Vancouver, British Columbia, January 2, 2014 - Scott Baxter, President and CEO of Sniper Resources Ltd. (TSX-V: SIP) ("Sniper" or the "Company") is pleased to announce the results of its Annual and Special General Meeting of Shareholders (the "Meeting") held on December 19, 2013 in Vancouver, British Columbia. At the Meeting, shareholders approved all resolutions put before them by management including the election of all director nominees, the re-appointment of the auditors, the re-approval of the Company's share incentive plan, and the settlement of certain debts with shares.

Results of Annual and Special General Meeting

Total Voting Shares

A total of 8,606,712 shares representing 19.28% of the issued capital were voted at the annual meeting. No shares or proxies were disqualified.

Election of the Board of Directors

Directors

Votes For

Votes withheld

Scott Baxter

8,491,721 (98.7%)

115,000  (1.3%)

John Cumming

8,466,721  (98.4%)

140,000  (1.6%)

Sam Storey

8,491,721  (98.7%)

115,000  (1.3%)

Timothy Johnson

8,466,721  (98.4%)

140,000  (1.6%)

Appointment of Auditors

The shareholders re-appointed Dale Matheson Carr-Hilton Labonte LLP, Chartered Accountants as the Company's auditor and authorized the directors to fix the auditors remuneration.

Share Incentive Plan including Stock Option Plan

The shareholders re-approved the Company's share incentive plan including the Company's rolling incentive stock option plan.

Debt Settlement

The shareholders approved the settlement of debt with shares to two directors and officers.  The debt settlement remains subject to further action by the board of directors and regulatory approvals.

The debt settlement resolution was approved based on 7,480,000 disinterested shares (98.4% of the shares eligible to vote) voting in favour of the debt settlement. 1,006,000 shares were not eligible to vote on this resolution.

About Sniper Resources Ltd.

Sniper Resources Ltd. is engaged in the identification, acquisition and exploration of gold properties with a primary focus in the State of Nevada, USA. Sniper owns a 100% interest in the Laura property and holds options to earn a controlling interest in two additional strategically located gold projects, the Overland Pass and Weepah properties, all in Nevada.

For further information about Sniper Resources and its Nevada projects please contact Mr. Scott Baxter, President and CEO at (604) 263-5614 or via email scottbax@telus.net.

To subscribe to Sniper's newsletter, The Sniper News, email us at infoatsniperresources@gmail.com

Please visit the Sniper Resources Ltd. website at www.sniperresources.com

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