Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the
"Company") is pleased to announce that, at the Company's Annual and
Special Meeting of Shareholders held today, the shareholders of the
Company approved all proposed resolutions, including the resolution
approving the Company's amended and restated share option plan.
At the Shareholders' Meeting, Mr. Robert E. Doyle and Mr. Alex G.
Morrison were elected as new independent directors of the Company. Mr.
Philip Olson, a director of the Company since 2007, did not stand for
re-election in order to pursue other interests. The Company wishes to
thank Mr. Olson for his valuable contributions over the last three
years.
About Detour Gold
Detour Gold is a Canadian gold exploration and development company whose
primary focus is to advance the development of its flagship Detour Lake
gold project located in northeastern Ontario towards production.
For further information, please contact:
Gerald Panneton, President and CEO
Tel: (416) 304.0800
Laurie Gaborit, Director Investor Relations
Tel: (416) 304.0581
Detour Gold Corporation, Royal Bank Plaza, North Tower, 200 Bay Street,
Suite 2040, Toronto, Ontario M5J 2J1
Forward-Looking Information
This press release contains certain forward-looking information as
defined in applicable securities laws (referred to herein as
"forward-looking statements"). Specifically, this press release contains
forward-looking statements regarding the advancement of the Detour Lake
gold project. Forward-looking statements involve known and unknown
risks, uncertainties and other factors which are beyond Detour Gold's
ability to predict or control and may cause Detour Gold's actual
results, performance or achievements to be materially different from any
of its future results, performance or achievements expressed or implied
by forward-looking statements. These risks, uncertainties and other
factors include, but are not limited to, gold price volatility, changes
in debt and equity markets, the uncertainties involved in interpreting
geological data, increases in costs, environmental compliance and
changes in environmental legislation and regulation, interest rate and
exchange rate fluctuations, general economic conditions and other risks
involved in the gold exploration and development industry, as well as
those risk factors discussed in the section entitled "Description of
Business - Risk Factors" in Detour Gold's 2009 annual information form.
Such forward-looking statements are also based on a number of
assumptions which may prove to be incorrect, including, but not limited
to, assumptions about the following: the availability of financing for
exploration and development activities; the estimated timeline for the
development of the project; the supply and demand for, and the level and
volatility of the price of, gold; the accuracy of reserve and resource
estimates and the assumptions on which the reserve and resource
estimates are based; the receipt of necessary permits; market
competition; ongoing relations with employees and local communities; and
general business and economic conditions. Accordingly, readers should
not place undue reliance on forward-looking statements. Detour Gold
undertakes no obligation to update publicly or otherwise revise any
forward-looking statements contained herein whether as a result of new
information or future events or otherwise, except as may be required by
law.
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