ASW: TSX.V
VANCOUVER,
March 25, 2014 /PRNewswire/ - Anglo
Swiss Resources Inc. (ASW: TSX-V, ASWRF: PK) ("Anglo Swiss" or the "Company") is
pleased to announce that it signed the Definitive Agreement
relating to the sale of its Kenville Gold Property to 0995237 B.C.
Ltd., a private company, announced on March
3, 2014. Total consideration for the purchase is
CDN$5,900,000. The TSX Venture
Exchange has granted conditional approval subject to shareholder
approval. The closing date of the transaction shall not be later
than May 2, 2014.
The Annual and Special General Meeting (the
"Meeting") of the Shareholders of Anglo Swiss will be held on Friday, April 11, 2014 for the following
purposes:
- To approve, by special resolution, the sale of the Kenville
Gold Property to 0995237 B.C. Ltd.;
- To approve the proposed acquisition of a private Ontario company, Gungnir Resources Inc.
("Gungnir"), and 100% of its exploration properties in
northern Sweden (see News Release
dated February 12, 2014);
- To approve, by special resolution, the change of name of the
Company to "Gungnir Resources Inc.", or any other name deemed
appropriate by the Board of Directors;
- To appoint auditors for the ensuing year;
- To fix the number of directors at five (5) and to re-elect
directors for the ensuing year;
- To approve the adoption of the 2014 Stock Option Plan; and
- To approve, by special resolution, amendments to the Company's
Articles to include the Advance Notice Provisions.
Additional information regarding these items is
provided in the management information circular that was mailed to
registered shareholders and filed on SEDAR
at http://www.sedar.com.
Shareholders are encouraged to vote with
Anglo Swiss management IN FAVOUR of
the Meeting items.
Shareholders of record at the close of business
on February 21, 2014 will be entitled
to notice of and to attend and vote at, the Meeting. Shareholders
who are unable to attend the Meeting in person are requested to
read the notes (the "Notes") accompanying the Instrument of Proxy
enclosed therewith and then complete, sign and return the
Instrument of Proxy within the time set out in the Notes. A proxy
will not be valid unless it is deposited at the office of
Computershare Trust Company of Canada, Proxy Dept. 100 University Avenue, 9th
Floor, Toronto, Ontario, M5J 2Y1
(facsimile in North America
1-866-249-7775; outside North
America 416-263-9524) before 10:00 am
eastern time on Wednesday, April 9,
2014. Shareholders of record may also vote by telephone or
vote online based on the instructions enclosed within the proxy
package.
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.
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 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.
Neither 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 Anglo Swiss Resources Inc.
