TORONTO, ONTARIO--(Marketwire - June 30, 2011) - Takara Resources Inc. "Takara" (News - Market indicators) announces that its Annual General and Special Meeting of Shareholders was held on Tuesday, June 28, 2011 and the shareholders approved the following individuals to serve as directors of Takara for the ensuing year: Jennifer Boyle, John McConnell, Marty Rendall, Pamela Strand, Carrie Howes and Marni Wieshofer. The shareholders further approved MSCM LLP to serve as auditors of Takara for the ensuing year and the implementation of a new 2011 Stock option incentive plan. All material from the annual general and special meeting of the shareholders including Takara's audited annual financial statements are available on SEDAR at www.sedar.com.

The Board of Directors of Takara has ratified the appointment of Jennifer Boyle, LL.B as President and Chief Executive Officer, Dr. Tania Ilieva, P.Geo. as Vice President, Exploration and appointed Carlissa De Rose as Executive Vice President.

Ms. De Rose, B.Sc., has several years experience in operating the business administrative component for publicly traded junior exploration and development companies, particularly as it relates to Corporate Finance, Securities Compliance, Operations, Corporate Governance, and Business Development.

The Tassawini Project has been expanded to include 3 new Prospecting Licences abutting the current landholding position at Tassawini, and as new data becomes available, the Company will provide updates for its plans on this adjoining ground.

The Company further announces that a third party has asserted rights in respect of two of the projects that comprise the Arakaka Project, namely the "B-22 and B-23" properties, each of which are situated in a favourable area along the trend. Takara is currently investigating the matter.

Lastly, the Company announces that it continues to take further steps in developing a Corporate Social Responsibility plan with the local Amerindian Village at Tassawini and with other stakeholders. It is not expected that advanced exploration activities at Tassawini will be delayed as a result of not having an updated agreement or plan in place, however, the Company does expect certain input from the stakeholders in respect of its ongoing programs, particularly as it relates to requirements under applicable legislation and to the steps the Company is undertaking to complete its environmental baseline studies and an Environmental and Social Impact Assessment Report.

About Takara

Takara Resources Inc. is a Canadian based gold company focused on exploring and developing its Guyana gold assets in the Guiana Shield that are held within a wholly-owned subsidiary, StrataGold Guyana Inc., namely: (i) the Tassawini Gold Project (100% interest); and (ii) the Arakaka Project (100% interest). The Tassawini Gold Project hosts a National Instrument ("NI") 43-101 compliant mineral resource estimate. Tassawini deposit contains 437,000ounces gold (Indicated resource 10,799,600 tonnes having an average grade of 1.3 g/t) and Inferred resource of 62,000 ounces gold (614,000 tonnes having an average grade of 1.7 g/t and 1,312,000 tonnes having an average grade 0.7 g/t).

Dr. Tania Ilieva, P. Geo. is the Vice President Exploration for Takara Resources and is Takara's Qualified Person for the company's Guyana gold projects, and is responsible for the verification and quality assurance of analytical results, and technical content of Takara's disclosures. 

Transactions of Takara are most often subject to regulatory approvals. The securities of Takara Resources Inc. have not been registered under the United States Securities Act of 1933, as amended, or the securities laws of any U.S. State, and may not be offered or sold in the United States or to any "US Person" (as defined in Regulation S under the Securities Act of 1933) absent registration or an exemption from registration.

Statement Regarding Forward Looking Information 

This news release of Takara contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Takara's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this document include statements regarding Takara's expectations regarding ownership, entitlements, drilling and exploration activities on properties in which Takara has, or believes it has an interest. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Takara's expectations. Takara undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.