and testing of multiple gold
targets located elsewhere in the Company's landholdings, operating
or technical difficulties in connection with mining or development
activities, labour disputes, and contests over title to properties,
particularly title to undeveloped properties, among other risks as
described in our public filings available at www.sedar.com. Actual
events or results may differ materially from those projected in the
forward-looking statements and we caution against placing undue
reliance thereon. The Company does not undertake to update any
forward-looking information except in accordance with applicable
securities laws.
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 release.
Sandspring Resources Ltd.Richard A. MunsonChief Executive
Officer(720)
854-0104info@sandspringresources.comwww.sandspringresources.com
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