XME

Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME)(OTCQX:XMTTF) announces
that its annual meeting was held on June 27, 2013. All directors were
re-elected, the appointment of auditors was approved, the company's stock option
plan was approved for the ensuing year and the creation of a class of preferred
shares issuable in series was approved. The voting details will be posted on
Sedar.


Xmet also announces the expiration of its agreement to purchase 75% interest in
the Duquesne Ottoman project. "The terms of the Duquesne acquisition were not
financeable in the current junior resource market, however we look forward to
focusing on our two 100% owned projects, Grasset and Authier along with other
opportunities," said Alex Stewart, CEO of Xmet Inc.


About Xmet Inc.

Xmet is a gold exploration company focused on advanced projects in existing
mining camps in Canada where exploration and mining costs are minimized and
where previous and historic producing mines make for much easier permitting. 


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.


Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to predict. Actual
results might differ materially from results suggested in any forward-looking
statements. Xmet assumes no obligation to update the forward-looking statements,
or to update the reasons why actual results could differ from those reflected in
the forward looking-statements unless and until required by securities laws
applicable to Xmet. Additional information identifying risks and uncertainties
is contained in filings by Xmet with Canadian securities regulators, which
filings are available under Xmet's profile at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Xmet Inc.
Alexander Stewart
Chief Executive Officer
(416) 644-6588
astewart@xmet.ca


Xmet Inc.
Stephen Stewart
VP Corporate Development
(416) 644-6588
sstewart@xmet.ca

Xmet Inc. (TSXV:XME)
Historical Stock Chart
From Jun 2024 to Jul 2024

Xmet Inc. (TSXV:XME)
Historical Stock Chart
From Jul 2023 to Jul 2024