Anglo Swiss Announces Annual General and Special Meeting Results

Apr 15, 2014, 09:00 ET from Anglo Swiss Resources Inc.



VANCOUVER, April 15, 2014 /PRNewswire/ - Anglo Swiss Resources Inc. (ASW: TSX-V, ASWRF: PK) ("Anglo Swiss" or the "Company") is pleased to announce the results of its recently held Annual General and Special Meeting of the Shareholders (the "Meeting") on April 11, 2014.

At the Meeting, the shareholders re-elected to the Board of Directors, comprising Jari Paakki, Tom Obradovich, Todd Keast, Blair Zaritsky and Chris Robbins, and also approved the appointment of Collins Barrow, Chartered Accountants, as the Company's auditors.

In respect to the Special Resolutions, shareholders voted by an overwhelming majority to approve:

  • the sale of the Kenville Gold Property to 0995237 B.C. Ltd.;
  • the proposed acquisition of Gungnir Resources Inc. ("Gungnir") and its exploration properties in northern Sweden;
  • the change of name of the Company to "Gungnir Resources Inc.", or any other name deemed appropriate by the Board of Directors;
  • the adoption of the 2014 10% rolling Stock Option Plan; and
  • amendments to the Company's Articles to include the Advance Notice Provisions.

Following the Meeting, the Board of Directors re-elected Jari Paakki to serve as Chief Executive Officer, and Chris Robbins as Chief Financial Officer & Corporate Secretary until the next Annual General Meeting of the Company.

Jari Paakki, CEO commented, "The Company again recorded one of its largest shareholder responses in recent years, with 93.3% or better voting in favour on all resolutions. We are very pleased with this level of support as we move forward to improve the Company's ability to grow and raise capital. We look forward to closing the Kenville sale, then finalizing the Gungnir Resources acquisition and starting exploration work this summer on the new exciting gold projects in Sweden."


Jari Paakki, P.Geo.

About Anglo Swiss:

Anglo Swiss Resources Inc. is a Canadian-based exploration company.  Current assets include its Kenville Gold and Blu Starr Flake Graphite properties in southeastern BC.  The Company has recently entered into an agreement in principle to acquire Gungnir Resources Inc. and its gold exploration properties in Sweden.  Further information about the Company may be found at or at

Cautionary Note Regarding Forward-Looking Statements: Certain statements made herein may contain forward-looking statements or information within the meaning of Canadian securities laws. Such forward-looking statements or information include, but are not limited to, statements or information with respect to Anglo Swiss Resources' plan for future exploration and development of its properties. Forward-looking statements or information are based on a number of estimates and assumptions and are subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking statements or information. Should one or more of these risks and uncertainties materialize, or should underlying estimates and assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information.  For example, there is no certainty, that any economically viable mineral deposit will be located on the Property, or that the Company will be able to raise sufficient capital to complete all of its exploration and drill programs. Accordingly, undue reliance should not be placed on forward-looking statements or information. Anglo Swiss does not expect to update forward-looking statements or information continually as conditions change, except as may be required by securities law.

SOURCE Anglo Swiss Resources Inc.