CLZ.V · 2017-05-10 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

May 10, 2017 www.canasil.com

Canasil Resources Inc. Announces Results of Annual Shareholders Meeting

Vancouver, May 10, 2017 - Canasil Resources Inc. ( TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil”) announces

the voting results from its Annual Meeting of Shareholders held on Tuesday, May 9, 2017, in Vancouver,

B.C. A total of 26,292,016 shares were represented at the meeting, being 25.80 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, May 09, 2017

Resolution Votes For % Votes Withheld

Or Against* %

Directors:

Bahman Yamini 26,271,516 99.92 20,500 0.08

Alvin Jackson 26,271,516 99.92 20,500 0.08

Michael McInnis 26,271,516 99.92 20,500 0.08

Arthur Freeze 26,271,516 99.92 20,500 0.08

Iain MacPhail 26,271,516 99.92 20,500 0.08

Other Resolutions:

Appointment of Auditor 26,173,583 99.55 118,433 0.45

Stock Option Plan 26,208,183 99.68 *83,833 0.32

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.