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SLAM Holds Annual and Special Meeting
Published : July 25, 2013

Change of Directors; Change of Auditors, Current Focus On Maisie Gold Zone

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MIRAMICHI, NEW BRUNSWICK--(Marketwired - July 25, 2013) - SLAM Exploration Ltd. (News - Market indicators)(OTCBB:SLMF) ("SLAM") is pleased to report the annual general and special meeting was held at the Rodd Miramichi Hotel in Miramichi, New Brunswick, on July 24th, 2013. Items on the agenda included the election of the board of directors, a financial review and other business along with a presentation on the company's current and planned operations and an opportunity for shareholders to ask questions.

Two new directors, John Martin and Eugene Beukman joined Edward Yates and Michael Taylor on the board of directors. The board appointed Michael Taylor to continue as President and CEO and Eugene Beukman to serve as CFO. A Chan & Company, LLP, Chartered Accountants were appointed as auditors.

The Company has accepted the resignation of directors John Hansuld and Roger Frenette along with the resignation of former CFO Roland Lovesey. On behalf of the shareholders, we wish to thank these gentlemen for their years of service to the Company.

Subsequent to the AGM, the directors held a board meeting and planning session. In accordance with the company option plan, a total of 930,000 options were awarded to officers, directors, employees and consultants. These options are exercisable at $0.10 until July 25, 2018. The total options issued are 2,000,000 from a total of 2,623,023 available under the company option plan.

Director and CFO Eugene Beukman of Vancouver, BC, has a wealth of experience in the management and advancement of public companies. Director John Martin, P. Eng of Miramichi, NB, is a metallurgist with a long and distinguished career involving management of exploration, mine development and production in both base metals and gold. Going forward, the new board is implementing cost control measures but will continue to direct the corporate focus on the advancement of the Maisie gold zone. With significant gold visible at surface, the Company believes that once the scope of the deposit is confirmed, a relatively low capital expenditure will be required to bring it to production.

About the Maisie Zone:

Since discovery in 2012, the Company has traced the Maisie zone over a 700 m strike length and to a depth of 45 m with trenching and drilling programs. Drill hole locations are shown at http://www.slamresources.com/projects/new-brunswick/menneval. During the 2012 trenching program, the Company reported numerous sites of visible gold with bonanza grade assays as it uncovered the vein system. Photos of selected drill core with visible gold can be viewed at http://www.slamresources.com/core-shack/.

Qualifying Statements: Mike Taylor, P.Geo., President and CEO of SLAM, is the Qualified Person responsible for the geotechnical information contained herein.

About SLAM Exploration Ltd:

SLAM is a mineral resource company based in Miramichi, New Brunswick and is actively exploring recent new gold discoveries on its Menneval project in northwestern New Brunswick. In addition, the Company owns the Nepisiguit and Nash Creek silver-base metal deposits, both NI 43-101 compliant and located in New Brunswick. The Company also owns a significant gold portfolio in Ontario including the Reserve Creek gold deposit. Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com. Follow us on twitter @SLAMGold.

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.

On behalf of the Board

Mike Taylor, P. Geo., President & CEO

SEDAR: 00012459E

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration and development activities and events or developments that SLAM expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward looking statements. Please see our public filings at www.sedar.com for further information.



SLAM Exploration Ltd.
Mike Taylor, P. Geo.
President & CEO
506-627-1353 or Toll Free: 866.523.6719
darlene@slamexploration.com
www.slamexploration.com

Slam Exploration Ltd.

EXPLORATEUR
CODE : SXL.V
ISIN : CA8310042053
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Slam Expl. est une société développant des projet miniers de zinc et de plomb basée au Canada.

Slam Expl. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont LEWIS BROOK, OPIKEIGEN, SILVERJACK, TSN, MIMINISKA-KEEZHIK, COSTIGAN, NASH CREEK, NEPISIGUIT, CADMAN LAKE et RESERVE CREEK au Canada.

Slam Expl. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 431 700 CA$ (324 806 US$, 298 984 €).

La valeur de son action a atteint son plus haut niveau récent le 27 mai 2005 à 9,90 CA$, et son plus bas niveau récent le 20 décembre 2019 à 0,01 CA$.

Slam Expl. possède 28 780 000 actions en circulation.

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Financements de Slam Exploration Ltd.
04/07/2013Closes First Tranche of Private Placement
03/06/2013Announces $800,000 Private Placement
31/10/2012Announces $1M Private Placement
Projets de Slam Exploration Ltd.
18/03/2015SLAM completes drilling program at Superjack
19/02/2015SLAM drilling program continues at Superjack
11/02/2015Slam launches Superjack drilling program
09/02/2015SLAM signs drilling contract for Superjack
18/02/2011(Silverjack)COMPLETES DRILLING AT SILVERJACK
21/01/2011(Reserve Creek)CUTS 19.7 M CORE INTERVAL GRADING 4.99 G/T GOLD
Communiqués de Presse de Slam Exploration Ltd.
18/03/2015completes drilling program at Superjack
24/02/2015Slam announces $600,000 private placement
19/02/2015drilling program continues at Superjack
31/10/2013Presenting at Exploration, Mining & Petroleum 2013 in Freder...
22/10/2013Digging Gold at Menneval
17/09/2013Digging for Gold at Menneval
06/08/2013Announces Change of Auditor
06/08/2013Announces Change of Auditor
25/07/2013Holds Annual and Special Meeting
27/03/2013Reports Successful Gold Liberation Tests
19/03/2013Drills 121 g/t Gold Over 0.31 m
13/03/2013Drills 22.97 g/t Gold Over 1.9 m
11/02/2013Drilling Phase II Program on Gold Discovery
29/01/2013Announces Metallurgical Study on Maisie Zone
23/01/2013Presenting at Global Chinese Financial Forum
17/01/2013Reports 0.30 m Interval Grading 104 g/t Gold
10/01/2013s Diamond Drilling Program
04/01/2013s 47 Hole Diamond Drilling Program
12/12/2012Diamond Drill Holes Hitting Gold Target
08/11/2012Team Members Receive Prospector of the Year Award for Gold D...
22/10/2012Assays Up to 1100 g/t Gold Over 1.1 Metre
22/10/2012Assays Up to 1100 g/t Gold Over 1.1 Metre
18/09/2012Presenting at CIM-NB Branch 37th Convention
13/09/2012Announces Grant of Stock Options
27/04/2011UPGRADES SILVER, LEAD, ZINC IN DEPOSIT
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