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Re: News Release - Friday, June 03, 2011
Powertech Announces Results From Annual And Special Meeting
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VANCOUVER, B.C. - POWERTECH URANIUM CORP. ("Powertech" or the
"Company") is pleased to announce that all resolutions presented at the
Company's Annual and Special General Meeting (the "Meeting") held on
Tuesday, May 31, 2011, including the appointment of directors, the
appointment of BDO Canada LLP (formerly BDO Dunwoody LLP) as auditors,
the approval of the Company's 2011 Stock Option Plan and all
unallocated options under the 2011 Stock Option Plan, were approved by
the shareholders of the Company.
The directors elected to serve for the ensuing year are Richard F.
Clement, Jr., Thomas A. Doyle, Douglas E. Eacrett, Greg Burnett,
Malcolm Clay, Wallace M. Mays and John Dustan.
Mr. Dustan is a new member of the Company's board of directors. In the
past five years, Mr. Dustan has served as an advisor to, or director
of, numerous public and private sector groups, including the Alberta
Public Service Pension Fund, Pacific Blue Cross and its subsidiary, BC
Life Insurance Company, the Vancouver Foundation and BC Special
Olympics. He was also a governor of the Law Foundation of British
Columbia and a public representative on the Professional Conduct
Enquiry Committee of the BC Institute of Chartered Accountants, of
which he is currently an ad hoc member.
There was no other business brought forward at the Meeting.
About Powertech Uranium Corp.
Powertech Uranium Corp. is a mineral exploration and development
company that, through its Denver-based subsidiary Powertech (USA),
Inc., holds the Dewey-Burdock Uranium Deposit in South Dakota, the
Centennial Project in Colorado and the Dewey Terrace and Aladdin
Projects in Wyoming. The Company's key personnel have over 200 years of
experience in the uranium industry throughout the United States, and
have permitted more than a dozen in-situ operations for production. For
more information, please visit http://www.powertechuranium.com
POWERTECH URANIUM CORP.
Per: "Richard F. Clement"
Richard F. Clement Jr.,
President & CEO
For further information, please contact:
Thomas A. Doyle, CFO, VP Finance
Phone: (604) 685-9181
Email: info@powertechuranium.com
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of the content of this News Release.
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Copyright (c) 2011 POWERTECH URANIUM CORP. (PWE) All rights reserved.
For more information visit our website at
http://www.powertechuranium.com/ or send
mailto:info@powertechuranium.com
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Powertech Uranium Corp.
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EXPLORATION STAGE |
CODE : PWE.TO |
ISIN : CA7393691067 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Powertech Uranium is a uranium development stage company based in Canada. Its main exploration properties are ALADDIN, DEWEY TERRACE, CENTENNIAL and DEWEY BURDOCK in USA. Powertech Uranium is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 5.4 millions as of today (US$ 4.7 millions, € 3.8 millions). Its stock quote reached its highest recent level on March 30, 2007 at CA$ 4.50, and its lowest recent point on October 30, 2014 at CA$ 0.04. Powertech Uranium has 152 950 000 shares outstanding. |