Millrock Announces Management and Board Changes
30 April 2014 - 2:54AM
Marketwired Canada
Millrock Resources Inc. (TSX VENTURE:MRO) ("Millrock" or the "Company")
announces today a reduction in the size of its board of directors and a change
in title to one of its senior officers.
Sarah L. Whicker has been appointed to the newly-created position of Executive
Vice President in place of her previous position as Chief Operating Officer. As
a key member of the management team Ms. Whicker will continue to be responsible
for matters relating to stakeholder and government relations, as well as
corporate management, administration and governance of the Company's
subsidiaries. Ms. Whicker has volunteered to work on an as-needed basis for a
period of at least the next six months and the Company thanks her for this
flexibility.
Millrock Director David Volkert has resigned as a director of Millrock effective
immediately.
Millrock Director Charles Hawley has indicated to the Company that he will not
seek re-election at the upcoming Annual General Meeting (AGM) of shareholders.
Mr. Hawley has tendered his resignation with an effective date of June 9, 2014
immediately preceding the AGM.
The Company is grateful for the direction and guidance that has been provided by
Mr. Volkert and Mr. Hawley and wishes them well in the future. Rather than
appoint new directors at this time, it is the intention of the Company to fix
the number of directors at five at the AGM.
About Millrock Resources Inc.
Millrock Resources Inc. is a premier project generator to the mining industry.
In the search for world-class metallic mineral deposits in mineral-rich Alaska
and southwest USA, Millrock identifies, packages and operates large-scale
projects for joint venture, thereby exposing its shareholders to the benefits of
mineral discovery without the usual financial risk taken on by most exploration
companies. Millrock currently has nine active exploration projects, seven
gold-copper properties in Alaska, a porphyry copper prospect in Arizona and a
uranium project in New Mexico. Funding for Millrock's exploration projects
primarily comes from its joint venture partners. Business partners of Millrock
include some of the leading names in the mining industry: First Quantum, Teck
and Altius.
ON BEHALF OF THE BOARD
Gregory Beischer, President & CEO
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Millrock Resources Inc.
Gregory A. Beischer
(604) 638-3164 or (877) 217-8978 toll free
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