GeoVenCap Announces Resignation of a Director

MONTREAL, May 2, 2013 /CNW Telbec/ - Geovencap Inc. (TSXV: GOV) ("Geovencap" or the "Company") announces that Mrs. Brigitte Dejou has resigned from her position as director of the Company, effective May 1, 2013. Mrs Dejou wishes to dedicate herself fully to her current employment responsibilities.

The Company wishes to thank her for her involvement as a board member, and wishes her well in the future.

About GeoVenCap

GeoVenCap is a mineral company focused on exploration principally for silver and gold in northern New Brunswick. Its priority is to explore and develop four highly prospective projects located between 30 and 105 km west and southwest of the city of Bathurst, New Brunswick: the California Lake Silver Project, the Upsalquitch Gold Project, the Williams Brook Gold Project and the Bathurst Mining Camp - Base Metal Project. These projects are in close proximity of mines and advanced projects owned by Xstrata, Votorantim and Trevali Mining.

Forward-Looking Statements. This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with Canadian securities regulatory authorities.

"Neither the 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."    

SOURCE: GeoVenCap Inc.