MONTREAL, July 30, 2015 /CNW Telbec/ - NEVADO RESOURCES
CORPORATION (TSXV: VDO) (FSE: NSV) ("NEVADO" or the
"Corporation") is pleased to announce the results of its annual and
special meeting of the shareholders of the Corporation that was
held on July 30, 2015.
During the meeting, the shareholders approved, by a majority of
votes, the reduction of the required quorum to constitute a
shareholders' meeting to 5%, the appointment of
PricewaterhouseCoopers LLP as auditors of the Corporation as well
as the election of the following Directors: MM. Marcel Bergeron, Michael
Curtis, Philippe Frère and Jean-Guy
Masse. The shareholders have also approved the rolling stock
option plan of the Corporation amended to reflect modifications
that have been made to the TSX Venture Exchange's policies, to
increase the validity period for the options from five (5) years to
ten (10) years and to amend the minimal exercise price from
$0.10 to the minimum exercise price
permitted by the TSX Venture Exchange's policies, taking into
account the discount available.
About Nevado Resources Corporation
Nevado Resources is a junior strategic metals company with
properties located in Canada. The
Corporation owns a 100% interest in the La Blache
titanium-vanadium-iron property in Northern Quebec, the Fermont graphite property near Focus
Graphite's Lac Knife property, and the Bozema and Steel River
zinc-copper-silver-gold properties in Ontario's Schreiber-Hemlo camp.
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. The 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" statements.
SOURCE Nevado Resources Corporation