The Board of Aguia Resources Limited (ASX:AGR) are pleased to announce that approval for the acquisition of Potassio do Atlantico Ltda (PALTDA) was granted by AGR shareholders today.

A copy of the results of the General Meeting is attached to this announcement.

The shareholder meeting for Potash Atlantico Corp. for their approval of the transaction will be held overnight on Monday 27 June 2011, and a further update will be provided at the conclusion of that meeting.