ASW: TSX.V
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.
CEO
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.