WSAG Woodburne Sq

TIDMWSAG

RNS Number : 4892L

Woodburne Square AG PLC

01 August 2011

01 August 2011

Woodburne SQUARE AG pLC

("Woodburne Square" or the "Company")

Result of AGM

The Board of Woodburne Square, the silver and precious metals focused investment company, announces that all resolutions put to shareholders at the Company's Annual General Meeting held earlier today were duly passed.

Martin Kiersnowski, Chairman of Woodburne Square, commented:

"2010 saw a transformation of the Company, including directorate changes and a business strategy overhaul reflected in the name change to Woodburne Square AG Plc. Changing the strategic focus of the Company to seek value in precious metals securities markets, paying particularly attention to silver, has been a key driver during the period.

"Whilst there will continue to be high level of volatility in commodity stock valuation, the Board remains positive about the outlook for silver in terms of price, silver equities and our portfolio in particular. Operational gearing means that shares in the high quality silver plays in which we have invested should prosper, and we therefore view the short and medium term outlook with confidence."

Ends

For further information, please contact:

Woodburne Square Ag plc

Martin Kiersnowski, Chairman

Tel: 0207 562 3350

Tom Winnifrith, Chief Investment Officer 01624 676848

Libertas Capital Corporate Finance Limited

Sandy Jamieson

Tel: 0207 569 9650

Rivington Street Corporate Finance

Jon Levinson

Tel: 020 7562 3357

Bishopsgate Communications

Laura Stevens/Giang Nguyen

Tel: 0207 562 3355

This information is provided by RNS

The company news service from the London Stock Exchange

END

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