CALGARY, ALBERTA--(Marketwired - June 25, 2013) - MGold Resources Inc. ("MGold" or the "Corporation") (TSX VENTURE:MNI) advises the following matters were voted upon at the Annual and Special Meeting of the shareholders ("Shareholders") of MGold Resources Inc. held on June 24, 2013 in Calgary, Alberta. Each matter voted upon in described in greater detail in the Notice of 2013 Annual and Special Meeting and Management Proxy Circular dated April 30, 2013, which is available on SEDAR at

  1. Election of Directors

By resolution passed by ballot vote, the following three nominees proposed by management were elected directors of MGold Resources Inc. to hold office until the next annual meeting of Shareholders or until their successors are elected or appointed:

Votes For Votes Withheld
Nominee Number Percent Number Percent
John E Squarek 10,200,667 99.78 6,255 0.06
Patrick A Acham 10,206,917 99.84 5 0.00
Hugh M Loney 10,206,917 99.84 5 0.00
  1. Appointment of Auditor

By resolution passed by show of hands, Meyers Norris Penny, Chartered Accountants, were appointed as auditor of MGold Resources Inc. for the ensuing year.

  1. Stock Option Plan

By resolution passed by ballot vote, the 2013 Stock Option Plan was approved.

Votes For Votes Withheld
Number Percent Number Percent
Stock Option Plan 10,077,610 98.58 129,312 1.27
  1. Adoption of By-laws and Amendment of the Articles of the Company for the Continuance of the Corporation from Quebec to Alberta

By resolution passed by show of hands, the By-laws and Articles for the continuance and legal domicile from Quebec to Alberta were approved.

  1. Amend the Name of the Company

By resolution passed by show of hands, the change of name to Tanager Energy Inc. was approved.

  1. Approval to Sell the Burchell Lake Property

By resolution passed by show of hands, the sale of the Burchell Lake Property was approved, subject to a Purchase and Sale Agreement approved by the Directors.

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 release.

Contact Information:

MGold Resources Inc.
John Squarek
President and Chief Executive Officer