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June 29,
2012 (Vancouver, BC) -- Freegold
Ventures Limited (TSX: FVL, Frankfurt:
FR4N)("Freegold") is pleased to announce
the results of its recently held Annual
and Special General Meeting of
shareholders (the "Meeting"). At the
Meeting, shareholders re-elected to the
Board Kristina Walcott, Alvin Jackson,
Gary Moore, Garnet Dawson and David
Knight.
In addition, at the Meeting the
shareholders approved the other matters
put before the Meeting including the
re-appointment of James Stafford, Inc as
the Company's auditor, and the approval
of the Company's new 10% rolling stock
option plan; and the approval of the
shareholders' rights plan. Full details
of the matters approved at the Meeting
are set out in the Company's management
information circular dated May 10, 2012,
available on SEDAR.
At the first meeting of the newly
constituted Board of Directors held
immediately after the Meeting, David
Knight was re-appointed as Chairman of
the Board, and the following individuals
were appointed as officers of the
Company:
Kristina Walcott President & Chief
Executive Officer, Gordon Steblin Chief
Financial Officer, Alvin Jackson, Vice
President, Exploration & Development.
The Board of Directors elected Gary
Moore (Chair), Garnet Dawson and David
Knight as the audit committee and David
Knight (Chair), Garnet Dawson, and Gary
Moore as the compensation and corporate
governance committee.
About Freegold Ventures Limited
Freegold is a TSX listed company focused
on the exploration of gold projects in
Alaska. In addition to the Golden Summit
Gold Project, the company holds a 100%
in lease interest in the Rob Gold
Project near the Pogo Gold Mine in the
Goodpaster Mining District of Alaska and
has an exploration agreement with option
to lease the Vinasale Gold project in
central Alaska.
Kristina
Walcott-President and CEO
Telephone:
1.604.662.7307
jkw@freegoldventures.com
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
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