Mick Shmazian Joins Brades Resource as Advisor, Sets Options
05.03.2015 | Accesswire
VANCOUVER, March 5, 2015 - Brades Resource Corp. ("Brades" or "the Company") is pleased to announce the appointment of Mr. Michael (Mick) Shmazian as strategic advisor to the Company. Mr. Shmazian has over 25 years in the mineral exploration industry and is the Founder and Chairman of Exchange Minerals Limited, a private, Dubai based, equity investment company established in 2005. Through a strong global network of consultants and companies, Exchange Minerals has been involved in the successful acquisition, exploration and development of a number of mineral and oil and gas projects in Australia, Europe and Africa.The Company also announces that it has granted 2.7 million stock options to directors, officers and consultants of the Company at a value of $0.08 that will expire on March 5, 2017.
About Brades Resource Corp.
Brades Resource Corp is a Canadian-based resource company focused on uranium in Saskatchewan's Athabasca Basin - the world's largest source of high-grade uranium and gold in British Columbia. The company has a joint venture with Fission 3.0 Corp. to explore Fission's Clearwater West property at which Fission's award-winning technical team will be the Operator. Brades also has a large, strategically located property at Lorne Lake and three newly acquired uranium properties in the Athabasca Basin along with a gold/copper project in British Columbia.
On behalf of the Board,
Brian Biles
Director
For information contact:
Brades Resource Corp.
Brian Biles, Director
TEL: 604 687 7742
brian@bradesresource.com
www.bradesresource.com
Neither 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.
This news release includes certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund the option earn-in on the Clearwater West property and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company's filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.