News & Media

Galane Gold Ltd. Announces Results of Annual Meeting

June 3, 2014

TORONTO, Jun. 3, 2014 /CNW/ - Galane Gold Ltd. ("Galane Gold" or the "Company") (TSX VENTURE:GG) is pleased to announce the results of the Company's annual and special meeting of shareholders held on June 3, 2014 in Toronto, Canada.

Shareholders voted in favour of all items of business tabled for approval at the meeting, including resolutions in respect of the adoption of the stock option plan and deferred share unit plan, the advance notice by-law and the election of all director nominees. Each of the Company's existing directors, being Amar BhallaCharles ByronIan Egan and Ravi Sood, was elected to hold office until the next annual meeting of shareholders or until his successor is duly elected or appointed.

The resolution approving the shareholder rights plan (the "Rights Plan") of Galane Goldwas withdrawn prior to the meeting and was not tabled for the approval of shareholders. Accordingly, pursuant to its terms, the Rights Plan and all outstanding rights thereunder terminated at the end of the meeting.

About Galane Gold

Galane Gold is an un-hedged gold producer and explorer with mining operations and exploration tenements in BotswanaGalane Gold is a public company and its shares are quoted on the TSX Venture Exchange and the Botswana Stock Exchange under the symbol GG. Galane Gold's management team is comprised of senior mining professionals with extensive experience in managing mining and processing operations and large-scale exploration programmes. Galane Gold is committed to operating at world-class standards and is focused on the safety of its employees, respecting the environment, and contributing to the communities in which it operates.

Neither the 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.

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