CTEC Central Timmins Exploration Corp

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TORONTO, May 10, 2019 /CNW/ - Central Timmins Exploration Corp. ("CTEC" or the "Company") (TSXV: CTEC) today reported that at the annual and special meeting of shareholders held on May 9, 2019, all resolutions proposed to shareholders were duly passed.

A total of 20,557,000 common shares of the Company, representing 40% of the Company's issued and outstanding common shares as at the record date were voted, in person or by proxy, and the five nominees listed in the management information circular of the Company dated April 5, 2019 (the "Circular") were elected as directors of the Company until the next annual meeting of shareholders. The results are set out below:

Also at the meeting, MNP LLP, Chartered Accountants were appointed as the Company's auditors for the ensuing year and shareholders ratified and approved the stock option plan of the Company, as attached as Schedule "B" to the Circular.

About Central Timmins Exploration Corp.

CTEC is an early-stage Canadian-based junior exploration company with property exclusively in the Porcupine Mining District and mainly within the City Limits of Timmins in the northeastern region of Ontario. The Company's assets are prospective for gold as well as a suite of base metals. See the company website at www.centraltimmins.com.

Forward Looking Information

This press release contains "forward-looking information" within the meaning of applicable securities laws that is intended to be covered by the safe harbours created by those laws. "Forward-looking information" includes statements that use forward-looking terminology such as "may", "will", "expect", "anticipate", "believe", "continue", "potential" or the negative thereof or other variations thereof or comparable terminology.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made. Furthermore, such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking information. See "Risk Factors" in the Company's final prospectus dated October 4, 2018 filed on SEDAR at www.sedar.com for a discussion of these risks.

The Company cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information.

Except as required by law, the Company does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Central Timmins Exploration Corp