Last updated on April 20, 2014 at 8:28 EDT

Sunward Resources Announces Results of Annual General Meeting of Shareholders

September 11, 2013

VANCOUVER, Sept. 11, 2013 /CNW/ – Sunward Resources Ltd. (“Sunward” or the “Company”) (TSX: SWD; OTCQX: 
announces that all resolutions presented at the Company’s Annual
General Meeting held on September 10, 2013 were approved by the
shareholders, including the election of nine directors nominated by
management: Jay Sujir, Philip O’Neill, William Hayden, Terry Palmer,
Gillyeard J. Leathley, Igor Levental, Peter Cheesbrough, Ricardo
Duarte, and Gregory A. Lang, as directors of the Company.  Following is
a summary of the voting results for the directors:

    |Nominee             | Votes For |% For |Votes Withheld|% Withheld|
    |Jay Sujir           |103,478,328|99.74%|     273,370  |   0.26%  |
    |Philip O'Neill      |99,860,971 |96.25%|   3,890,727  |   3.75%  |
    |William Hayden      |103,478,328|99.74%|     273,370  |   0.26%  |
    |Terry Palmer        |103,743,828|99.99%|      7,870   |   0.01%  |
    |Gillyeard J Leathley|103,743,828|99.99%|      7,870   |   0.01%  |
    |Igor Levental       |103,730,228|99.98%|      21,470  |   0.02$  |
    |Peter Cheesbrough   |103,743,828|99.99%|      7,870   |   0.01%  |
    |Ricardo Duarte      |103,743,828|99.99%|      7,870   |   0.01%  |
    |Gregory A Lang      |103,732,228|99.98%|      19,470  |   0.02%  |

Shareholders also passed ordinary resolutions approving the appointment
of Davidson & Company LLP as auditors for the ensuing year, the
amendment to the Articles of the Company to include an advance notice
requirement, the Company’s new stock option plan, and the
implementation of a deferred share unit plan for the Directors and
Senior Officers of the Company.


Sunward Resources is a Canadian-based company focused on the exploration
and development of the 100%-owned Titiribi Project in Colombia. The
Titiribi Project is located approximately 70 kilometres southwest of
the city of Medellin, Colombia, in Antioquia department, within the
historical Titiribi mining district (estimated total production of 1.5
to 2 million ounces gold equivalent). Access is by paved highway from

Titiribi hosts NI 43 101-compliant Measured and Indicated Resource of
4.6 million ounces of gold contained within 275.4 million tonnes
grading 0.52 grams/tonne and Inferred Resource of 6.4 million ounces of
gold contained within 359.6 million tonnes grading 0.56 grams/tonne.
All Titiribi resources were assessed using a cut-off of 0.3 grams/tonne
gold. Titiribi also hosts 279,131 tonnes of copper in the Measured and
Indicated Resource and 176,205 tonnes of copper in the Inferred
Resource. For more information, please see the Company’s press release
dated June 4, 2012 as published on SEDAR and on the Company’s website,
as well as the technical report by Behre Dolbear & Company (USA), Inc.
dated June 1, 2012.

Cautionary Statement Regarding Forward Looking Information

This news release contains forward-looking information within the
meaning of Canadian securities legislation. All statements included
herein, other than statements of historical fact, are forward-looking
information. Forward-looking information may include, but is not
limited to, statements with respect to future activities of the
Company; the Company’s plans for its mineral properties; the Company’s
business strategy, plans and outlook; the merit of the Company’s
properties; exploration results; mineral resource estimates; work plans
and timelines; completion of transactions; shareholder value;
projections and targets; the future financial or operating performance
of the Company, its subsidiaries and its projects; operating and
exploration expenditures and costs of future exploration and other
activities; and approvals, permits and licenses. Often, but not always,
forward-looking information can be identified by the use of words such
as “plans”, “expects”, “is expected”, “possible”, “budget”,
“scheduled”, “strategy”, “goal”, “objective”, “potential”, “estimates”,
“assumes”, “forecasts”, “intends”, “anticipates”, or “believes” or
variations (including negative variations) of such words and phrases,
or state that certain actions, events or results “may”, “could”,
“should”, “would”, “might” or “will” be taken, occur or be achieved.

Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company and/or its subsidiaries to
be materially different from any results, performance or achievements
expressed or implied by the forward-looking statements. Such
uncertainties and factors include, among others, inherent risks
involved in the exploration of mineral properties; risks associated
with foreign operations; risk relating to title to the Company’s
properties; the uncertainties involved in resource estimates and in
interpreting drilling results and other geological data; fluctuations
in currency exchange rates and commodity prices; uncertainties
regarding the issuance of approvals, licenses and permits; risks
related to competition; risks related to the Company’s ability to
acquire additional mineral properties; the availability of and costs of
required financing; economic, political and social uncertainties;
accidents and labour disputes; and political instability, insurrection
or war; as well as those factors discussed under “Risk Factors” in the
Company’s Annual Information Form. Although the Company has attempted
to identify important factors that could cause actual actions, events
or results to differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events or
results to differ from those anticipated, estimated or intended.

Forward-looking statements contained herein are based on the
assumptions, beliefs, expectations and opinions of management,
including but not limited to that the Company’s exploration of its
properties and other activities will be in accordance with the
Company’s public statements and stated goals, that there will be no
material adverse change affecting the Company or its properties,
anticipated costs and timing for the Company’s activities and such
other assumptions as set out herein. Forward-looking statements are
made as of the date of this news release and the Company disclaims any
obligation to update any forward-looking statements, whether as a
result of new information, future events or results or otherwise,
except as required by law. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue reliance
on forward-looking statements.

SOURCE Sunward Resources Ltd.

Source: PR Newswire