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Nordex Explosives Announces Results Of Annual Meeting Of Shareholders

Nordex Explosives Ltd. (NXX.V) announced the results of its annual and special meeting of shareholders held in Montreal on June 14, 2012.

The shareholders re-elected Lee Michael Luciani and James O'Reilly and elected Peter Crossgrove, Thor Eaton and Joseph Hunnisett to the Board.

In addition, the shareholders approved the Company's 10% rolling stock option plan pursuant to TSX Venture Exchange policies, the continuance of the Company under the Canada Business Corporations Act, the creation of a share bonus plan for employees, officers and directors and new bylaws of the Company, repealing and replacing all current bylaws.

by RTTNews Staff Writer

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