Honey Badger: Honey Badger Exploration Announces Results of Annual Meeting of Shareholders and Meeting of Board of Directors

Honey Badger: Honey Badger Exploration Announces Results of Annual Meeting of Shareholders and Meeting of Board of Directors

TORONTO, ONTARIO--(Marketwire - July 4, 2011) - Honey Badger Exploration, Inc. (TSX VENTURE:TUF) (the "Company") announces the results of its Annual General and Special Meeting ("AGM") of its Shareholders held on June 23, 2011 at the Company's corporate offices. A quorum of the Company's outstanding common stock as of the record date of May 16, 2011 was present in person or by proxy at the AGM.

Proposed Resolutions

1. To receive and consider the financial statements of the company for the fiscal year ended December 31, 2010 and the Auditors' Report thereon.

2. To appoint MSCM LLP, Chartered Accountants, as the auditors of the Company, and to authorize the Directors to fix the remuneration.

3. To elect Directors to serve until the next Annual General Meeting of Shareholders or until their successors are elected or appointed.

4. To approve continuation of the Stock Option Plan of the Company as instituted and as approved by the TSX Venture Exchange.

5. To approve share issuances in lieu of cash remuneration to Directors and Officers with respect to services rendered to a maximum limit of 2,000,000 shares collectively.

6. To approve the sale of the remaining 49% interest in the Blackjack Property.

7. The resolution to approve a share consolidation as per the addendum to the information circular dated May 16, 2011 was withdrawn from consideration at the Meeting.

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