Vela Minerals Announces Management Change
Calgary, Alberta (FSCwire) - Vela Minerals Ltd. “TSXV:VLA” (“Vela” or the “Company”), a BC junior mining corporation announces the resignation of Mr. Derrick Strickland as a director and officer of the Company. The board of directors thanks Mr. Strickland for his lengthy service to the Company.
The Company welcomes the appointment of Mr. Richard Grayston as the new President and director of the Company. Mr. Grayston is a business consultant with more than 30 years of experience in financial and economic consulting and public company management. Mr. Grayston has experience with reviewing financial statements and related management discussion and analysis, and discussing financial issues with management, accountants and auditors, and as a result, he possesses the understanding of accounting principles and the ability to analyze and evaluate the financial statements of the Company. Mr. Grayston received a Ph.D. in Finance and Economics from the University of Chicago in 1971, an M.B.A. from the University of Chicago in 1969, a B.A. of Commerce from the University of British Columbia in 1966 and became a Certified General Accountant in 1977.
About Vela
Vela is a junior mining company with exploration interests in the Rossland area of British Columbia, Canada.
For further information, please contact:
Vela Minerals Ltd.
Charles Chebry – President and CEO
Telephone: (403) 680-8511
E-mail: charleschebry@outlook.com
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.
Forward Looking Statements
This news release contains forward-looking statements relating to the timing and completion of the Proposed Transaction, the future operations of Vela and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, the future plans and objectives of Vela, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Vela's expectations are risks detailed from time to time in the filings made by Vela with securities regulations.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Vela. As a result, Vela cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Vela will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Vela01152018.pdf
Source: Vela Minerals Ltd. (TSX Venture:VLA)
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