Natan Resources Ltd.: Reviewing Potential New Mineral Acquisitions
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Change in Management and Board of Directors
The Company also announced today that Adrian Smith and John Prentice have resigned as directors, effective today, to pursue other professional interests. The company wishes to thank them for their valuable contributions to the board and wish them all the best in their future endeavours. In order to fill said vacancies, the Company has appointed Michael Blady and David Hladky to the board of directors.
The Company also wishes to announce that Michael Blady has replaced Brendan Purdy as Chief Executive Officer. Mr. Purdy will continue to provide valuable M&A and legal experience to Natan Resources as a director of the Company.
Mr. Blady is the principal of Ridgeline Exploration, a grass roots exploration services company based out of Vancouver, British Columbia. He has been involved in senior management of numerous public companies since 2009 and has acted as a geological consultant and adviser to various public companies providing corporate development services. Mr. Blady’s senior management experience with resource companies gives him an appreciation of the best industry practices with respect to financial risk control and disclosure. Mr. Blady holds a Bachelor Degree (Geology) from Simon Fraser University.
Mr. David Hladky is a registered Professional Geologist with over 18 years of hands-on international exploration experience. His positions have included Sr. Geologist and Project Manager for projects in the Yukon Territory, British Columbia, Argentina, Peru, and most recently he was a Project Manager and Qualified Person on the Morelos Sur and El Barqueno Projects in Mexico, where Cyayden Resources was purchased by Agnico Eagle Mines. Mr. Hladky holds a Bachelor Degree (Geology) from the University of Alberta.
On behalf of the Board of Directors
Natan Resources Ltd.
For further information regarding this news release contact:
Natan Resources Ltd.
Brendan Purdy, Director
Tel: (416) 276-4581
This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although we believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of our management on the date the statements are made. Natan Resources Ltd.. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change, except as required by law.
Neither the 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 news release.
The TSX Venture Exchange has in no way passed upon the merits of the proposed transactions and has neither approved nor disapproved the contents of this press release.
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATED SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.