Management’s Recommendations Approved by Shareholders at AGM
News Release
MANAGEMENT’S RECOMMENDATIONS APPROVED BY SHAREHOLDERS AT AGM
Vancouver, BC – Thursday, April 26, 2012
Apella Resources Inc. (TSX.V: “APA”); (U.S.A. OTCQX Exchange: “APAFF”): (Frankfurt Symbol: “NWN”) and its Board of Directors are pleased to report that all of Management’s proposed recommendations submitted for ratification by the Company’s shareholders at the Company’s Annual General (“AGM”) held April 23rd, 2012 were approved. Apella’s shareholders continued to display strong support of the initiatives carried out on their behalf by the Company’s management and Board.
Patrick D. O’Brien ICD.D, Dr. Christian G. Derosier, P.Geo, Christopher B. Chu, LL.B, Dennis A. Bordin, P.Eng and Don Venturi, were all re-elected to the Board of Directors; receiving average support of 97% of the votes cast for the Directorships. Patrick D. O’Brien, ICD.D was re-appointed as Chairman of the Board and Christopher B. Chu, LL.B as the Corporate Secretary.
Apella’s Chairman Patrick D. O’Brien, ICD.D states, “Apella’s directors are very pleased and appreciative to have received such overwhelming and resounding support from the Company’s shareholders. On behalf of the Board of Directors I wish to thank the shareholders for expressing so much support for the members of their Board.”
Shareholders also received and approved the; 1) Report of the Directors; 2) audited financial statements and auditor’s report; 3) appointment of the auditors for the ensuing year and remuneration of the auditors; and 4) the fixing of the number of directors to five. There was no new business arising at the meeting.
ON BEHALF OF THE BOARD OF DIRECTORS OF APELLA RESOURCES INC.
“Patrick D. O’Brien”
Patrick D. O’Brien, ICD.D – Chairman
S.E.C. Exemption 12(g) 3-2(b) File No. 82-3822, Standard & Poors Listed, Dun & Bradstreet Listed.
“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 release.”