CanWel Announces Meeting Results for Election of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 6, 2015) -

NOT FOR RELEASE OR DISSEMINATION INTO THE UNITED STATES

CanWel Building Materials Group Ltd. ("CanWel" or the "Company") (TSX:CWX) announced that all matters put forward for consideration at its 2015 Annual General Meeting of Shareholders (the Meeting") received requisite shareholder approval. Results of the voting for the director elections at the Meeting are described below, and additional information regarding the full results of all matters voted on at the Meeting may be found in the Company's filing on SEDAR.

Board of Directors

All nominees listed in the management proxy circular for the Meeting (the "Meeting circular") were elected as directors of CanWel. The ten director nominees proposed by management were elected by a show of hands. Detailed results of the votes received by proxy for the election of directors held at the Meeting are set out below:

Nominee	Votes For	% For	Votes Withheld	% Withheld
Amar S. Doman	15,944,425	98.52%	238,903	1.48%
Stephen W. Marshall	15,949,725	98.56%	233,603	1.44%
Marc Séguin	15,948,725	98.55%	234,603	1.45%
Ian M. Baskerville	16,036,172	99.09%	147,156	0.91%
Tom Donaldson	15,945,753	98.53%	237,575	1.47%
Kelvin Dushnisky	16,172,678	99.93%	10,650	0.07%
Sam Fleiser	16,172,196	99.93%	11,132	0.07%
Jacob Kotzubei	15,792,844	97.59%	390,484	2.41%
Martin R. Melone	16,177,678	99.97%	5,650	0.03%
Siegfried J. Thoma	16,172,096	99.93%	11,232	0.07%
The sum of individual percentages may not equal 100% due to rounding.

About CanWel Building Materials

CanWel Building Materials trades on the Toronto Stock Exchange under the symbol CWX and is one of Canada's largest national distributors in the building materials and related products sector, operating distribution centres coast to coast in all major cities and strategic locations across Canada. CanWel distributes a wide range of building materials, lumber and renovation products. Further information can be found in the disclosure documents filed by CanWel with the securities regulatory authorities, available at www.sedar.com.

Note on Forward-Looking Information

This press release may include certain "forward-looking information" within the meaning of that phrase under Canadian securities laws, including statements relating to the future intentions of CanWel. Such statements may use words including but not limited to "expects" and "conditional" which are intended to identify these forward-looking statements. Forward-looking information is provided for the purpose of providing information about management's current expectations, views and plans with respect to possible future events and conditions and, by its nature, is based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties. Such risks and uncertainties are both general and specific to the Company, including those relating to changes in business, performance and markets, domestic and international. Actual results, future performance and corporate developments may differ materially from information contained in the forward-looking information as a result of a number of those factors. CanWel undertakes no obligation to publicly update or revise any forward-looking information contained in this press release, except as required by applicable laws.