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Brionor Resources Inc.: Update on Special Meeting of Shareholders
Published : November 16, 2012
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Keywords :   Brionor | Gold |

TORONTO, ONTARIO--(Marketwire - Nov. 16, 2012) - Brionor Resources Inc. ("Brionor" or the "Company") (News - Market indicators) announces the mailing to its shareholders of the Information Circular prepared in connection with the Annual and Special Meeting of Shareholders to be held in Toronto on December 12, 2012 (the "Meeting"). One of the purposes of the Meeting is to obtain shareholder approval in connection with the Corporation's previously announced transaction with Xmet Inc. ("Xmet") relating to the sale of Brionor's 100% interest in the Pitt Gold Project to Xmet (see the Corporation's press release dated October 1st, 2012 for more information on the transaction).

At the Meeting, the Corporation will also be soliciting the approval of its shareholders in connection with an amendment to the Corporation's stock option plan (the "Plan") approved by the Board of Directors prior to the mailing of the Information Circular. Under the current Plan, 3,581,246 common shares are reserved for issuance following the exercise of previously granted stock options. The amendment proposes to convert the Plan into a 10% rolling stock option plan.

A copy of the Corporation's Information Circular and of the amended and restated asset purchase agreement between the Corporation and Xmet will be filed shortly on SEDAR (www.sedar.com).

Brionor is a junior mining exploration company with a portfolio of exploration projects in Québec.

Neither 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.

Brionor Resources Inc.
Lewis Lawrick, President & CEO
647-478-5307
or
Brionor Resources Inc.
Robert Ayotte, Executive Chairman
450-441-9177
info@brionor.com
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Brionor Resources

EXPLORATION STAGE
CODE : BNR.V
ISIN : CA10971M1059
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Nominations of Brionor Resources
8/13/2013Announces Board Resignation
6/25/2013Announces Changes to Its Board of Directors
Project news of Brionor Resources
12/17/2012(Pitt)Obtains Shareholder Approval for Sale of Pitt Gold Project a...
10/1/2012(Pitt)Amends Agreement With Xmet on Sale of Pitt Gold Project
Corporate news of Brionor Resources
10/29/2013Grants Consent to Atala for Acquisition of AuEX Argentina S....
9/24/2013Extends Deadline to Close the Atala Acquisition
4/30/2013(Pitt)Announces Agreement With Xmet on Pitt Gold Will Not Proceed ...
2/20/2013to Acquire Atala Resources
11/16/2012Update on Special Meeting of Shareholders
6/20/2011(Pitt)Announces 43-101 Technical Report and Audited Preliminary Re...
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TSX-V (BNR.V)
0.020+0.00%
TSX-V
CA$ 0.020
09/15 15:49 -
0%
Prev close Open
0.020 0.020
Low High
0.020 0.020
Year l/h YTD var.
0.020 -  0.050 -50.00%
52 week l/h 52 week var.
0.020 -  0.050 -50.00%
Volume 1 month var.
3,571 -%
24hGold TrendPower© : -37
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2014-50.00%0.050.03
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