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TheStreet Open House

TNR Gold's 2012 Annual General Meeting Held / Overwhelming Shareholder Support For Management And Board Of Directors

Stocks in this article: ILC

VANCOUVER, British Columbia, Nov. 19, 2012 /PRNewswire/ -- TNR Gold Corp. ("TNR" or the "Company") held its Annual General Meeting on November 16, 2012 and is pleased to announce that all resolutions proposed in the information circular were passed. In addition, all agenda items, as outlined in the circular, were approved and all directors standing for election were re-elected. The Directors for the ensuing year will consist of Mr. Gary Schellenberg, Mr. Kirill Klip, Mr. Paul Chung and Mr. Greg Johnson.

Mr. Gary Schellenberg was reappointed President and Chief Executive Officer. Mr. Kirill Klip was appointed Non Executive Chairman of the Board and will directly support and advise the Chief Executive Officer of the Company. Mr. Paul Chung was reappointed Secretary and Mr. Jerry Bella was reappointed Chief Financial Officer. Mr. John Harrop was reappointed Vice President of Exploration and Mr. Antony Kovacs was appointed Chief Operating Officer.

"Approximately 69 million shares, or 47% of the outstanding shares, were voted with an overwhelming support from the shareholders for the direction Management and the Board of Directors are taking the Company," comments Gary Schellenberg.

The Company also announces 400,000 incentive stock options have been granted to a director of the Company. The options are exercisable at $0.10 per share for a period of five years, subject to regulatory approval. The options are subject to a four month hold period.

ABOUT TNR GOLD CORP.

Over the past twenty-one years TNR, through its lead generator business model, has been successful in generating high quality exploration projects around the globe.  With the Company's expertise, resources and industry network, it is well positioned to aggressively identify, source, explore, partner and continue to expand its project portfolio.

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