VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/18/13 — Selwyn Resources Ltd. (TSX VENTURE: SWN) („Selwyn“ or the „Company“) is reporting that each of the nominee directors listed in the Non-Management Form of Proxy dated May 30, 2013, were elected as directors of the Company at today-s Annual and General Special Meeting of shareholders (the „AGM“ or „Meeting“).
The Company is also reporting that shareholders did not vote in favour of the voluntary liquidation of the Company. Following a thorough review of the Company by the new Board of Directors, the Company plans to provide a general corporate update in due course.
Results of the AGM
The following table and subsequent sections summarize the voting results of the Meeting.
1. Liquidation of the Company
According to the proxies received, voted by a show of hands, and conducted by a vote by ballot, the Company will not be seeking a voluntary liquidation.
2. Appointment of Auditors
According to the proxies received and voted by a show of hands, KPMG LLP was reappointed as the Company-s auditors and the directors were authorized to fix their remuneration.
3. Election of Directors
Each of the nominee directors listed in the Non-Management Form of Proxy dated May 30, 2013, was elected as a director, with a vote by ballot being conducted.
Selwyn received proxies with regard to voting on the five directors nominated for election, as set forth in the following director nominee voting results table:
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.
Contacts: Selwyn Resources Ltd. Dr. Harlan Meade, President and CEO (604) 801-7240 or Toll-free: 1-888-989-9188 International toll-free: 800-7581-2133 (604) 689-8355 (FAX)
Selwyn Resources Ltd. Carlos Gonzalez, Manager of Investor Communications (604) 801-7240 or Toll-free: 1-888-989-9188 International toll-free: 800-7581-2133 (604) 689-8355 (FAX)
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