Camrova Resources Reports Results of AGM and Appointment of CFO

VANCOUVER, British Columbia, Aug.21, 2017(GLOBE NEWSWIRE) -- Camrova Resources Inc., ("Camrova" or the "Company") (TSX-V:CAV) (OTC:BAJFF) is pleased to announce the results of its Annual General and Special Meeting of Shareholders ("AGM") held July 24, 2017 in Vancouver, B.C.

Holders of a total of 2,668,677 shares (15.69% of the outstanding shares as of the record date) were represented in person or by proxy at the meeting.

Shareholders voted in favour of all items in business, including fixing the number of directors at three, and the re-election of each of the director nominees:Tom Ogryzlo, Wolf Seidler, and Peter Clausi.Shareholders also voted and (i) re-appointed PricewaterhouseCoopers LLP, Chartered Professional Accountants, as auditors of the Company, (ii) approved the Company's stock option plan, and (iii) authorized the Board of Directors, if it thinks appropriate, to consolidate all of the issued and outstanding common shares up to a maximum of a 1 new for 4 old common share basis. Disinterested shareholder approval was received for the re-pricing of an aggregate of 162,500 previously issued stock options to insiders exercisable at a new exercise price of $0.215 per common share (see press release dated February 8, 2017).

The Company is pleased to announce that it has appointed Sri Krishn (Kris) Misir to the office of Chief Financial Officer and Corporate Secretary of the Company effective August 16, 2017, replacing Nigel Kirkwood.Mr. Kirkwood resigned his office with the Company on August 15, 2017, following the filing of the Company's interim financial statements and MD&A for the quarter ended June 30, 2017, to pursue another opportunity.The Board of Directors and Management thank Mr. Kirkwood for his contributions to the Company and wish him success in his future endeavours.

"We are very pleased to welcome Kris to Camrova," said Camrova's Interim CEO Tom Ogryzlo. Mr. Misir is a former Senior Vice President - Finance at SNC Lavalin Inc. (Global Mining and Power Divisions) and now heads Misir & Mohan Consulting& Accounting Services Inc. - Chartered Professional Accountantswhich provides Management and Accounting Services.

The Company granted 100,000 stock options under its Stock Option Plan to Mr. Misir, exercisable at a price of $0.075 per share for a period of five years expiring August 16, 2022. The stock options vest as to 25% of the Optioned Shares on each of November 16, 2017, February 16, 2018, May 16, 2018 and August 16, 2018, respectively and are subject to any necessary regulatory approvals.

For further information, please contact Camrova's Interim CEO Tom Ogryzlo at 604?EUR?685?EUR?2323 or via email at info@camrovaresources.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements or forward-looking information (forward-looking statements). These statements can be identified by expressions of belief, expectation or intention, as well as those statements that are not historical fact. Forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. Forward-looking statements contained in this press release are based on our current estimates, expectations and projections, which the Company believes are reasonable as of the current date. Actual results could differ materially from those anticipated or implied in the forward-looking statements and as a result undue reliance should not be placed on forward-looking statements. Additional risks and uncertainties can be found in the Company's (formerly "Baja Mining Corp.") reporting documents filed on SEDAR (www.sedar.com), including its Management Discussion and Analysis. Forward-looking statements are given only as at the date of this press release and the Company disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.