TSXV:AUN.H - Post by User
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wesmileon Apr 22, 2013 3:15pm
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Observe and Learn
Observe and Learn
Selwyn Resources Announces Results of Special Meeting
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 22, 2013) - Selwyn Resources Ltd. (TSX VENTURE:SWN) ("Selwyn" or the "Company") announces that at a special meeting held today, the Company's shareholders approved by special resolution the previously announced sale of its remaining 50% interest in the Selwyn Project (the "Transaction") to its joint venture partner, Chihong Canada Mining Ltd.
Dr. Harlan Meade, President, Chief Executive Officer and a director of the Company, stated: "We are very pleased that our shareholders approved this transaction. At the meeting, a number of shareholders expressed support for the recently announced position of Samara Capital Inc. regarding the payment of a dividend. The Company will be updating the market on its views of the dividend and the timetable for the meeting to consider the annual meeting matters."