Channel Resources Ltd. Adopts Advance Notice Policy

Channel Resources Ltd. ("Channel" or the "Company") (TSX VENTURE:CHU) announces
that its board of directors has adopted an advance notice policy (the "Policy")
in order to facilitate an orderly and efficient annual general or, where the
need arises, special meeting, to ensure that all shareholders receive adequate
notice of director nominations and sufficient information with respect to all
nominees, and to allow shareholders to register an informed vote having been
afforded reasonable time for appropriate deliberation.


The Policy, among other things, fixes a deadline by which holders of record of
common shares of Channel must submit director nominations to the Secretary of
the Company prior to any annual or special meeting of shareholders and sets
forth the specific information that a shareholder must include in the written
notice to the Secretary of the Company for an effective nomination to occur. No
person will be eligible for election as a director of the Company unless
nominated in accordance with the provisions of the Policy.


In the case of an annual meeting of shareholders, notice to the Company must be
made not less than 30 nor more than 65 days prior to the date of the annual
meeting; provided, however, that in the event that the annual meeting is to be
held on a date that is less than 50 days after the date on which the first
public announcement of the date of the annual meeting was made, notice may be
made not later than the close of business on the 10th day following such public
announcement


In the case of a special meeting of shareholders (which is not also an annual
meeting), notice to the Company must be made not later than the close of
business on the 15th day following the day on which the first public
announcement of the date of the special meeting was made.


The full text of the Policy is available under the Company's profile at
www.sedar.com and on the Company's website at
http://www.channelresources.ca/i/pdf/CHUadvancenoticepolicy.pdf or upon request
by contacting the Company's Corporate Secretary at (604) 684-7098.


The Policy is in full force and effect as of April 23, 2013. In accordance with
the terms of the Policy, the Policy will be put to shareholders of the Company
for approval at the next annual general and special meeting (the "Meeting"),
which is scheduled for June 26, 2013. If the Policy is not confirmed at the
Meeting, the Policy will terminate and be of no further force and effect
following the termination of the Meeting. 


Changes in Chief Financial Officer and Corporate Secretary Roles

Ms. Christina Yip will be stepping down from the roles of Chief Financial
Officer ("CFO") and Corporate Secretary effective June 6, 2013 to pursue other
opportunities. Ms. Yip will continue to be available to the company on a
consulting basis as the CFO role transitions back to Mr. Cyrus Ameli, a director
and the Company's Senior Vice President, who previously held the position of CFO
and Corporate Secretary from 2007 to 2011. The Board would like to take this
opportunity to thank Ms. Yip for her many contributions to the development of
the Company over the past two years and wishes her well in her next venture.


Some of the statements contained herein are forward-looking statements involving
known and unknown risks and uncertainties. Without limitation, statements
regarding potential mineralization and resources, exploration results, and
future plans and objectives of the Company are forward looking statements that
involve various degrees of risk. The following are important factors that could
cause the Company's actual results to differ materially from those expressed or
implied by such forward looking statements: changes in the price of minerals,
general market conditions, risks inherent in mineral exploration, risks
associated with development, construction and mining operations, the uncertainty
of future profitability and the uncertainty of access to additional capital. The
Company undertakes no obligation to update publicly or otherwise revise any
forward-looking statements or the foregoing list of factors, whether as a result
of new information or future events or otherwise. Further disclosure on risk
factors is available in the Company's various corporate filings at
www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Channel Resources Ltd.
Colin McAleenan
President & CEO
604.684.7098


Channel Resources Ltd.
Cyrus Ameli
Senior VP
604.684.7098
604.684.7079 (FAX)
info@channelresources.ca
www.channelresources.ca
Channel Resources Ltd. (TSXV:CHU)
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