TORONTO, ONTARIO -- (Marketwired) -- 05/21/13 -- Colossus Minerals Inc. (the "Company" or "Colossus") (TSX:CSI)(OTCQX:COLUF) announces that, at the annual and special meeting of shareholders held on May 21st, 2013, each of the 8 nominees in the Management Information Circular dated April 10th, 2013 were elected as directors of the Company.

Based on the ballot conducted at the meeting, the following individuals were elected as directors of the Company until the next annual meeting of shareholders. The results are set out below:

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                                                                 % of Votes
                            Votes    % of Votes    Votes Cast          Cast
Name of Nominee          Cast FOR      Cast FOR      WITHHELD      WITHHELD
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J. Alberto Arias       55,155,737         99.95        25,295          0.05
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John Frostiak          55,157,437         99.96        23,595          0.04
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David Garofalo         55,150,937         99.95        30,095          0.05
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Greg Hall              54,840,467         99.38       340,565          0.62
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Mel Leiderman          55,151,237         99.95        29,795          0.05
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Claudio Mancuso        55,155,237         99.95        25,795          0.05
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Douglas Reeson         43,263,799         78.40    11,917,733         21.60
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John S.M. Turner       55,149,037         99.94        31,995          0.06
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The voting results from all other resolutions provided for in the Management Information Circular were filed today with the Canadian Securities Regulatory Authorities at www.sedar.com.