Eagle Plains Resources Announces Results of Annual General Meeting

Cranbrook, British Columbia CANADA, September 05, 2013 /FSC/ - Eagle Plains Resources Ltd. (EPL - TSX Venture),shareholders approved all matters put before them at the Company's annual and special general meeting held on September 4th, 2013, as follows:

1. Elected the following directors of the Company for the ensuing year: Timothy Jay Termuende, Charles C. Downie, Ronald K. Netolitzky, Glen J. Diduck, Ryan Kalt and Darren B. Fach;

2. Appointed MacKay LLP as auditors of the Company for the ensuing year;

3. Passed a resolution approving the renewal of the Company's Stock Option Plan;

4. Ratification by disinterested shareholders of the re-pricing of 6,725,000 options;

5. Passed an ordinary resolution relating to By-Law No. 1A, which amends the by-laws of the Corporation to add an advance notice provision for nomination of directors.

Eagle Plains remains active in the junior mining space, with ongoing projects in British Columbia, Yukon and Saskatchewan. As of August 31st, EPL held $4.5M in cash and short-term receivables and $2.8M in investments. The company also owns its office building, additional real-estate in the East Kootenay region, field and office equipment. TerraLogic Exploration Inc., EPL's 100%-owned subsidiary, continues to generate revenue through its mineral exploration consulting activities for third-party clients.

About Eagle Plains Resources

Based in Cranbrook, B.C., Eagle Plains continues to conduct research, acquire and explore mineral projects throughout western Canada. Since 1992, EPL has been acquiring and developing early stage projects utilizing an in-house team of geologists, technicians and specialists. Considered a prolific project generator with over 35 properties, EPL invites joint venture participation to expedite development, reduce risk and enhance exposure to discovery.

Current third party agreements if maintained to completion expose EPL to over $45M in exploration expenditures, $5M cash and 10M shares in partner companies. Completed agreements have yielded over $17M in exploration spending, $1.8M cash to EPL and a total of 18M shares of partner companies including Alexco Resource Corp., NovaGold Resources Inc., Giyani Gold Corp. and numerous others.

Expenditures during 2011 and 2012 on Eagle Plains-related projects were approximately $14M, which was funded by Eagle Plains and third-party partners. This exploration work resulted in approximately 15,000m of diamond drilling and extensive ground-based exploration work facilitating the advancement of more than 23 projects at various stages of development.

On behalf of the Board of Directors

"Tim J. Termuende"
President and CEO

For further information on EPL, please contact Mike Labach at
1 866 HUNT ORE (486 8673)
Email: [email protected] or visit our website at http://www.eagleplains.com


Cautionary Note Regarding Forward-Looking Statements

Neither the 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. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

To view the press release as a PDF file, please click on the following link:
http://www.usetdas.com/pr/eagle09052013.pdf


Source: Eagle Plains Resources Ltd. (TSX-V: EPL) http://www.eagleplains.ca
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Source: Filing Services Canada (September 5, 2013 - 10:30 AM EDT)

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