Brigus Gold Corp.

Published : May 13th, 2011

Announces Changes to Two Proxy Items for Approval at its Annual & Special Meeting of Shareholders

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Halifax, Nova Scotia; May 13, 2011� Brigus Gold Corp. (�Brigus� or the �Company�) (TSX and NYSE Amex: BRD) announces it has made improvements to two proxy items proposed at its Special and Annual Meeting of Shareholders on May 27, 2011 in Halifax, Nova Scotia.  These two proxy items are Proposal 3 to approve the Company�s Amended Stock Option Plan (�Amended Plan�) and Proposal 4 to approve continuance of the Company from the Yukon Business Corporations Act to the Canada Business Corporations Act and adoption of the new by law.
 
Brigus has made changes to the Amended Plan which it believes makes the Amended Plan more stringent in accordance with current best practices in corporate governance.  Brigus intends to seek the approval of shareholders for the following further amendment provisions to the Amended Plan in addition to the amendments already set out in Schedule �A� of its Management Information Circular dated April 15, 2011 (�Information Circular�):
  • Non-Executive Directors (�NEDs�) are restricted to options to acquire an aggregate maximum of 1% of the total number of Brigus Common Shares outstanding at any one time, and a limit of US$100,000 annual award value per NED;
  • Definition of  �Participants� of the Amended Plan will not be amended to reintroduce NEDs as unrestricted Participants;
  • No further amendments will be made to the above provisions.
 
In addition, Brigus has amended the Company�s by law as described in Schedule �C� its Information Circular as follows:
  • Section 3.17, Votes to Govern, has been amended to read, �At all meetings of the board every question shall be decided by a majority of votes cast on the question.�  This change means that the chair of the meeting will not have a second or casting vote.
  • Section 7.6, Quorum, has been amended to read, �Two persons and each entitled to vote thereat, representing a minimum of 25% of the shares entitled to vote at a meeting of shareholders shall represent a quorum for the transaction of business at any meeting of shareholders.�
 
About Brigus Gold
 
Brigus is a growing gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions.  The Company operates the wholly owned Black Fox Mine and Mill in the Timmins Gold District of Ontario, Canada.  The Black Fox Complex encompasses the Black Fox Mine and adjoining properties, as well as the Black Fox Mill, in the Township of Black River-Matheson, Ontario, Canada.  Brigus is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus Gold has a letter of intent to sell 75% of its Ixhuatan silver-gold project located in the state of Chiapas.  In the Dominican Republic, Brigus has a joint venture covering three mineral exploration projects.

Contact Information
   
Jennifer Nicholson, Vice President, Investor Relations
Phone: 902-422-1421
Email: ir@brigusgold.com
 
Wendy Yang, Vice President
Phone: 303-524-3203
 

Data and Statistics for these countries : Canada | Dominican Republic | Mexico | All
Gold and Silver Prices for these countries : Canada | Dominican Republic | Mexico | All

Brigus Gold Corp.

PRODUCER
CODE : BRD
ISIN : CA1094901024
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Brigus Gold is a gold producing company based in Canada.

Brigus Gold holds various exploration projects in Canada.

Its main asset in production is BLACK FOX in Canada, its main asset in development is GOLDFIELDS - BOX DEPOSIT in Canada and its main exploration properties are STOCK MINE, GOLDFIELDS - ATHONA DEPOSIT, GREY FOX, BOX, PIKE RIVER and ATHONA in Canada, PONTON DOMINICAN REPUBLIC, LA CUEVA, LOMA EL MATE, LOMA HUECA and AMPLIACION PUEBLO VIEJO in Dominican Republic and IXHUATAN, HUIZOPA and IXHUATÁN - CAMPAMENTO in Mexico.

