VANCOUVER, Nov. 24, 2014 /CNW/ - Equitas Resources Corp. (TSXv: EQT) (FSE: T6U1) ("Equitas" or the "Company") is pleased to announce the appointment of Mr. Kyler Hardy as President and Director of the Company.
Mr. Hardy is a seasoned and successful entrepreneur who has been involved in mineral exploration and the mining industry for fourteen years. During his career he has gained experience internationally as well as across Canada. He is a founder and former CEO of UTM Exploration Services Ltd., a geosciences and logistics management business which specializes in the exploration and development of projects in remote areas. Mr. Hardy is experienced in project generation, exploration management, logistics, raising capital, corporate development and developing alliances and strategic partnerships.
Kyler Hardy, states "I am excited to be President of Equitas Resources and to be working on the Garland Nickel Project. I see nickel as a strategic metal with significant upside potential going forward due to production declines and lack of capacity coming on-stream. China is the number one consumer of nickel and with India growing rapidly, demand should only increase. In keeping with this theme, the Company's newly acquired, underexplored Garland Project provides significant exposure to the nickel exploration space in an area with proven production from the world-class nickel deposit at Voisey's Bay in Labrador, Canada."
Mr. David Hodge has resigned as President but will remain a Director of the Company. Additionally, Mr. Ryan Fletcher has stepped down as a Director of the Company. The Board of Directors would like to thank Mr. Fletcher for his service and wishes him success in his future endeavours.
On Behalf of the Board of Directors
EQUITAS RESOURCES CORP.
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.
Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future.
It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Factors that could cause actual results to differ materially may include misinterpretation of data; that we may not be able to get equipment or labour as we need it; that we may not be able to raise sufficient funds to complete our intended exploration and development; that our applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; that results which we or others have found in any particular location are not necessarily indicative of larger areas of our properties; that we may not complete environmental programs in a timely manner or at all; that market prices for tantalum & niobium may not justify commercial production costs; and that despite encouraging data there may be no commercially exploitable mineralization on our properties.
Readers should refer to the risk disclosures outlined in the Company's Management Discussion & Analysis of its audited financial statements filed with the British Columbia Securities Commission.
SOURCE: Equitas Resources Corp.
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