TORONTO, ONTARIO--(Marketwired - Nov. 28, 2014) -
NOT FOR DISSEMINATION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Reliant Gold Corp. ("Reliant" or the "Corporation") (TSX VENTURE:REC) filed on SEDAR today its condensed interim financial statements as at and for the three months ended September 30, 2014 and the related Management's Discussion and Analysis. Copies of these documents are available at www.sedar.com.
Reliant also announces that Mr. Andrew Harasimowicz has retired as a director of the Corporation to pursue other interests. Reliant thanks Mr. Harasimowicz for his valuable contributions as a member of the Corporation's Board of Directors.
In addition, effective November 30, 2014, Mr. Kabir Ahmed has decided to retire as a director, President and Corporate Counsel of the Corporation to pursue other interests. During the past five years, Mr. Ahmed has been instrumental in guiding Reliant adeptly through a historical financial crisis and poor conditions generally impacting the mineral exploration and mining sector.
"I have been privileged to work with a very capable Board and management team led by Mr. Errol Farr, the Corporation's Chairman and Chief Executive Officer," said Mr. Ahmed, who is also Reliant's founder. "I wish Mr. Farr every success as Reliant continues to seek and identify value-increasing opportunities for its shareholders."
Reliant is a junior mineral exploration company with an experienced management team engaged in the acquisition, exploration and development of properties for the mining of precious and base metals. Reliant holds a 49% joint-venture interest in the Borden Lake South Property, comprised of 20 mining claims representing 294 claim units covering approximately 4,704 hectares, and located 10 kilometres east of the Town of Chapleau, Ontario.
The common shares of Reliant trade on the TSX Venture Exchange under the stock symbol "REC".
Certain statements in this press release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of Reliant or the industry in which it operates to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this press release, the words "estimate", "believe", "anticipate", "intend", "expect", "plan", "may", "should", "will", the negative thereof or other variations thereon or comparable terminology are intended to identify forward-looking statements. Such statements reflect the current expectations of the management of Reliant with respect to future events based on currently available information and are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from those expressed or implied by those forward-looking statements. These risks and uncertainties are detailed from time to time, including, without limitation, under the heading "Risk Factors", in Reliant's prospectus and in other continuous disclosure documents that are filed by Reliant from time to time with the Ontario, Alberta or British Columbia Securities Commissions which are available at www.sedar.com and to which readers of this press release are referred for additional information concerning Reliant, its prospects and the risks and uncertainties relating to Reliant and its prospects. New risk factors may arise from time to time and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of Reliant to be materially different from those contained in forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Reliant cannot assure investors that actual results will be consistent with these forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.
The forward-looking information contained in this press release is current only as of the date hereof. Reliant does not undertake or assume any obligation, except as required by law, to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
No securities commission or regulatory authority has approved or disapproved the contents of this press release.
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.