|By Marketwired .||
|July 11, 2014 09:30 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/11/14 -- Edgewater Exploration Ltd. ("Edgewater" or the "Company") (TSX VENTURE:EDW) is pleased to announce that its shareholders have approved all resolutions presented to them at the annual general meeting of the Company held on July 09, 2014. The Shareholders re-elected six directors to the Board, George Salamis (also President & CEO), Douglas B. Forster, Blayne Johnson, Danny Lee, Mike Vint and Ryan King (also Vice-President). The Shareholders also reappointed PricewaterhouseCoopers LLP Chartered Accountants, as the Company's auditors and authorized the directors of the Company to affix the remuneration to be paid to the auditors for the ensuing year. The Shareholders also passed a Special Resolution approving the reduction of the Company's capital by an amount equal to the value of the Pinecrest Resources Ltd. common shares that may be distributed to the Company's shareholders (see Edgewater News Release dated May 22, 2014).
About Edgewater Exploration Ltd.
Edgewater is a mineral development and exploration company focused on advancement and development of precious metal properties. Edgewater has an experienced mine building and operating team with a track record of success. The Company is currently developing the Corcoesto Gold Project in northwest Spain.
On behalf of the Board of
EDGEWATER EXPLORATION LTD.
George Salamis, President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Edgewater Exploration Ltd.