TYE Troymet Exploration Corp.

Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet") is pleased to announce
that all matters set forth in the management proxy and information circular
dated June 16, 2014 (the "Circular") were approved by the shareholders of
Troymet ("Shareholders") at Troymet's July 18, 2014 annual general and special
meeting (the "Meeting") of Shareholders.


Annual General and Special Meeting

All directors as set forth in the Circular were re-elected with each director
receiving at least 96% of the votes being cast at the Meeting for the election
of the directors. The current directors of Troymet are Kieran M.J. Downes, Brian
D. Cebryk, Richard Kusmirski, David Billard and Ronald Hugh McMillan. Deloitte
LLP, Chartered Accountants, was re-appointed as the auditors of Troymet with
over 99% of the votes being cast at the Meeting for the appointment of the
auditors. The stock option plan of Troymet was re-approved with over 97% of the
votes being cast at the Meeting for the re-approval of the stock option plan.
The consolidation of the common shares of Troymet on the basis of one (1) new
common share for up to every existing ten (10) common shares issued and
outstanding immediately prior to the consolidation (the "Consolidation") was
approved with approximately 84% of the votes being cast at the Meeting for the
approval of the Consolidation. The amendment to Troymet's By-laws ratifying the
Advance Notice Provisions was approved with over 97% of the votes being cast at
the Meeting for the approval of the amendment implementing the Advance Notice
Provisions.


Further disclosure on the matters approved at the Meeting can be found in the
Circular which was filed on SEDAR on June 23, 2014.


Based on preliminary information, approximately 46.8 million common shares were
voted, representing approximately 38.4% of the eligible common shares of
Troymet.


Consolidation

The Consolidation that was approved as set forth above included the
authorization of the Shareholders for Troymet to not proceed with the
Consolidation at the sole discretion of the board of directors of Troymet. The
board of directors of Troymet currently has not made any decision as to whether
or not Troymet will implement the Consolidation, and if so, when and at what
ratio. A further press release will be issued in the event that the board of
directors of Troymet determines to implement the Consolidation, and if so, the
ratio for the Consolidation.


TROYMET EXPLORATION CORP.

Kieran Downes, Ph.D., P.Geo.

President, CEO & Director

Neither the 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. 


This press release may contain certain forward-looking information. In
particular, this press release contains forward-looking information in respect
of the potential Consolidation of the common shares of Troymet and whether or
not Troymet will implement the Consolidation. All statements included herein,
other than statements of historical fact, are forward-looking information and
such information involves various risks and uncertainties. There can be no
assurance that such information will prove to be accurate, and that actual
results and future events could differ materially from those anticipated in such
information. This forward-looking information reflects Troymet's current beliefs
and is based on information currently available to Troymet and on assumptions
Troymet believes are reasonable. These assumptions include, but are not limited
to, the current share price of Troymet's common shares, anticipated exploration
costs and results of Troymet's projects and exploration and development of
Troymet's projects, other costs and expenses of Troymet and possible financing
scenarios. Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of Troymet to be materially different from
those expressed or implied by such forward-looking information. Such risks and
other factors may include, but are not limited to: the early stage development
of Troymet and its projects; general business, economic, competitive, political
and social uncertainties; commodity prices; the actual results of current
exploration and development or operational activities; competition; changes in
project parameters as plans continue to be refined; accidents and other risks
inherent in the mining industry; lack of insurance; delay or failure to receive
board or regulatory approvals; changes in legislation, including environmental
legislation, affecting Troymet; timing and availability of external financing on
acceptable terms; conclusions of economic evaluations; and lack of qualified,
skilled labour or loss of key individuals. A description of other assumptions
used to develop such forward-looking information and a description of other risk
factors that may cause actual results to differ materially from forward-looking
information may be found in Troymet's disclosure documents on the SEDAR website
at www.sedar.com. Troymet does not undertake to update any forward-looking
information except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Troymet Exploration Corp.
Anthony Zelen
Investor Relations
1-888-456-4952
anthony@senergyir.com
www.troymet.com

Troymet Exploration Corp. (TSXV:TYE)
Historical Stock Chart
From Mar 2024 to Apr 2024

Troymet Exploration Corp. (TSXV:TYE)
Historical Stock Chart
From Apr 2023 to Apr 2024