Annual General Meeting Results
TSODILO RESOURCES LIMITED
ANNUAL GENERAL MEETING RESULTS
FOR IMMEDIATE RELEASE March 31, 2017
TORONTO, ONTARIO - Tsodilo Resources Limited ("Tsodilo" or the "Company") (TSX
Venture Exchange: TSD) is pleased to announce that at its Annual General Meeting of
shareholders held on March 31, 2017 , the following directors were elected: James M. Bruchs,
Thomas S. Bruing ton, David J. Cushing, Michiel C.J. de Wit, Jonathan R. Kelafant , Blackie
Marole, Patrick C. McGinley and Mark Scowcroft.
The shareholders also approved the appointment of Ernst & Young LLP, Vancouver, Canada, as
Auditors of the Company.
Grant of Stock Options
Under the terms of its Stock Option Plan, Tsodilo granted 550,000 options to eight directors and
50,000 to an employee at an exercise price of C$ 0.85 per share. These options vest as to 25%
effective April 3, 2017, and 25% on each of the sixth, twelfth and eighteenth month anniversaries
of the date of the grant. The options are valid for five years.
About Tsodilo Resources Limited: Tsodilo Resources Limited is an international diamond and
metals exploration company engaged in the search for ec onomic diamond and metal deposits at
its Bosoto (Pty) Limited ("Bosoto") and Gcwihaba Resources (Pty) Limited ("Gcwihaba")
projects in Botswana and its Idada 361 (Pty) Limited ("Idada") project in Barberton, South
Africa. The Company has a 100% stake in Bo soto (Pty) Ltd. which holds the BK16 kimberlite
project in the Orapa Kimberlite Field in Botswana. The Company has a 100% stake in its
Gcwihaba project area consisting of twenty -one (21) metal (base, precious, platinum group, and
rare earth) prospecting li censes located in the North -West district of Botswana. Additionally,
Tsodilo has a 70% stake in Idada Trading 361 (Pty) Limited which holds the gold and silver
exploration license in the Barberton area of South Africa. Tsodilo manages the exploration of th e
Gcwihaba, Bosoto and Idada projects. Overall supervision of the Company's exploration
program is the responsibility of Dr. Mike de Wit, President and COO of the Company and a
"qualified person" as such term is defined in National Instrument 43-101.
The Company has offices in Toronto, Canada and Gaborone and Maun, Botswana. Please visit
the Company's website, www.TsodiloResources.com, for additional information and
background on our projects.
This press release contains forward-looking statements. All statements, other than statements of historical fact, that
address activities, events or developments that the Company believes, expects or anticipates will or may occur in the
future (including, without limitation, statements relating to the development of the Company's projects) are forward-
looking statements. These forward -looking statements reflect the current expectations or beliefs of the Company
based on information currently avai lable to the Company. Forward -looking statements are subject to a number of
risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in
the forward-looking statements, and even if such actual result s are realized or substantially realized, there can be
no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause
actual results or events to differ materially from current expectations include, among other things, changes in equity
markets, political developments in Botswana and surrounding countries, changes to regulations affecting the
Company's activities, uncertainties relating to the availability and costs of financing needed in the future, the
uncertainties involved in interpreting exploration results and the other risks involved in the mineral exploration
business. Any forward -looking statement speaks only as of the date on which it is made and, except as may be
required by applicable securities laws, the Company disclaims any intent or obligation to update any forward -
looking statement, whether as a result of new information, future events or results or otherwise. Although the
Company believes that the assumptions inherent in the forward -looking statements are reasonable, forward-looking
statements are not guarantees of future performance and accordingly undue reliance should not be put on such
statements due to the inherent uncertainty therein.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this
news release. This news release may contain assumptions, estimates, and other forward -looking statements
regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to
factors, many of which are beyond the Company's control, which may cause actual results or performance to differ
materially from those currently anticipated in such statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
James M. Bruchs Chairman and Chief Executive Officer [email protected]
Dr. Mike de Wit President and Chief Operating Officer [email protected]
Head Office Telephone +1 416 572 2033 Facsimile + 1 416 987 4369
Website http://www.TsodiloResources.com