Baltic Resources Inc. Announces Voting Results of Shareholders' Meeting and the Appointment of Stephen Gledhill as Chief Financial Officer and Secretary.TORONTO -- Baltic Resources Inc. (the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:BLR BLR Belarus BLR Business & Legal Reports BLR Boiler BLR Broad-Line Region BLR Base Lending Rate BLR Binary Language Representation BLR Bintan Lagoon Resort (Indonesia) BLR Bangalore, India - Hindustan ) wishes to announce that it has obtained disinterested shareholder approval for its proposed acquisition from Donald McKinnon of the two mining properties (the "Properties") located in the mining districts of Sault Ste. Marie, Ontario For the city of Sault Ste. Marie in Michigan, or the Canadian federal and provincial electoral districts of the same name, see: Sault Ste. Marie. Sault Ste. Marie (nicknamed "the Sault" or "the Soo") is a city on the St. Marys River in Ontario, Canada. and Porcupine, Ontario Porcupine is a community in the city of Timmins, Ontario, Canada. Situated at the eastern end of Porcupine Lake, just northeast of the community of South Porcupine, the community represents the easternmost part of the city's urban core. , as previously disclosed in the Company's news release dated March 24, 2005, at its annual and special meeting of shareholders held on May 31, 2005. The Company intends to complete the acquisition of the Properties by the end of the month, subject to obtaining regulatory approval. The Company also wishes to announce today the appointment of Mr. Stephen Gledhill as the Chief Financial Officer and Secretary of the Company. Mr. Gledhill has 20 years of financial, administrative and transactional experience encompassing both the corporate and entrepreneurial sectors. He was the Senior Vice President and Chief Financial Officer of Borealis Capital Corporation and its related and subsidiary companies prior to joining the Company. Mr. Gledhill is also the Chief Financial Officer of GLR GLR Great Lakes Region GLR Global Learning Resources, Inc (Fremont, CA) GLR Greater London Radio GLR Generalized Likelihood Ratio GLR Glare GLR Gaylord, Michigan (Airport Code) Resources Inc. and European Minerals Corporation, public mineral explorations companies. In accordance with the policies of the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. , Mr. Gledhill's appointment to Chief Financial Officer of the Company is subject Exchange approval. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Baltic Resources Inc. (TSX VENTURE:BLR) |
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