Chesstown Capital Inc. (TSX VENTURE:FG) reports that pursuant to the Annual and
Special Shareholder Meeting, which was held at the Company's corporate office in
Burlington ON, on July 15, 2011, shareholders have voted in favour of all
management resolutions proposed in the Management Information Circular including
the approval of the Company's Stock Option Plan, the name change of the
Corporation to Falcon Gold Corp., the election of directors and the approval of
Grant Thornton LLP as the Company's auditors. The five members elected to the
Board of Directors include: Edward Stringer, President & CEO, Brian Crawford,
CFO, Jamie Lavigne, VP Exploration, David Beilhartz, and Peter Clausi.


About Chesstown Capital Inc.

Chesstown Capital Inc. is a Canadian mineral exploration company focussed on
gold projects in Canada. Its flagship project - the advanced-stage 100% owned
Burton Property - is located in the Abitibi Greenstone/Swayze Extension Gold
Belt which hosts the world-class mining centres of Kirkland Lake, Timmins, and
Val d'Or.


On Behalf of the Board of Directors

CHESSTOWN CAPITAL INC.

Edward Stringer, President, CEO and Director

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