Bralorne Announces Results of Adjourned Annual General and Special Meeting

VANCOUVER, BRITISH COLUMBIA -- (Marketwired - Oct 17, 2013) - Bralorne Gold Mines Ltd. (TSX VENTURE:BPM) (OTCQX:BPMSF) (BERLIN:GV7)(FRANKFURT:GV7) (WKN A0B75M) (the "Company") is pleased to announce that it received approval for the following matters submitted to shareholders at its Adjourned Annual General and Special Meeting held on Wednesday, October 9, 2013.

Shareholders re-elected the following six nominees to serve a one-year term on the Board of Directors:

	•		Dr. Matt Ball		William Kocken
	•		Gary Robertson		William Glasier
	•		Patrick Kinsella		David Wolfin

In addition, shareholders also approved:

• The re-appointment of Smythe Ratcliffe, Chartered Accountants, as Auditors for the Company for the ensuring year;


• The Company's existing Stock Option Plan; and


• The re-pricing of certain incentive stock options previously granted to insiders.

In regards to the last item above, the disinterested shareholders approved the re-pricing of existing incentive stock options previously granted to insiders to purchase up to 2,078,107 common shares to a price of $0.30 per share. The incentive stock options had originally been granted at various prices of $0.75, $0.85, $1.00 and $1.16 per share on their dates of grant.

The board of directors of the Company has also approved the re-pricing of existing incentive stock options previously granted to employees and consultants to purchase up to 510,326 common shares to a price of $0.30 per share. The original prices of these incentive stock options were granted at various prices of $0.75, $0.85, $1.00 and $1.16 per share on their dates of grant. The re-pricing of the existing stock options was necessary because incentive stock option benefits are an important part of the Company's compensation packages for its directors, officers, management and staff, and to retain qualified personnel and ensure that they have an economic incentive to diligently pursue the business interests of the Company.


About Bralorne Gold Mines Ltd.

The Company is a Canadian junior mining and exploration company, whose corporate strategy is to build shareholder value through the exploration and development of economically viable mineral properties. The Company's current project is a 100% interest in the Bralorne Gold Mine, BC.

For more information, please visit our website at: www.bralorne.com


ON BEHALF OF THE BOARD

William Kocken
Chief Executive Officer



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. This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.



Contact

Bralorne Gold Mines Ltd.
William Kocken, Chief Executive Officer
604.682.3701
604.682.3600
ir@bralorne.com
www.bralorne.com