VANCOUVER, British Columbia, Oct. 8, 2014 (GLOBE NEWSWIRE) -- Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSX-V:NEV) announced today that its shareholders voted in favour of all items of business brought before them at the Company's Annual General meeting (the "AGM") held on October 8, 2014, in Vancouver, B.C.
At the AGM, shareholders voted in favour of all nominations to the Board of Directors (the "Board"), with Michael Sweatman, Warren Stanyer, Suraj Ahuja, Cory Kent each re-elected to the Board, and Charles Roy, a new nominee, also elected to the Board. Subsequent to the AGM, the Board re-appointed Warren Stanyer as President and Chief Executive Officer, Brent Petterson, CGA, as Chief Financial Officer, and Christina Boddy as Corporate Secretary.
Shareholders also reappointed Davidson and Co. LLP, Chartered Accountants, as the auditor of the Company, and approved the Company's stock option plan. The Board also confirmed nominations for the Audit, Compensation and Technical Committees, and has delegated Corporate Governance and Nominations Committees duties to the Board as a whole.
Nevada Sunrise has granted 200,000 stock options to a director of the Company, exercisable at a price of $0.50 cents per share for a period of five years from the date of grant. The options have been granted in accordance with the Company's stock option plan.
"It has been a pivotal year for Nevada Sunrise, and on behalf of the Board and its officers, I would like to thank its shareholders for their ongoing support," said Warren Stanyer, President and CEO. "We believe that the strength of our exploration assets, namely the Kinsley Mountain and Golden Arrow gold projects, will provide a strong foundation for the Company in the year ahead," he said.
CONTACT: FOR FURTHER INFORMATION CONTACT: Warren Stanyer, President and Chief Executive Officer Telephone: (604) 428-8028 Facsimile: (604) 689-7771 email: firstname.lastname@example.orgSource:Nevada Sunrise Gold Corporation