Gold Canyon Resources Inc.
TSX VENTURE : GCU
PINKSHEETS : GDCRF

Gold Canyon Resources Inc.

April 25, 2012 14:08 ET

Gold Canyon Holds its Annual General and Special Meeting of the Shareholders

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 25, 2012) - Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINKSHEETS:GDCRF) ("Gold Canyon" or "the Company") is pleased to announce that its Annual General Meeting of shareholders was held in Vancouver, British Columbia on April 24, 2012 at which:

  • the incumbent directors of the Company, being Akiko Levinson, Ron Schmitz, Quinton Hennigh, Doug Buchanan and Conrad Pinette, were re-elected as directors of Gold Canyon for the coming year;
  • Davidson & Company, the incumbent auditors of the Company, were re-appointed auditors of Gold Canyon for the coming year;
  • in accordance with the policies of the TSX Venture Exchange, the Company's rolling 2003 Incentive Stock Option Plan was ratified for the coming year; and
  • in accordance with the terms of Gold Canyon's Shareholder Rights Plan of March 15, 2006, such Shareholder Rights Plan was reconfirmed for a further three year term.

About Gold Canyon Resources Inc.:

Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The Company controls a 100% interest in the Springpole Gold - Horseshoe Island Gold, Platinum, Palladium Project and Favourable Lake Poly-metallic property currently under option to Guyana Frontier Mining Corp. pursuant to an option and joint venture agreement entered into in December 2005 - all in the Red Lake Mining District of Ontario, Canada.

Through its wholly owned U.S. subsidiary, Gold Canyon Resources USA Inc., the Company controls a 100% interest in the Cordero Gallium Project situated in Humboldt County, Nevada, U.S.A.

Gold Canyon entered into a REE Joint Exploration Agreement with the Japan Oil, Gas and Metals National Corporation (JOGMEC) in January 2009.

Additional information can be found on the Company's website: www.goldcanyon.ca

Akiko Levinson, President & 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.

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