TORONTO, ONTARIO, Jun 11, 2014 (Marketwired via COMTEX) — Highvista Gold Inc. (“Highvista” or the “Company”) CA:HVV +25.00% is pleased to announce the results of today’s special meeting of Highvista shareholders.

As stated in the news release on April 28, 2014, shareholders were asked to vote on a potential share consolidation and settlement of management remuneration. Shareholders of the Company have approved the option to implement a consolidation of issued common shares of Highvista on a basis of one (1) post-consolidation common share for each five (5) pre-consolidation common shares issued and outstanding, or such other ratio as determined by the board of directors of the Company.

The shareholders of the Company additionally granted Highvista’s board of directors the ability to settle certain management remuneration by issuance of common shares to management.

The implementation, if any, and final terms of the consolidation and settlement of management remuneration are subject to the approval of Highvista’s board of directors and the TSX Venture Exchange.

About Highvista

Highvista owns 100% of a Mexican subsidiary that controls the 24,055 hectare Canasta Dorada Gold Project. This project is located in the Sonoran Gold Belt immediately adjacent to AuRico Gold’s El Chanate Mine. Details of Highvista’s Canasta Dorada Project can be viewed at the Company’s website at www.highvistagold.com 

Reader Advisory

Certain statements in this press release constitute “forward-looking statements”. These forward-looking statements include, but are not limited to, the board of directors’ decision whether to complete the proposed transactions described herein. Forward-looking statements express, as at the date of this press release, the Company’s plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results. Forward-looking statements are based on certain assumptions, including the key assumptions and parameters on which such estimates are based, involve risks and uncertainties and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Factors that could cause results or events to differ materially from current expectations expressed or implied by the forward-looking statements, include, but are not limited to, receipt of regulatory and board approvals for the proposed transactions. Readers are cautioned not to place undue reliance on the forward-looking statements contained in this press release. Except as required by law, Highvista assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason.

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 PRESS RELEASE.

        
        Contacts:
        Highvista Gold Inc.
        Richard Adams
        President and CEO
        (416) 504-3588
        (416) 504-4129 (FAX)
        www.highvistagold.com
        
        
        

SOURCE: Highvista Gold Inc.