VANCOUVER, Feb. 7,
2014 /CNW/ - Equitas Resources Corp. (TSX-V: EQT;
FSE: T6U1) (the "Company" or "Equitas") today announces that it
has appointed Mr. David Hodge as
President and CEO and Ms. Jody
Bellefleur as CFO.
Mr. David Hodge has been
President of Zimtu Capital Corp. (TSXv: ZC; FSE: ZCT1) since July,
2008 and has extensive experience in the management and financing
of publicly traded resource companies. Mr. Hodge's success has been
founded on a belief in team building, consultation and strong
leadership, as well as a willingness to incorporate expert advice
into a viable working enterprise. Mr. Hodge also serves on the
Board of Directors of Western Potash Corp. (TSX: WPX), Commerce
Resources Corp. (TSXv: CCE), Lakeland Resources Inc. (TSXv: LK) and
Pasinex Resources Ltd. (CSE: PSE).
Ms. Jody Bellefleur has been
Chief Financial Officer of Zimtu Capital Corp. since June, 2013 and
has been with the group since 2008. She will be responsible for all
regulatory financial reporting including preparation of quarterly
financial statements and management discussion and analysis. Ms.
Bellefleur is a CGA with over 15 years' experience as a corporate
accountant. She was an accountant with a private manufacturing
company for 12 years and more recently, has worked independently as
an accountant for various publicly listed mineral exploration
companies. She has been a Member of the Certified General
Accountants Association of British
Columbia since 1998. Ms. Bellefleur is a graduate of the
University of British Columbia with a
Bachelor of Commerce degree.
To make room for the appointments, Mr. Jay Roberge has resigned as President, CEO and
CFO. He will remain with the Company on the Board of Directors.
Zimtu Capital Corp. is a significant shareholder of the Company
and currently owns 8,403,000 common shares or 16.46% of the current
issued and outstanding. Zimtu is a public investment issuer that
invests in, creates and grows natural resource companies. Zimtu has
funded or helped launch several resource companies and the
company's consistent, long-term results has earned loyalty among
its shareholders and the support of its partners and peers.
About Equitas Resources Corp.
Equitas Resources Corp. is a mineral exploration company that
specializes in acquiring, exploring and advancing mineral
properties. Equitas has a portfolio of base metal and precious
metal projects in British Columbia
and the Northwest Territories. For
more information on the property portfolio and Equitas, please
visit www.equitasresources.com or contact:
EQUITAS RESOURCES CORP.
On behalf of the Board
"Jay Roberge"
Director
Information set forth in this news release may involve
forward-looking statements under applicable securities laws.
Forward-looking statements are statements that relate to future,
not past, events. In this context, forward-looking statements often
address expected future business and financial performance, and
often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or
event "may", "might", "could", "should", or "will" be taken or
occur, or other similar expressions. By their nature,
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements, or other future events, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include, among others, the following
risks: the need for additional financing; operational risks
associated with mineral exploration; fluctuations in commodity
prices; title matters; environmental liability claims and
insurance; reliance on key personnel; the potential for conflicts
of interest among certain officers, directors or promoters with
certain other projects; the absence of dividends; competition;
dilution; the volatility of our common share price and volume and
the additional risks identified in the management discussion and
analysis section of our interim and most recent annual financial
statement or other reports and filings with the TSX Venture
Exchange and applicable Canadian securities regulations.
Forward-looking statements are made based on management's beliefs,
estimates and opinions on the date that statements are made and
Equitas undertakes no obligation to update forward-looking
statements if these beliefs, estimates and opinions or other
circumstances should change, except as required by applicable
securities laws. Investors are cautioned against attributing undue
certainty to forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) has reviewed or accepts responsibility for the
adequacy or accuracy of this release.
SOURCE Equitas Resources Corp.