Sunday, January 24, 2016 11:34:17 AM
There were 7,970,833 shares held by a majority of shareholders (57.5%, inclusive of all classes of stock) voting in favor of the changes to the Board of Directors.
At a special board meeting held in Reno on January 19, 2016, Phil Allen was removed as President, Chief Executive Officer and Vice President of Shareholder Relations by unanimous decision. Mr. Herb Duerr, Geo., was unanimously elected President and Chief Executive Officer.
In commenting on his appointment as President and CEO, Mr. Duerr said, "I look forward to serving the Corporation as it pursues its corporate objectives."
The Corporation filed Form 8-K which details the above actions by the shareholders and Board of Directors.
About Walker Lane Exploration, Inc.
The Corporation is a U.S.-based precious metals exploration company. Walker Lane Exploration, Inc. owns three properties in Nevada; Pyramid, which is located in Washoe County, Nevada, consisting of 10 lode claims leased from the Bureau of Land Management (BLM). West Trinity, which is located in Churchill County, Nevada consisting of 24 lode claims leased from the BLM. And, Paradise, which is located in Nye County, Nevada, consisting of 9 lode claims leased from the BLM. The Corporation's focus is to identify mineral areas that are open to staking and claiming, or to lease properties management deems viable for exploration. Once a property has been secured, management conducts an assessment of the prospect for exploration, which can include sampling, trenching and drilling in order to develop the prospect for leasing, sale or joint venture with other mining companies. Further information can be found on Walker Lane's website at: www.walkerlaneexploration.com
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