Counsel Corporation announces election of directors

TORONTO, June 11, 2013 /CNW/ - Counsel Corporation ("Counsel" or the "Company") (TSX: CXS), a financial services company, today announced that the nominees listed in the management proxy circular for the 2013 Annual Meeting of Shareholders were elected as directors of the Corporation.  Detailed results of the votes by proxy for the election of directors held at the Annual Meeting of Shareholders today in Toronto are set out below.

Nominee	Votes For	% For	Votes Withheld	% Withheld
Allan Silber	29,031,540	95.29	1,436,436	4.71
Ronald Appleby	29,033,704	95.29	1,434,272	4.71
Tibor Donath	30,453,940	99.95	14,036	0.05
William Lomicka	30,400,940	99.78	67,036	0.22
Philip Reichmann	30,455,776	99.96	12,200	0.04
Barry Rotenberg	29,038,540	95.31	1,429,436	4.69
Paul Vessey	30,456,276	99.96	11,700	0.04

About Counsel Corporation (www.counselcorp.com)
Counsel Corporation (TSX: CXS) is a financial services company operating in residential mortgage lending through its wholly owned subsidiary Street Capital Financial Corporation, one of the largest non-bank mortgage lenders in Canada. Founded in 1979 and a public company for more than a quarter century, Counsel's goal is to build consistently profitable, industry-leading financial services companies by investing in great leaders and providing them with the strategic guidance and financial resources they need to succeed.

SOURCE: Counsel Corporation

For investor or media enquiries, please contact:

Counsel Corporation
Stephen Weintraub, EVP, Secretary & CFO
[email protected]
Tel: [phone]

TMX Equicom
Tim Foran
[email protected]
Tel: [phone] ext. 251