Yale Resources Ltd. (TSX-V – YLL and Frankfurt – YAB) is pleased to report that all resolutions were passed at its Annual General Meeting held on April 10, 2012. The Board of Directors and management would like to thank all shareholders for their support and confidence.
“In these difficult markets it is reassuring to have the support of a core group of shareholders who understand that Yale’s business model has shown considerable growth over last year and that we have the potential to significantly advance at least three of our projects in the coming 6 to 8 months with projected expenditures by our optionees to be approximately $1,000,000”, stated Ian Foreman, P.Geo., president of Yale.
The Board of Directors and Officers for the upcoming year will consist of:
| Ian Foreman, P.Geo. | – President, Director and Audit Committee Member |
| Lindsay Bottomer, P.Geo. | – Director |
| David Hall | – Director and Audit Committee Chair |
| Edmundo Uribe | – Director and Audit Committee Member |
| Ezra Jimenez, LLM, MBA | – Vice President – Operations and CFO |
On behalf of the Board,
“Ian Foreman”
Ian Foreman, P.Geo.
President
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.
Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
