VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 22, 2013) - Selwyn Resources Ltd. (TSX VENTURE:SWN) ("Selwyn" or the "Company") announces that at a special meeting held today, the Company's shareholders approved by special resolution the previously announced sale of its remaining 50% interest in the Selwyn Project (the "Transaction") to its joint venture partner, Chihong Canada Mining Ltd.

Dr. Harlan Meade, President, Chief Executive Officer and a director of the Company, stated: "We are very pleased that our shareholders approved this transaction. At the meeting, a number of shareholders expressed support for the recently announced position of Samara Capital Inc. regarding the payment of a dividend. The Company will be updating the market on its views of the dividend and the timetable for the meeting to consider the annual meeting matters."

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.

Selwyn Resources Ltd.
Dr. Harlan Meade, President and CEO
604-801-7240 or Toll Free: 1-888-989-9188
International Toll Free: 800-7581-2133

or

Selwyn Resources Ltd.
Carlos Gonzalez, Manager of Investor Communications
604-801-7240 or Toll Free: 1-888-989-9188
International Toll Free: 800-7581-2133
Fax: 604-689-8355
info@selwynresources.com
www.selwynresources.com