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.
"David Hodge"
David Hodge
Director
Tel: 604.681.1568
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 uncertaintiesinclude 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.
