Selwyn Announces Appointment of New Manager of Investor Communications

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 12, 2013) - Selwyn Resources Ltd. (TSX VENTURE:SWN) ("Selwyn") is pleased to announce the appointment of Mr. Carlos Gonzalez as Manager of Investor Communications.

Mr. Gonzalez brings extensive experience with investor communication and financial planning. Mr. Gonzalez obtained his MBA from the Universidad Argentina de la Empresa, Argentina and has completed several management development programs. Between 1993 and 2011, Mr. Gonzalez was the Chief Financial Officer of Transener S.A., a privatized electricity power transmission company in the Argentine Republic. His skill sets are complementary to Selwyn's investor communications program; and he brings a new level of experience and knowledge that will meet the Company's needs as it transition to become a producer with the restart of the ScoZinc Mine.

Selwyn has announced an agreement, subject to fulfilment of a number of conditions, to sell its interest in the Selwyn Project to its joint venture partner Chihong Canada Mining Ltd. for $50 million (see March 4, 2013 news release). The Company will seek shareholder approval of the sale transaction at its Annual General and Special Meeting of Shareholders to be held on April 22, 2013. With completion of the sale transaction, Selwyn will focus its exploration and development on the restart of operations at the ScoZinc Mine in Nova Scotia.

This press release contains forward-looking statements and forward-looking information (collectively referred to as "forward-looking statements") regarding the focus of the Company after completion of the sale transaction. These forward-looking statements are based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate.

Readers are cautioned actual results could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, many of which are beyond Selwyn's control. These factors include, but are not necessarily limited to, results of the restart program at the ScoZinc Mine, exploration and development activities, the uncertainties of resource and reserve estimations, receipt of permits to conduct mining activities, project cost overruns or unanticipated costs and expenses, fluctuations in metal prices and general market and industry conditions. Accordingly, readers should not place undue reliance on this information. Selwyn does not undertake to update any forward-looking statements, except as, and to the extent required by, applicable securities laws.