June 30, 2014 (Vancouver, BC) - Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) (“Freegold”, the Company) today announced that all matters set out in the management information circular dated May 21, 2014 for the 2014 Annual General Meeting of Shareholders held on June 30, 2014 (the “Meeting”) were approved by the shareholders. Over 24,000,000 million shares were voted representing 30.70% of the outstanding shares of the Company.
The following six nominees were elected as directors of Freegold. The detailed results of the vote for the election of directors are set out below:
The Company’s shareholders also approved the appointment of James Stafford, Inc., Chartered Accountants as the auditors of the Company.
Each of the matters voted upon at the Meeting is discussed in detail in the Company’s Information Circular dated May 21, 2014 which is filed under the Company’s profile at www.sedar.com.
At the first meeting of the newly constituted Board of Directors held immediately after the Meeting, David Knight was re-appointed as Chairman of the Board, and the following individuals were re-appointed as officers of the Company:
Kristina Walcott, President & Chief Executive Officer, Gordon Steblin, Chief Financial Officer, and Alvin Jackson, Vice President, Exploration & Development, and Taryn Downing, Corporate Secretary.
The Board of Directors appointed Gary Moore (Chair), Andrew Partington and David Knight as the audit committee and David Knight (Chair), Garnet Dawson, and Gary Moore as the compensation and corporate governance committee.
About Freegold Ventures Limited
Freegold is a TSX listed company focused on the exploration of gold projects in Alaska. In addition to the Golden Summit Gold Project, the company holds a 100% in lease interest in the Rob Gold Project near the Pogo Gold Mine in the Goodpaster Mining District of Alaska and has an exploration agreement with option to lease the Vinasale Gold project in central Alaska.
For further information:
Kristina Walcott-President and CEO
Some statements in this news release contain forward-looking information, including without limitation statements as to planned expenditures, exploration programs and the potential for the discovery of high grade resources. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs