VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/12/12 — Resinco® Capital Partners Inc. (TSX: RIN)(FRANKFURT: L6V) (“Resinco” or the “Company”) is pleased to announce that its shareholders voted in favour of all resolutions brought before them at the Company-s Annual General and Special Meeting of Shareholders held today in Vancouver.
Hein Poulus, John Icke, Alexander Poulus, Ronald Shorr and Michael Hitch were re-elected to the Company-s Board of Directors for the ensuing year and PricewaterhouseCoopers LLP were re-appointed as the Company-s auditors for the 2012 fiscal year. Shareholders approved Resinco-s 2012 “rolling” incentive stock option plan, and also approved the ratification of prior grants of options to purchase an aggregate of 5,140,000 common shares. Finally, shareholder approval was received for a consolidation of Resinco-s issued and outstanding common shares, at the discretion of the Company-s directors, on the basis of one (1) post-consolidation common share for every three (3) pre-consolidation common shares issued and outstanding.
Resinco today also announces that it has granted 130,000 incentive stock options to employees and consultants of the Company at a price of $0.04 per share for the next 5 years.
About Resinco® Capital Partners Inc.
Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.
For more information on Resinco, please visit .
On behalf of the Board of Directors
RESINCO® CAPITAL PARTNERS INC.:
John Icke, President and CEO
Statements in this news release, other than purely historical information, including statements relating to the Company-s future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company-s business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.
The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Resinco Capital Partners Inc.
John Icke
President and CEO
604-696-6515 or Toll Free: 1-877-687-5755
604-684-2990 (FAX)