VANCOUVER, Dec. 5, 2012 /CNW/ - 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
November 30th, 2012.
At the Meeting, the shareholders re-elected to the Board of Directors,
Jari Paakki, Tom Obradovich, Todd Keast, Blair Zaritsky and Chris
Robbins, and also approved re-appointment of De Visser Gray, Chartered
Accountants, as the Company's auditor.
In respect to Special Resolutions, shareholders voted strongly in favour
to approve the proposed consolidation of the Company's issued and
outstanding common shares at a ratio of up to five (5) to one (1), and
accompanying Company name change to "Golden Libra Minerals Inc." or
another name deemed appropriate by the board of directors.
Following the Meeting, the Board of Directors re-elected Jari Paakki to
serve as Chief Executive Officer, and Chris Robbins as Chief Financial
Officer and Vice President & Corporate Secretary until the next Annual
General Meeting of the Company.
Jari Paakki, CEO commented, "The Company recorded its largest
shareholder response in recent years, with 92.3% 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. Our goal in 2013 is to focus on monetizing a current
asset(s) and to identify, acquire and commence exploration on a new
strategic acquisition. The target acquisition is a large, highly
prospective gold exploration project area."
ON BEHALF OF THE BOARD OF DIRECTORS,
Jari Paakki, P.Geo.
About Anglo Swiss:
Anglo Swiss Resources Inc. is a Canadian based exploration company with
current assets including its Kenville Gold Mine and Blu Starr Flake
Graphite properties in southeastern BC, and its Lansdowne House, Ring
of Fire Nickel-Copper-PGE property in northwestern Ontario. Further
information about the Company may be found in the Company presentation
at http://www.anglo-swiss.com or at http://www.sedar.com.
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.
For further information:
Jari Paakki, CEO
Tel: 705-673-5462 ext. 227
Chris Robbins, Vice President