Edgewater Announces Results of Annual General Meeting

Edgewater Exploration Ltd. ("Edgewater" or the "Company") (TSX VENTURE:EDW) is
pleased to announce that its shareholders have approved all resolutions
presented to them at the annual general meeting of the Company held on July 09,
2014. The Shareholders re-elected six directors to the Board, George Salamis
(also President & CEO), Douglas B. Forster, Blayne Johnson, Danny Lee, Mike Vint
and Ryan King (also Vice-President). The Shareholders also reappointed
PricewaterhouseCoopers LLP Chartered Accountants, as the Company's auditors and
authorized the directors of the Company to affix the remuneration to be paid to
the auditors for the ensuing year. The Shareholders also passed a Special
Resolution approving the reduction of the Company's capital by an amount equal
to the value of the Pinecrest Resources Ltd. common shares that may be
distributed to the Company's shareholders (see Edgewater News Release dated May
22, 2014).


About Edgewater Exploration Ltd.

Edgewater is a mineral development and exploration company focused on
advancement and development of precious metal properties. Edgewater has an
experienced mine building and operating team with a track record of success. The
Company is currently developing the Corcoesto Gold Project in northwest Spain.


On behalf of the Board of 

EDGEWATER EXPLORATION LTD.

George Salamis, President and CEO

Neither the 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Edgewater Exploration Ltd.
Ryan King
Vice President
[phone]
[e-mail]