| Northern Abitibi Announces Results of Annual & Special Meeting | |
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CALGARY, ALBERTA--(Marketwired - Jun 2, 2014) - Northern Abitibi Mining Corp. (TSX VENTURE:NAI) is pleased to report that at its Annual & Special Meeting, held on June 2, 2014, Shane Ebert, Jean-Pierre Jutras, Doug Cageorge and Lesley Hayes were re-elected to the Board of Directors. Shareholders also approved fixing the number of directors at four, the appointment of BDO Canada LLP as Auditors, ratifying the Corporation's stock option plan and a 5:1 share consolidation. The Board of Directors currently has no immediate plans to implement the consolidation but, was asking the shareholders of the Corporation for approval should an opportunity arise that may require a consolidation during the next year. If a consolidation is implemented it will remain subject to acceptance of the TSX Venture Exchange and other regulatory approvals as may be necessary. Barbara O'Neill, Corporate Secretary The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release. Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Northern Abitibi's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Northern Abitibi. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Northern Abitibi's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Northern Abitibi's filings with the Canadian securities authorities. Accordingly, holders of Northern Abitibi shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Northern Abitibi disclaims any responsibility to update these forward-looking statements.
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Northern Abitibi Mining Corp
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EXPLORATION STAGE |
CODE : NAI.V |
ISIN : CA6647241018 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Northern Abitibi Mining is a gold and cobalt exploration company based in Canada. Its main exploration properties are SOUTH VOISEY BAY, TAYLOR BROOK, DOUAY NORTHWEST and VIKING in Canada. Northern Abitibi Mining is listed in Canada. Its market capitalisation is CA$ 1.1 millions as of today (US$ 806 842, € 756 657). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 0.44, and its lowest recent point on January 01, 2016 at CA$ 0.01. Northern Abitibi Mining has 107 310 000 shares outstanding. |