Far Resources Appoints Toby Mayo as Interim CEO

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Far Resources Appoints Toby Mayo as Interim CEO



Vancouver, British Columbia (FSCwire) - Far Resources Ltd (CSE:FAT) (FSE:F0R) (OTC:FRRSF) (www.farresources.com) (“Far Resources” or the “Company”) announces that due to ill health, Mr. Keith Anderson has submitted his resignation as a Director, President and CEO of the Company effective immediately.  Mr. Toby Mayo, a Director of the Company, has accepted the position of Interim CEO.

 

Lindsay Bottomer, Lead Director of the Board, commented, “We were all very saddened to learn of Keith’s ill health.  He has worked tirelessly to build Far Resources into the company it is today.  We have every confidence that Toby will be able to fill this interim role and continue the Company’s successful land acquisition and exploration strategy.  We want to assure all our stakeholders that it is business as usual and that Toby has the full support of our Board, management team and administrative personnel.  Keith wants the work to continue.  Our thoughts and prayers are with Keith and his family at this time as they focus on his health.”

 

About the Company

 

Far Resources Ltd. is an exploration company, publicly traded on the Canadian Securities Exchange under the symbol FAT, focused on the identification and development of high potential mineral opportunities in stable jurisdictions.  Far Resources may acquire or option properties of merit to meet its ongoing goal to locate, advance and unlock the potential of these mineral opportunities.  Far Resources currently has two mineral projects in place.  The Zoro Lithium project covers a number of known lithium pegmatite occurrences and is located near Snow Lake, MB.  Manitoba has been ranked as the world’s second best jurisdiction for mining investment by the Fraser Institute. The second project is the Winston project in New Mexico, USA, another historic mining property with potential for silver and gold; New Mexico is also listed by the Fraser Institute, ranking in the top 25 mining jurisdictions in the world.  Please visit our website at www.farresources.com for full details on our current projects. Far Resources has optioned its wholly owned Tchentlo Lake Property in British Columbia, Canada to Alchemist Mining Inc.

 

###

 

ON BEHALF OF THE BOARD OF DIRECTORS OF

FAR RESOURCES LTD.

Lindsay Bottomer, P.Geo

 

FOR FURTHER INFORMATION, PLEASE CONTACT US AT

CorpCom@FarResources.com

 

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

 

This news release contains forward-looking statements, which relate to future events or future performance (including our planned exploration for the Winston Project and the Zoro Lithium Property) and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected.  All of the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.



To view the associated document to this release, please click on the following link:
public://news_release_pdf/FarResources02272018.pdf



Source: Far Resources Ltd. (CSE:FAT, FWB:F0R, OTC Pink:FRRSF)

To follow Far Resources Ltd. on your favorite social media platform or financial websites, please click on the icons below.


 

Maximum News Dissemination by FSCwire. https://www.fscwire.com

 
 

Copyright © 2018 FSCwire





Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).