Zazu Annual Shareholders Meeting Voting Results

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2016) - 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 Joshua Crumb Robert Giustra Bryan Morris Dennis Peterson Paul Saxton	19,056,522 16,768,039 15,225,039 16,768,039 19,056,522 17,868,522	80% 71% 64% 71% 80% 75%	599,142 2,887,625 4,430,625 2,887,625 599,142 1,787,142	3% 12% 19% 12% 3% 8%	4,074,094 4,074,094 4,074,094 4,074,094 4,074,094 4,074,094	17%