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– 2018

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Canasil Resources Inc. Announces Results of Annual Shareholders Meeting

Vancouver, July 06, 2018  - Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil”) announces  the voting results from its Annual Meeting of Shareholders held on Thursday, July 5, 2018, in Vancouver, British Columbia.  A total of 22,220,085 shares were represented at the meeting, being 22.32 per cent of the Company's issued and outstanding common shares. Shareholders voted in favour of all matters brought before the meeting, including the appointment of auditor for the ensuing year, the authorization of the directors to fix the remuneration payable to the auditor, the acceptance of the Company's Stock Option Plan, and the election of management's nominees as Directors.

Results of Votes Cast at Canasil AGM, July 05, 2018
Resolution Votes For % Votes Withheld
Or Against
Bahman Yamini 22,169,085 99.77 51,000 0.23
Alvin Jackson 22,195,085 99.89 25,000 0.11
Michael McInnis 22,195,085 99.89 25,000 0.11
Arthur Freeze 22,175,085 99.80 45,000 0.20
Other Resolutions:        
Appointment of Auditor 22,195,085 99.89 25,000 0.11
Stock Option Plan 21,145,085 95.16 1,075,000 1.03

About Canasil:

Canasil is a Canadian mineral exploration company with a strong portfolio of 100% owned silver-gold-copper-lead-zinc projects in Durango and Zacatecas States, Mexico, and in British Columbia, Canada. The Company’s directors and management include industry professionals with a track record of identifying and advancing successful mineral exploration projects through to discovery and further development. The Company is actively engaged in the exploration of its mineral properties, and maintains an operating subsidiary in Durango, Mexico, with full time geological and support staff for its operations in Mexico.

For further information please contact:

Bahman Yamini
President & CEO
Canasil Resources Inc.
Tel: 604-709 0109

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 news release.