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Annual and Special Meeting Results
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October 29, 2007, - Vancouver - Golden Peaks Resources Ltd. (TSX: GL)
announces that at its Annual and Special Meeting (the "Meeting") held
October 18, 2007, shareholders elected Messrs. Scott Emerson, Kieran
Downes, Nick DeMare, Gil Leathley and William Lee as directors of the
Company.
In addition, the shareholders passed an ordinary resolution to create a
new stock option plan for the Company which provides for the granting
of such number of stock options as is equal to 10% of the issued and
outstanding common shares of the Company at the date of grant. Since
the last shareholders' approval of the stock option plan, the Company
graduated from the TSX Venture Exchange to The Toronto Stock Exchange
("TSX") and as such, it is necessary to create a new plan in order to
comply with the policies of the TSX.
At a directors meeting held subsequent to the Meeting, the directors
appointed Mr. Scott Emerson as Chairman, Mr. Kieran Downs as President
and Chief Executive Officer and Mr. Harvey Lim as Chief Financial
Officer and Secretary.
Media Information, contact:
Scott Emerson, Chairman and Director
SE@goldenpeaks.com
Investor Information, contact:
Mike Kordysz, Investor Communications
MK@goldenpeaks.com
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
The statements herein that are not historical facts are forward-looking
statements. These statements address future events and conditions and
so involve inherent risks and uncertainties, as disclosed under the
heading "Risk Factors" in the company's periodic filings with Canadian
securities regulators. Actual results could differ from those currently
projected. The Company does not assume the obligation to update any
forward-looking statement.
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Copyright (c) 2007 GOLDEN PEAKS RESOURCES LTD. (TSX-V:GL) All rights
reserved. For more information visit our website at
http://www.goldenpeaks.com/ or send mailto:info@goldenpeaks.com
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