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Financings of Brigus Gold Corp.
10/30/2012Brigus Gold Closes $30 Million Bought Deal Debt Financing
2/23/2012Brigus Gold Corp. Announces $15 Million Bought Deal Equity F...
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3/17/2011Brigus Gold Announces Filing of Final Prospectus
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Nominations of Brigus Gold Corp.
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7/25/2012Brigus Appoints Daniel Racine as COO
4/25/2012A Letter from Brigus Gold’s President and Chief Executive Of...
3/7/2011Jennifer Nicholson has been appointed Vice President, Invest...
2/9/2011Dana Hatfield appointed Chief Financial Officer following re...
Financials of Brigus Gold Corp.
11/12/2013Reports Third Quarter Financial Results
5/13/2013Brigus Gold Reports Strong First Quarter 2013 Financial Resu...
3/27/2013Brigus Gold Reports Fourth Quarter and 2012 Financial Result...
8/10/2012Brigus Gold Reports Q2 Financial Results
3/29/2012Brigus Gold Reports 2011 Financial Results
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Project news of Brigus Gold Corp.
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10/8/2013Reports Q3 Production Results
7/2/2013Brigus Gold Reports Grey Fox Resource of 507,400 Indicated O...
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5/8/2013(Grey Fox)Brigus Gold Drills Deepest High Grade Intersection to Date a...
4/29/2013(Black Fox)Brigus Gold Reports High Grade Drill Results at Black Fox
4/8/2013Brigus Gold Exceeds Q1 Production Target
4/2/2013(Grey Fox)High Grade Drilling Results Returned on the 147 and Contact ...
3/18/2013(Grey Fox)High Grade Drilling Results to Expand the Resource at Grey F...
1/7/2013Brigus Gold Hits 2012 Production Target
10/10/2012CORRECTING and REPLACING Brigus Gold Reports Q3 Production a...
9/20/2012(Grey Fox)Brigus Gold Reports 480,850 Indicated Ounces in New Grey Fox...
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8/23/2012Brigus Gold Reports Further High Grade Gold Results from the...
7/10/2012Brigus Gold Meets Q2 Production Target
6/12/2012Brigus Releases High-Grade Exploration Results
4/5/2012Brigus Gold Hits Q1 Production Target
3/14/2012High-Grade Gold Assays Continue at Brigus Gold’s 147 Zone
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9/7/2011Brigus Reports High-Grade Gold Assays at the Contact Zone of...
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6/23/2011Mill Expansion News from Brigus Gold
6/20/2011(Black Fox)Exploration News from Brigus Gold
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Corporate news of Brigus Gold Corp.
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12/16/2013Primero - Primero to Acquire Brigus Gold and Create a Divers...
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7/9/2013Brigus Gold Reports Q2 Production Results
6/19/2013Brigus Reports High Grade Drilling Results at the 147 Zone
5/31/2013Brigus Gold Resumes Milling Operations
5/22/2013Brigus Gold Reports Temporary Suspension of Milling Operatio...
1/9/2013Brigus Gold Intersects High Grades at 147 Zone
11/12/2012Brigus Gold Reports Q3 Financial Results
10/25/2012Brigus Gold Provides Exploration Update
10/10/2012Brigus Gold Reports Q3 Production and Goldstream Repurchase
9/6/2012Brigus Gold Provides Corporate Update
8/31/2012Brigus Gold Completes Sale of Calais Notes
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5/25/2012Brigus Gold Reports Temporary Suspension of Milling Operatio...
5/7/2012Brigus Gold Agrees to Sell Calais Notes for USD $6.0 Million
5/3/2012Brigus Gold is on Track to Hit Q2 Production Target
4/17/2012Brigus Gold Reports 5.95 Grams Per Tonne Gold over 56.7 Metr...
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3/20/2012(Black Fox)Brigus Gold Reports Continued Progress at Black Fox
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1/11/2012Brigus Reports Additional High-Grade Gold Assays from the 14...
1/3/2012Brigus Announces Management Changes
12/21/2011Brigus Gold Provides Fourth Quarter Update
12/15/2011Brigus Increases Black Fox Complex Resource by More Than 50%...
12/14/2011Adopts New Shareholder Rights Plan
11/29/2011Brigus Reports Additional High-Grade Gold Assays
9/16/2011Added to S&P/TSX Indices
7/6/2011Brigus Expands New 147 Gold Zone at Depth at Black Fox Compl...
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5/19/2011Brigus Shareholder Meeting, CEO's Letter to Shareholders & N...
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2/10/2011Brigus at the MoneyShow Orlando
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