GTP - (TSX-V)
P01 - (FRANKFURT)
COLTF - (OTCQX)
MONTREAL, Nov. 14, 2011 /CNW Telbec/ - Colt Resources Inc. ("Colt" or
the "Company") (TSXV: GTP) (FRA: P01) (OTCQX: COLTF) announced today
that Wenzhao "Connie" Wang has joined the Company in a strategic
advisory capacity for relationship building and marketing assistance in
the People's Republic of China.
"We are very honoured that Connie has chosen to advise and assist Colt
in its networking and relationship building efforts in China. With
Connie's addition to the team, Colt's on-going initiatives in China
will be greatly strengthened. She brings to the company outstanding
capabilities which include extensive experience and knowledge
concerning North American and Chinese business collaboration." stated
Nikolas Perrault, CEO of Colt Resources.
Ms. Wang has 20 years of extensive international experience with an
emphasis on China gained through her distinguished diplomatic and legal
careers. Prior to becoming a lawyer, Ms. Wang spent 13 years as a
diplomat in the Chinese Foreign Service in various capacities including
serving as press officer for Chinese President Jiang Zemin during his
official visits to foreign countries and as a diplomat at the Chinese
Mission to the United Nations in New York. After obtaining her law
degree in the United States of America, Ms. Wang worked at two major
international law firms in the U.S. before founding USAsia Law Group, a
California based general practice law firm with an international scope
and multicultural expertise.
About Colt Resources Inc.
Colt Resources Inc. is a Canadian junior exploration company engaged in
acquiring, exploring, and developing mineral properties with an
emphasis on gold and tungsten. It is currently focused on advanced
stage exploration projects in Portugal, where it is the second largest
lease holder of mineral concessions.
SRK Consulting (U.S.) Inc. has been awarded a broad mandate to provide
overall technical assistance to Colt in Portugal and will be producing
several NI 43‐101 compliant reports as projects progress (see press
release of January 18, 2011).
The Company's shares trade on the TSX‐V, symbol: GTP; the Frankfurt
Stock Exchange, symbol: P01; and, the OTCQX, symbol: COLTF.
FORWARD-LOOKING STATEMENTS: Certain of the information contained in this
news release may contain "forward-looking information". Forward-looking
information and statements may include, among others, statements
regarding the future plans, costs, objectives or performance of Colt
Resources Inc. (the "Company"), or the assumptions underlying any of
the foregoing. In this news release, words such as "may", "would",
"could", "will", "likely", "believe", "expect", "anticipate", "intend",
"plan", "estimate" and similar words and the negative form thereof are
used to identify forward-looking statements. Forward-looking statements
should not be read as guarantees of future performance or results, and
will not necessarily be accurate indications of whether, or the times
at or by which, such future performance will be achieved.
Forward-looking statements and information are based on information
available at the time and/or management's good-faith belief with
respect to future events and are subject to known or unknown risks,
uncertainties, assumptions and other unpredictable factors, many of
which are beyond the Company's control. These risks, uncertainties and
assumptions include, but are not limited to, those described under
"Risk Factors" in the Company's revised annual information form dated
April 20, 2011 available on SEDAR at www.sedar.com and could cause actual events or results to differ materially from
those projected in any forward-looking statements. The Company does not
intend, nor does the Company undertake any obligation, to update or
revise any forward-looking information or statements contained in this
news release to reflect subsequent information, events or circumstances
or otherwise, except if required by applicable laws.
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 release.
SOURCE COLT RESOURCES INC.
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