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VG.V ·

Volcanic AGM Results

Shareholder Meetings

VOLCANIC METALS CORP.

Suite 700, 510 West Hastings Street Vancouver, BC V6B 1L8 Tel: (604) 568-6312 / Fax: (604) 357-1419

For Immediate Release TSX-V: VOL

VOLCANIC AGM RESULTS

April 16, 2012 – Vancouver, BC, Canada. Volcanic Metals Corp. ("Volcanic") is pleased to announce the results of its April 13, 2012 Annual General Meeting. The current Board of Directors, consisting of Michael Iverson, John LaGourgue, Steve Kenwood and Larry Yopyk has been re-elected for the ensuing year, and Davidson and Company has been re-appointed as the Company’s auditors. The Company's amended 10% rolling stock option plan was also ratified by shareholders. Following a discussion with shareholders at the meeting, the proposal for the consolidation of Volcanic's common shares was withdrawn. There was no other business presented at the meeting.

For more information, please visit the company website at www.volcanicmetals.com.

ON BEHALF OF THE BOARD

VOLCANIC METALS CORP.

/s/ Michael Iverson

Michael Iverson Chief Executive Officer

For further information contact:

Michael Iverson (604) 568-6312 http://www.volcanicmetals.com

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.

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