Mr. David Hodge reports

EQUITAS RESOURCES ANNOUNCES SHARE CONSOLIDATION

Equitas Resources Corp. has mailed out the information circular with respect to its special meeting of shareholders scheduled for Sept. 15, 2014. As part of that meeting, shareholders of the company will be asked to approve a special resolution approving the consolidation of the issued and outstanding common shares of the company on the basis of one new share for three old shares. The 51,037,415 common shares of the company outstanding would reduce to approximately 17,012,472 common shares once approved by shareholders and the TSX Venture Exchange.

In the event the consolidation resolution is approved, the company's outstanding options will be repriced to an exercise price per share equal to the greater of 10 cents per share and the discounted market price (as defined in the policies of the TSX-V) on the date that is 10 calendar days after the completion of the consolidation.

The details of the share consolidation are included in the information circular, and shareholders will vote at the company's coming meeting.

We seek Safe Harbor.