Greencastle Shareholders Approve All Matters at Special Meeting

Greencastle Resources Ltd. (TSX VENTURE:VGN) ("Greencastle" or the "Company") is
pleased to report that at the special meeting of holders of common shares of the
Company held on October 23, 2013, the shareholders overwhelmingly approved a
resolution adopting the shareholder rights plan of the Company and a special
resolution reducing the stated capital attributable to the common shares of the
Company and associated special distribution, permitting the board of directors
of the Company to pay a distribution to shareholders in the form of a return of
capital at such future date and amount as the board may deem advisable.


Shareholder votes cast at the meeting were at unusually high levels and both
resolutions were strongly supported with 90% of votes cast in favour.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Greencastle Resources Ltd.
Anthony Roodenburg
CEO
(416) 367-4571 x 233
www.greencastleresources.com

Greencastle Resources (TSXV:VGN)
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