Rosita Mining Announces Board Changes
Toronto, Ontario / TheNewswire / April 1, 2016 - Rosita Mining Corp. (RST: TSX-V) ("Rosita" or the "Company") announces Management Changes
The Company announces the resignation of Rene Bharti from the board of directors, effective as of Friday, March 25th, 2016. Rene has held several key roles in both public and private companies, including those in the resource, technology and entertainment industry. As part of his ongoing duties with his media company, Rene has been obliged to resign from Rosita. John Cook wishes to thank Rene for his services to the Company, with best wishes for his future endeavours.
About Rosita Mining Corporation
Rosita is a junior mining and exploration resource company focused on growing shareholder value through the development of near-term mining opportunities and advancing accretive exploration opportunities.
Rosita's current high priority copper-gold-silver supergene/skarn/porphyry target is the Rosita project in Nicaragua located 275 kilometres northeast of Managua.
For additional information, please visit our website which is under construction at www.rositaminingcorp.com.
For further information, contact:
Nick Tintor, Chairman John Cook, Interim President & CEO
Telephone: 416 987 0855 Telephone: 416 200 8073
Email: ntintor@rgmi.ca Email:johncook@kos.net
This news release includes certain forward-looking statements or information under applicable Canadian, U.S. and other securities laws. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the future plans, objectives or expectations of Rosita are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the plans of Rosita or expectations include risks relating to the fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by Rosita with securities regulators. Rosita expressly 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 otherwise required by applicable securities legislation. Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange, nor the OTCQX accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note to U.S. Investors Regarding Mineral Reporting.
Rosita prepares its disclosure in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of United States securities laws. Terms relating to mineral resources in this press are defined in accordance with Canadian National Instrument 43-101 -- Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") -- CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended, which standards differ significantly from the discourse permitted by the United States Securities and Exchange Commission requirements and terminology set forth in SEC Industry Guide 7. Accordingly, information contained in this press release and the public filings of Rosita containing descriptions of mineral deposits may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations thereunder.
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