Vancouver, British Columbia – September 15, 2017 – GGL Resources Corp. (TSXV: GGL) (the “Company”) is pleased to announce the results of voting at its Special Meeting of Shareholders held on September 15, 2017 in Vancouver, BC.
A total of 7,299,760 shares or 20.57% of the Company’s issued and outstanding shares were voted.
For the special resolution to consolidate the Company’s share capital on a one new share for five old shares basis, 6,988,048 shares, or 95.73% of shares voted were in favour of the resolution.
For the ordinary resolution to create a new Control Person, 7,015,160 shares, or 96.10% of shares voted were in favour of the resolution.
Graham Eacott, Interim Chairman and CEO commented, “The Company is pleased to have received the strong support from its shareholders who voted to approve the share consolidation and approve Strategic Metals Ltd. as the new Control Person of the Company. Strategic will bring in a new management and technical team that will provide stability and financing to ensure that GGL can continue as a going concern and continue its diamond exploration activities in Canada’s Northwest Territories.”
On behalf of the Board of Directors,
Interim Chairman and CEO
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