Green Swan Capital Corp.
TSX VENTURE : GSW

Green Swan Capital Corp.

May 23, 2012 11:29 ET

Green Swan Capital Corp. Reports on Annual and Special Meeting

BURLINGTON, ONTARIO--(Marketwire - May 23, 2012) - Green Swan Capital Corp. (TSX VENTURE:GSW) reports that pursuant to the Annual and Special Shareholder Meeting, which was held in Ottawa, ON, on May 22, 2012, shareholders have unanimously voted in favour of all management resolutions proposed in the Management Information Circular including the approval of the Company's Stock Option Plan, the implementation of a shareholders' rights plan, the sale of certain of the corporation's mining claims, confirmation of amended By-law No. 3, the election of directors and the approval of MSCM LLP as the Company's auditors. The six members re-elected to the Board of Directors include: Peter M. Clausi, CEO, Brian Crawford, CFO, James Lavigne, VP Exploration, Dan Hilton, Edward Stringer and James Glass.

About Green Swan Capital Corp.

Green Swan Capital Corp. is a Canadian mineral exploration company primarily engaged in the business of acquiring, exploring and dealing in mineral properties in Canada.

On Behalf of the Board of Directors

GREEN SWAN CAPITAL CORP.

Peter M. Clausi, President, CEO and Director

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.

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