April 19, 2012, Toronto, Ontario - Western Troy Capital Resources (TSX Venture: WRY, US-OTC: WTCRF) (Western Troy or the Company) announced today it held its Annual General Meeting of Shareholders (AGM) at 4:30 PM on April 18, 2012, in Toronto. Among other administrative items, the following agenda items were approved by the shareholders:
1) Existing Directors, Stanley Mourin, Milton Klyman, Edward Thompson, Steve Vaughan, Charles Stott, and Mel Williams, were all unanimously elected as board members of Western Troy for the coming year.
2) McGovern, Hurley, Cunningham, LLP, Chartered Accountants were appointed as the auditors of the corporation for the fiscal year ending November 30, 2012.
3) The Stock Option Plan of the Corporation was approved.
After the formal portion of the meeting, Western Troy's CEO, Rex Loesby, provided an update on Western Troy's activities. He provided an overview of the MacLeod Lake Project and the new Vanadium discovery near Gaspe, Quebec (see Western Troy press release dated April 10, 2012). Mr. Loesby also announced that the MacLeod Lake feasibility study will be delayed .
Mr. Loesby, commented, "We are disappointed with the delay in the completion of the feasibility study. Unfortunately there are several outstanding technical issues that need resolution before any release will be possible. We will be working with our contractor over the next few weeks to resolve these issues."
About Western Troy: Western Troy's shares trade on the TSX Venture Exchange under the symbol WRY. Western Troy has 33,589,970 shares outstanding. More information on Western Troy can be found on its Website at www.westerntroy.com.
Forward Looking Statements: Statements in this release that are forward-looking reflect the Company's current views and expectations with respect to its performance, business, and future events. Such statements are subject to various risks and assumptions, some, but not necessarily all, are disclosed elsewhere in the Company's periodic filings with Canadian securities regulators. Such statements and information contained herein represent management's best judgment as of the date hereof based on the information currently available; however actual results and events may vary significantly. The Company does not assume the obligation to update any forward-looking statement.
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
Western Troy Capital Resources
Rex E. Loesby, CEO
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