CALGARY, ALBERTA–(Marketwired – May 5, 2016) – BlackPearl Resources Inc. (“BlackPearl” or the “Company”) (TSX:PXX)(OMX:PXXS) announces that at its Annual Meeting of shareholders held in Calgary, Alberta on May 5, 2016, all of the nominees proposed as directors and listed in its notice of meeting and information circular dated March 24, 2016, were elected as directors of BlackPearl, the results being as follows:
| Name of Nominee | Votes For | Percent | Votes Withheld | Percent | ||||
| John H. Craig | 196,082,118 | 100 | 59,050 | 0.0 | ||||
| Brian D. Edgar | 195,884,718 | 99.9 | 256,450 | 0.1 | ||||
| John L. Festival | 196,083,127 | 100 | 58,041 | 0.0 | ||||
| Keith C. Hill | 195,333,927 | 99.6 | 807,241 | 0.4 | ||||
| Victor M. Luhowy | 196,095,212 | 100 | 45,956 | 0.0 |
Following are the results of the other items of business voted on at the Annual Meeting of the shareholders of the Company:
Appointment of Auditors
PricewaterhouseCoopers LLP, Chartered Professional Accountants, was appointed as auditor of the Corporation for the ensuing year at a remuneration to be determined by the board of directors of the Corporation. Results of the vote were as follows:
| Votes For | Percent | Votes Withheld | Percent | |||
| 196,134,335 | 100 | 6,833 | 0.0 |
The information in this release is subject to the disclosure requirements of BlackPearl Resources Inc. under the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. This information was publicly communicated on May 5, 2016 at 4:00 p.m. Mountain Time.
President and Chief Executive Officer
Tel.: (403) 215-8313
Don Cook
Chief Financial Officer
Tel: (403) 215-8313
Robert Eriksson
Investor Relations Sweden
Tel.: +46 701-112615
