Annual General Meeting Results
TSODILO RESOURCES LIMITED
ANNUAL GENERAL MEETING RESULTS
FOR IMMEDIATE RELEASE June 6, 2019
TORONTO, ONTARIO - Tsodilo Resources Limited ("Tsodilo" or the "Company") (TSX
Venture Exchange: TSD) is pleased to announce that at its Annua l General Meeting of
shareholders held on June 6, 2019, the following directors were elected: James M. Bruchs, Thomas
S. Bruington, Jonathan R. Kelafant, Blackie Marole 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 750,0 00 options to five directors and
125,000 to employees at an exercise price of C$0.17 per share. These options vest as to 25%
effective June 6, 2019, and 25% on each of the sixth, twelfth a nd 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 economic diamond and metal deposits at its Ne wdico (Pty) Ltd. (“Newdico”);
Bosoto (Pty) Limited ("Bosoto"); and, Gcwihaba Resources (Pty) Limited ("Gcwihaba") projects
in Botswana and its Idada 361 (Pty) Limited ("Idada") project i n Barberton, South Africa. The
Company has a 100% stake in Bosoto (Pty) Ltd. which holds the B K16 kimberlite project in the
Orapa Kimberlite Field (OKF) in Botswana and the PL216/2017 diamond prospection license also
in the OKF. The Company has a 100% stake in its Gcwihaba project area consisting of seven metal
(base, precious, platinum group, and rare earth) prospecting licenses all 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 the Newdico, Gcwihaba, Bosoto and Id ada projects. Overall
supervision of the Company's e xploration program is the respons ibility of Dr. Alistair Jeffcoate,
Project Manager and Chief Geologi st of the Company and a "quali fied 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 available 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 results 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 Bots wana and surrounding countries, changes to regulations aff ecting 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 inhe rent risks and uncertainties a nd 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