/EINPresswire.com/ -- VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/27/16 -- Zazu Metals Corporation (TSX: ZAZ) ("Zazu") is pleased to announce voting results from the annual meeting of its shareholders (the "Shareholders") held today (the "Meeting") in Vancouver, British Columbia.

The majority of Shareholders voted in favour of all resolutions at the Meeting as set out in Zazu's management information circular dated May 9, 2016. At the Meeting, Shareholders approved the following items of business:

--  the election of each of Gil Atzmon, Joshua Crumb, Robert Giustra, Bryan
    Morris, Dennis Peterson and Paul Saxton as directors of Zazu until the
    next annual meeting of Shareholders or until their successors are
    elected or appointed;

--  the approval of all unallocated stock options under Zazu's existing
    stock option plan until June 27, 2019. Zazu's stock option plan is a
    rolling stock option plan and requires shareholder approval every three
    years;

--  the ratification and re-approval of Zazu's shareholder rights plan
    previously approved by shareholders in 2013. The shareholder rights plan
    also requires shareholder approval every three years; and

--  the appointment of PricewaterhouseCoopers LLP, Chartered Accountants as
    auditors of Zazu for the ensuing year.

A total of 23,729,758 shares, representing 43% of Zazu's issued and outstanding shares, were voted as follows:

                                 For            Withheld        Not voted
Election of directors:
  Gil Atzmon                19,056,522  80%     599,142   3%  4,074,094  17%
  Joshua Crumb              16,768,039  71%   2,887,625  12%  4,074,094  17%
  Robert Giustra            15,225,039  64%   4,430,625  19%  4,074,094  17%
  Bryan Morris              16,768,039  71%   2,887,625  12%  4,074,094  17%
  Dennis Peterson           19,056,522  80%     599,142   3%  4,074,094  17%
  Paul Saxton               17,868,522  75%   1,787,142   8%  4,074,094  17%

Approval of unallocated     19,056,522  80%           0   0%  4,074,094  17%
 stock options

Re-approval of shareholder  19,059,147  80%           0   0%  4,074,094  17%
 rights plan

Appointment of              23,729,758 100%           0   0%          0   0%
 PricewaterhouseCoopers
 LLP as auditors

Cautionary statement:

The TSX does not accept responsibility for the adequacy or accuracy of this press release. No stock exchange, securities commission or other regulatory has approved or disapproved the information herein.

Forward looking statements:

All forward-looking statements made by the Company, including any in this release or on its website, are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, obtaining Toronto Stock Exchange approval and the ratification of the Plan by shareholders, could differ materially from those currently anticipated in such statements for many reasons such as: the Toronto Stock Exchange requiring amendments to the Plan unsatisfactory to management or the Board, the shareholders of Zazu not ratifying the Plan, or management or the Board determining not to proceed with seeking approval from the Toronto Stock Exchange or the shareholders of Zazu or other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

Contacts:
Zazu Metals Corporation
Matthew Ford
President
210 858-7512
mford@zazumetals.com

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