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Selwyn Resources Announces Changes to its Management

Management Changes

#700 – 509 Richards Street Vancouver, British Columbia Canada V6B 2Z6 Telephone: (604) 801-7240 Toll-free: 1-888-989-9188 Fax: (604) 689-8355 Trading Symbol: SWN.TSX-V [email protected] News Release – 2012-31 www.selwynresources.com

News Release

Selwyn Resources Announces Changes to its Management

Vancouver, October 12, 2012 – Selwyn Resources Ltd. (SWN.TSX-V) (“Selwyn”) announces the departure of Stephen Rea who has resigned as Vice President of Corporate Development to pursue other opportunities. Harlan Meade, President and CEO of Selwyn, thanks Mr. Rea for his valuable service and contribution to Selwyn and wishes him all the best in his future endeavours. A search for his replacement has begun. In the interim, Mr. Rea’s duties will be assumed by Dr. Meade and Mr. Kwong, the Chief Financial Officer of Selwyn.

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For more information contact:

Dr. Harlan Meade, President and CEO Eric Kim, Investor Communications Telephone: (604) 801-7240 Toll-free: 1-888-989-9188 Facsimile: (604) 689-8355 [email protected] www.selwynresources.com

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.