/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/
Trading Symbol: FTR-TSX: V
Ernest Cleave, formerly CFO of Grandview Gold and Cline Mining appointed
to Firesteel's board of directors.
VANCOUVER, July 15, 2013 /CNW/ - Firesteel Resources Inc ("Firesteel"or the "Company") (TSX-V: FTR)
today announced the appointment of Ernest Cleave to Firesteel's board of
Mr. Michael Hepworth, President & CEO stated, "Firesteel is delighted to
announce to appointment of Ernest Cleave to the Company's Board of
Directors. Ernest's appointment is a first but very important step in
our commitment to strengthening our board with experienced directors
who can also help us achieve our strategic goals more rapidly.
Ernest's financial and capital markets experience will be invaluable as
we develop Firesteel to its full potential. "
In agreeing to be added to the Firesteel's Board of Directors, Ernest
stated "Firesteel's two recently announced deals with Prosper Gold and
OZ Minerals present a rare opportunity to develop these two attractive
properties in the very tough market conditions the juniors currently
face. For Firesteel it is no longer a question of how do we survive the
downturn but how do we take advantage of our current good fortune and
grow the company for the benefit of all of our shareholders?" Ernest
concluded by saying, "I very much look forward to using my experience
and expertise in helping advance financing and strategy for Firesteel
and building value."
About Ernest Cleave: Ernest Cleave is a finance professional with extensive experience in
finance strategy, compliance, financial reporting, internal control and
strategic planning. He was recently CFO of Cline Mining Corporation and
formerly served as CFO for Grandview Gold Inc. and a number of other
listed mining companies. Mr. Cleave previously held senior finance
positions with Falconbridge Ltd. and Goldcorp Inc.
ON BEHALF OF THE BOARD OF DIRECTORS OF
FIRESTEEL RESOURCES INC.
President and CEO
"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."
Advisory Regarding Forward Looking Statements
This news release contains forward-looking statements. Users of
forward-looking statements are cautioned that actual results may vary
from forward-looking statements contained herein. Forward-looking
statements include, but are not limited to: expectations, opinions,
forecasts, projections and other similar statements concerning
anticipated future events, conditions or results that are not
historical facts. In certain cases, forward-looking statements can be
identified by the use of words such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or statements that
certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". While the Company has based
these forward-looking statements on its expectations about future
events as at the date those statements were prepared, the statements
are not a guarantee of the Company's future performance. Firesteel's
potential deposits and mineralization and promising potential on its
ROK Coyote property and its launch of the Transaction as disclosed in
this news release (together, the "Significant Matters") and all outcomes are subject to risks, uncertainties, assumptions and
other factors which could cause actual results, performance or
achievements to differ materially from future results, performance or
achievements expressed or implied by such forward-looking statements.
Although the Company believes that the expectations reflected for the
Significant Matters in such forward-looking statements are reasonable,
it cannot give any assurance that such expectations will prove to be
The Company's forward-looking statements are expressly qualified in
their entirety by this cautionary statement and are made as of the date
of this new release. Unless otherwise required by applicable
securities laws, the Company does not intend nor does it undertake any
obligation to update or review any forward-looking statements for the
Significant Matters to reflect subsequent information, events, results
or circumstances or otherwise.
SOURCE: Firesteel Resources Inc.
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For additional information, please contact us at 1-226-400-1927