Colt Resources Announces the Appointment of Richard Quesnel as Executive Chairman of the Board


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Colt Resources Announces the Appointment of Richard Quesnel as Executive Chairman of the Board

Canada NewsWire





































Trading Symbols:

 

GTP - (TSX-V)

 

 

P01 - (FRANKFURT)

 

 

COLTF - (OTCQX)











MONTREAL, June 26, 2013 /CNW Telbec/ - Colt Resources Inc. ("Colt" or the "Company") announces the election of Richard Quesnel to
the position of Executive Chairman of the Board of Directors following his recent appointment (Press Release dated June 21, 2013). This will allow Mr. Quesnel to expand and develop his role within the
Company. Furthermore, following Mr. Jean Depatie's decision to step
down from the position of Chairman, he has also decided to step down
from Colt's Board of Directors effective immediately, so as to spend
more time with his family.





"As mentioned in our previous release, our company is moving to the next
phase of its development. Additionally and importantly, as our efforts
to secure additional near term production assets has intensified, it is
a real honor to have the opportunity to work full time with Richard.
His experience in the development of several world class mining
operations provides Colt with greatly enhanced skill sets necessary to
successfully implement this strategy. We would also wish to sincerely
thank Mr. Depatie for his dedicated services as Chairman and director
during the last two years and we wish him well in his future endeavors"
noted Nikolas Perrault, President and CEO of Colt Resources Inc.





About Colt Resources Inc.




Colt Resources Inc. is a Canadian mining exploration and development
company engaged in acquiring, exploring, and developing mineral
properties with an emphasis on gold and tungsten. It is currently
focused on advanced stage exploration projects in Portugal, where it is
one of the largest lease holders of mineral concessions.




The Company's shares trade on the TSX?V, symbol: GTP; the Frankfurt
Stock Exchange, symbol: P01; and, the OTCQX, symbol: COLTF.










FORWARD-LOOKING STATEMENTS: Certain of the information contained in this
news release may contain "forward-looking information". Forward-looking
information and statements may include, among others, statements
regarding the future plans, costs, objectives or performance of Colt
Resources Inc. (the "Company"), or the assumptions underlying any of
the foregoing. In this news release, words such as "may", "would",
"could", "will", "likely", "believe", "expect", "anticipate", "intend",
"plan", "estimate" and similar words and the negative form thereof are
used to identify forward-looking statements. Forward-looking statements
should not be read as guarantees of future performance or results, and
will not necessarily be accurate indications of whether, or the times
at or by which, such future performance will be achieved.
Forward-looking statements and information are based on information
available at the time and/or management's good-faith belief with
respect to future events and are subject to known or unknown risks,
uncertainties, assumptions and other unpredictable factors, many of
which are beyond the Company's control. These risks, uncertainties and
assumptions include, but are not limited to, those described under
"Risk Factors" in the Company's annual information form available on
SEDAR at www.sedar.com and could cause actual events or results to differ materially from
those projected in any forward-looking statements. The Company does not
intend, nor does the Company undertake any obligation, to update or
revise any forward-looking information or statements contained in this
news release to reflect subsequent information, events or circumstances
or otherwise, except if required by applicable laws.






Neither the 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.





SOURCE COLT RESOURCES INC.











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