Freegold Ventures Limited - Results of the Annual General Meeting

VANCOUVER, June 30, 2017 /CNW/ - Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) ("Freegold", the Company) today announced that all matters set out in the management information circular dated June 2, 2017 for the 2017 Annual General Meeting of Shareholders held on June 30, 2017 (the "Meeting") were approved by the shareholders. 47,927,136 shares were voted representing approximately 33% of the outstanding shares of the Company.

The following eight nominees were elected as directors of Freegold.  The detailed results of the vote for the election of directors are set out below:

Nominee	# of Votes For	% of Votes For	# of Votes Withheld	% of Votes Withheld
Kristina Walcott	47,404,511	98.91	523,333	1.09
Alvin Jackson	47,854,511	99.85	73,333	0.15
David Knight	47,404,511	98.91	523,333	1.09
Gary Moore	47,404,511	98.91	523,333	1.09
Garnet Dawson	47,404,428	98.91	523,416	1.09
Gregory Hanks	47,819,411	99.77	108,433	0.23
Glen Dickson	47,854,511	99.85	73,333	0.15
Ron Ewing	47,854,428	99.85	73,416	0.15

The Company's shareholders also approved the appointment of Davidson & Company LLP, Chartered Professional Accountants as the auditors of the Company.

Each of the matters voted upon at the Meeting is discussed in detail in the Company's Information Circular dated June 2, 2017 which is filed under the Company's profile at www.sedar.com.

At the first meeting of the newly constituted Board of Directors held immediately after the Meeting, Gary Moore was appointed as Chairman of the Board, and the following individuals were re-appointed as officers of the Company:

Kristina Walcott, President & Chief Executive Officer, Gordon Steblin, Chief Financial Officer, Alvin Jackson, Vice President, Exploration & Development and Taryn Downing, Corporate Secretary.

The Board of Directors appointed Gary Moore (Chair), Garnet Dawson, and Ron Ewing as the audit committee and Garnet Dawson (Chair), Gary Moore, and Gregory Hanks as the compensation and corporate governance committee and Ron Ewing (Chair), Garnet Dawson, and Gary Moore as the nominating committee.

Some statements in this news release contain forward-looking information, including without limitation statements as to planned expenditures and exploration programs. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs

SOURCE Freegold Ventures Limited

Kristina Walcott, President and CEO, Telephone: [phone], [email protected]

Related Links

www.freegoldventures.com