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Last updated on April 24, 2014 at 21:24 EDT

Anglo Swiss Extends Agreement to Sell its Kenville Gold Property

April 23, 2013

ASW: TSX.V

VANCOUVER, April 23, 2013 /PRNewswire/ – Anglo Swiss Resources Inc. (ASW:
TSX-V, ASWRF: PK) (“Anglo Swiss” or the Company“) wishes to advise that it has agreed to extend the closing of the sale
of its Kenville Gold Property to Eagle Creek Gold Corp. (“Eagle Creek”) to August 15, 2013 pursuant to an Amendment Agreement dated April 19,
2013.  Details of the transaction are set out in the Press Release
dated January 25, 2013.  Eagle Creek requested an extension to provide
it with more time to raise the funds necessary to close the
transaction.  The TSX Venture Exchange has given conditional approval
to the transaction subject to shareholder approval.  The Special
Meeting to obtain the requisite shareholder approval will now be
scheduled for August 7, 2013.

Full particulars of the transaction will be set out in the management
information circular for the Special Meeting to be mailed to
shareholders by mid-July, 2013 and filed on SEDAR at http://www.sedar.com.

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.

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.


Source: PR Newswire