TORONTO, ONTARIO--(Marketwire - July 27, 2012) - Prime City One Capital Corp. (TSX VENTURE:PMO.H) (the "Corporation" or "Prime City") announces that its annual and special meeting of shareholders was held on July 27, 2012 and that all resolutions presented for consideration were approved by the shareholders, including the re-election of the following individuals as directors of the Corporation: Raymond J. Stapell, John Lorenzo, Hassan Dahlawi, Alex Gress and Anton Ayoub.