CLZ.V · 2018-07-06 12:00:00

Canasil Resources Inc. Announces Results of Annual Shareholders Meeting

Shareholder Meetings

Suite 1760 – 750 West Pender Street

Vancouver, BC

Canada V6C 2T8

Tel: 604-708 3788

Fax: 604-708 3728

NEWS RELEASE TSX-V: CLZ

July 06 2018 www.canasil.com

Canasil Resources Inc. Announces Results of Annual Shareholders Meeting

Vancouver, July 06, 2018 - Canasil Resources Inc. ( TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil”) announces

the voting results from its Annual Meeting of Shareholders held on Thursday, July 5, 2018, in Vancouver,

British Columbia. A total of 22,220,085 shares were represented at the meeting, being 22.32 per cent of

the Company's issued and outstanding common shares. Shareholders voted in favour of all matters brought

before the meeting, including the appointment of auditor for the ensuing year, the authorization of the

directors to fix the remuneration payable to the auditor, the acceptance of the Company's Stock Option

Plan, and the election of management's nominees as Directors.

Results of Votes Cast at Canasil AGM, July 05, 2018

Resolution Votes For % Votes Withheld

Or Against %

Directors:

Bahman Yamini 22,169,085 99.77 51,000 0.23

Alvin Jackson 22,195,085 99.89 25,000 0.11

Michael McInnis 22,195,085 99.89 25,000 0.11

Arthur Freeze 22,175,085 99.80 45,000 0.20

Other Resolutions:

Appointment of Auditor 22,195,085 99.89 25,000 0.11

Stock Option Plan 21,145,085 95.16 1,075,000 1.03

About Canasil:

Canasil is a Canadian mineral exploration company with a strong portfolio of 100% owned silver-gold-

copper-lead-zinc projects in Durango and Zacatecas States, Mexico, and in British Columbia, Canada. The

Company’s directors and management include industry professionals with a track record of identifying and

advancing successful mineral exploration projects through to discovery and further development. The

Company is actively engaged in the exploration of its mineral properties, and maintains an operating

subsidiary in Durango, Mexico, with full time geological and support staff for its operations in Mexico.

For further information please contact:

Bahman Yamini

President & CEO

Canasil Resources Inc.

Tel: 604-709 0109

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Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.