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Annual and Special Shareholder Meeting

Shareholder Meetings

GREEN SWAN CAPITAL CORP

Burlington, ON. May 23, 2012. Green Swan Capital Corp Annual and Special Shareholder Meeting have unanimously voted in favour of all management resolutions propo sed in the Management Information Circular including the approval of the Company’s Stock Optio n Plan, shareholders’ rights plan, the sale of certain of the corporation’s mining cla ims, confirmation of amended By-law No. 3, the election of directors and the approval of members re- elected to the Board of Directors include: James Lavigne, VP Exploration, Dan Hilton

About Green Swan Capital Corp.

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

On Behalf of the Board of Directors

GREEN SWAN CAPITAL CORP.

“Peter Clausi”

Peter M. Clausi

President, CEO and Director

For Further Information:

Peter M. Clausi [email protected] 905-681-1925

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.

GSW

GREEN SWAN CAPITAL CORP . REPORTS ON ANNUAL AND SPECIAL MEETING

Green Swan Capital Corp . ( GSW: TSX-V ) reports that pursuant to the Meeting , which was held in Ottawa ON, on May 22 , 201 voted in favour of all management resolutions propo sed in the Management including the approval of the Company’s Stock Optio n Plan, the implementation of a the sale of certain of the corporation’s mining cla ims, confirmation of amended the election of directors and the approval of MSCM LLP as the Company’s auditors. elected to the Board of Directors include: Peter M. Clausi, CEO, Brian Crawford, CFO, Dan Hilton , Edward Stringer and James Glass.

is a Canadian mineral exploration company primarily engaged in the business acquiring, exploring and dealing in mineral properties in Canada.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. GSW : TSX-V. REPORTS ON ANNUAL AND SPECIAL MEETING reports that pursuant to the, 201 2, shareholders voted in favour of all management resolutions propo sed in the Management implementation of a the sale of certain of the corporation’s mining cla ims, confirmation of amended LLP as the Company’s auditors. The six CEO, Brian Crawford, CFO, primarily engaged in the business Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.