CALGARY, Alberta, March 14, 2018 (GLOBE NEWSWIRE) -- Manson Creek Resources Ltd. (TSX.V:MCK) (“Manson” or the “Corporation”) is pleased to report that at its Annual & Special Meeting, held on March 14, 2018, Jean-Pierre Jutras, Shane Ebert, Cornell McDowell were re-elected to the Board of Directors. Dr. Peter K. M. Megaw, currently serving as a Technical Advisor to Manson was also elected to the Board of Directors.
Mr. JP Jutras, P.Geol. and President of the Company reports: “This milestone meeting solidifies our commitment in moving forward on the Jade path. With a solid year of progress since our change of focus in February of 2017, we now have a greatly enhanced Board and advisory group, a strong, drill ready lead project at DJ, and are moving forward on research and due diligence on a number of further opportunities to increase our presence in the Jade world. Our re-branding, and soon to be launched new website and information portal are being designed to increase both access to information and context to our Jade endeavor, as well as raise visibility and awareness to the Company’s efforts and successes. We look forward to a productive 2018 and beyond, and as always, thank our shareholders for their continued support.”
The Board of directors has collectively ratified the appointment (or reappointment) of Mr. Jutras as President of the Corporation, Ms. Barbara O’Neill as Corporate Secretary, and welcomes Ms. Shari Difley, CPA, CA, B.Comm. as our newly appointed Chief Financial Officer of the Corporation.
On Ms. Difley’s joining the team, Mr. Jutras, commented: “Having known Shari for over 20 years, and having worked with her with the Tyler Resources Team, I am very glad to welcome her professionalism, dedication and enthusiasm for our current direction and look forward to her advice and expertise in supporting the Company going ahead. We now have the best Board, Advisory and Executive I could wish for to fully move forward in the coming months.”
Shareholders also approved fixing the number of directors at four, the appointment of BDO Canada LLP as Auditors, ratified the Corporation’s stock option plan and approved a name change from Manson Creek Resources Ltd. to “Jade Leader Corp”. The name change will become effective upon the completion of certain filings and subsequent regulatory approval.
Manson has also granted, under its Stock Option Plan, options to certain Directors and Officers to purchase up to 280,000 common shares for a period of three years commencing on March 14, 2018 at an exercise price of $0.34 per share.
On Behalf of the Board of Directors,
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as “expects”, “projects”, “plans”, “anticipates” and similar expressions, are forward-looking information that represents management of Manson Creek’s internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Manson Creek. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Manson Creek’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Manson Creek’s filings with the Canadian securities authorities. Accordingly, holders of Manson Creek shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Manson Creek disclaims any responsibility to update these forward-looking statements
For Further Information Contact:
Jean Pierre Jutras at 1.403.233.0464
Source: Manson Creek Resources Ltd.