| May 04, 2011 Kirrin Provides Update from AGM: Ree And Uranium Programs Underway; Management to Focus on Acquisitions and Corporate Development | |
| Calgary, Canada: Kirrin Resources Inc. today reported the results of its Annual General and Special Meeting of shareholders held on May 2, 2011. During the report to shareholders following the meeting, Kirrin President and CEO, Derek J Moran said: "Kirrin's management intends to pursue opportunities for corporate development in 2011. There are juniors out there that should consider consolidating; private companies in our sector that want to go public; and majors with orphan assets. We want to hear from those companies". Mr Moran added that the 2011 exploration program on Kirrin's portfolio of REE and uranium properties is underway and that news on the individual properties will be released shortly. Annual General and Special Meeting The business at Kirrin's Annual General and Special Meeting of shareholders comprised the usual business of consideration of the 2010 audited financial statements, election of directors; appointment of KPMG LLP as auditors and ratification of Kirrin's stock option plan. Shareholders representing 6,981,324 shares, 15.09% of the outstanding shares, attended in person or by proxy. No votes were cast against the resolutions excepting 0.06% of the votes cast in respect of the ratification of the stock option plan. Additional information relating to Kirrin is available on Kirrin's web site at www.kirrinresources.com and on SEDAR at www.sedar.com. Kirrin explores for rare earth elements and uranium. In addition to its exploration activities, Kirrin seeks to enhance its capitalization and the quality of its portfolio through options and corporate development activity. Its strategy is well defined: enhancing shareholder value by combining technical expertise, corporate development skills and professional management. Kirrin's shares trade on the TSX Venture Exchange under the symbol KYM. FOR FURTHER INFORMATION PLEASE CONTACT: Derek J Moran, President, Kirrin Resources Inc. 27 82 440 3426 Robin Cook, Account Manager, CHF Investor Relations (416) 868-1079 [email protected] To receive company news releases via e-mail, please advise [email protected] and specify "Kirrin News" in the subject line. Neither 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. | |
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