Vancouver, British Columbia, Canada: Dynasty Gold Corp. (TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) ("Dynasty" or the "Company") is pleased to provide a corporate update:
Annual General Meeting and New directors
The shareholders passed all resolutions put forward at the Annual General Meeting held on June 13, 2017.
Messrs Richard Redfern and Bryan Wilson, both with strong geological backgrounds and senior executive experience, joined the Board of directors at the Annual General Meeting. Their credentials complement the Board and strengthen the Company's efforts in advancing its 100% owned Nevada gold property, new project acquisitions and capital market activities.
- Richard Redfern is a Certified Professional Geologist and Qualified Person under NI 43-101. Richard's career spans over 35 years, including working for Barrick Gold, Goldstake Explorations and Homestake Mining in their worldwide exploration operations. His most significant accomplishment was the discovery of the Moly Dome molybdenum-rhenium-gold-silver porphyry deposit in northern Nevada.
- Bryan Wilson has been the Director, Exploration Business Development for Centerra Gold since 2008. Bryan brings 28 years of experience in senior level mining and exploration. Prior to his current role, Bryan was a President for a number of junior exploration companies and also worked in Toronto's financial markets for 12 years as a Mining Analyst for C.M. Oliver, Dominick & Dominick Securities Inc., and as a Corporate Finance Specialist for Thames Capital.
Golden Repeat, Nevada
The Company renewed its 100% owned Nevada claims located in the Elko County, in the prolific Midas region of Nevada. The Drilling permit is in the process of being renewed through depositing additional bonds with BLM.
The Golden Repeat property is located 15 kilometers from Klondex's Midas and Hollister Mine. The Property is an integral northern part of the main Clover gold-silver deposit system that is owned and controlled by Waterton Global Mining.
The amendment of Company's Article which allows the directors to initiate capital structuring was approved by the shareholders at the most recent Annual General Meeting. Subject to the Exchange's approval, the Company's common shares shall be consolidated on the basis of eight pre-consolidation common shares for one post-consolidation common share.
About Dynasty Gold Corp.
Dynasty Gold Corp. is a Canadian gold exploration company currently engaging in property review, acquisition, exploration and development.
For more information on the Company and its projects, please refer to the website www.dynastygoldcorp.com.
ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.
Ivy Chong, President & CEO
For additional information please contact Ivy Chong:
This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.