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Shareholders Annual Meeting Approves Management Business
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July 13, 2009: Vancouver, British Columbia: Nanika Resources Inc.
(TSX-V: NKA and FSE: C7X) ("Nanika or the "Company") announces results
at the 2009 Annual General Meeting of Shareholders that was held on
Thursday July 9, 2009. We are pleased to announce that the shareholders
of the Company have approved all of the resolutions brought before them
by management.
The following management nominees were re-elected directors of the
Company: James Jacuta, Ross Blusson, Howard Bird, John Busswood, and
Conrad Swanson. Chad Boyko was elected as a new nominee. The Company
welcomes the addition of Mr. Chad Boyko to the board. Mr. Boyko
graduated from the University of Toronto Law School in 1991 with a
Bachelor of Law Degree. He is currently Conexus Credit Union Executive
Vice-President Governance/ERM, and Corporate Secretary. Conexus is
Saskatchewan's largest credit union with $3.67 billion in assets under
administration at 49 locations throughout Saskatchewan. Mr. Boyko was
previously Deputy Superintendent of Financial Institutions,
Saskatchewan Government Department of Justice and also Vice President,
Governance and Compliance of Saskatchewan Credit Union Central.
President and CEO James Jacuta commented that, "It is a pleasure to
welcome Chad Boyko with his experience in compliance and other
regulatory and corporate practices, all of which will be an asset to us
at the board level. We continue to strengthen our board with committed
people like Chad."
Independent director, Mr. William Myer did not let his name stand for
re-election to the board after 11 years as a director. He stated that
it was time for him to retire so as to enjoy more time at his cottage.
Management and the board of directors wish to thank Mr. Meyer for his
many thoughtful and significant contributions to the Company. The
Company would like to thank him for his service and wish him the best
in the future.
Approved at the meeting as well were Davidson and Company LLP,
Chartered Accountants who were re-appointed as the external auditor.
Approval was also provided for the Company stock option plan.
About Nanika Resources Inc.
Nanika Resources Inc. is a TSX Venture listed mineral exploration and
development company focusing on the advancement of its mineral
properties, all of which are located within Canada.
On Behalf of the Board
James D. Jacuta,
Chairman, President and CEO
For further information contact:
Doug Kerr:
Telephone: 604-638-0699
Toll Free: 1-866-580-0699
http://www.nanikaresources.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada (IROC) accepts responsibility for the adequacy
or accuracy of this release.
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Copyright (c) 2009 NANIKA RESOURCES INC. (NCV) All rights reserved.
For more information visit our website at
http://www.nanikaresources.com/ or send mailto:info@nanikaresources.com
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Nanika Resources Incorporation
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EXPLORATION STAGE |
CODE : NKA.V |
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CUSIP : 630018109 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Nanika resources Inc is a silver and gold exploration company based in Canada. Nanika resources Inc holds various exploration projects in Canada. Its main exploration properties are TED, MOLY KING PROPERTY, SCEPTRE AND TIARA, INDI, MUNN LAKE, SWEENEY LAKE, CAMSELL LAKE, LAC DE GRAS, LUCKY SHIP, MAC CLAIMS, VERNON and NWT CLAIMS in Canada. Nanika resources Inc is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 945 530 as of today (US$ 931 725, € 752 554). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.23, and its lowest recent point on July 05, 2012 at CA$ 0.01. Nanika resources Inc has 94 553 000 shares outstanding. |