Toronto, Ontario – November 20, 2015 – Orefinders Resources Inc. (“Orefinders” or the “Company”) (TSX.V: ORX) is pleased to announce that William (Bill) Stone, Ph. D., P. Geo. has agreed to join the Board of Directors effective immediately. Mr. Stone has over thirty years of geological and management experience in all aspects of mineral exploration through project development to mining of precious and base metal deposits in North America, Australia, Europe and Africa. During his career Bill has been a senior lecturer in geology at the University of Western Australia and a research scientist and senior executive with a number of mineral exploration and development companies. He holds a Ph.D. and M.Sc. in Geology from the University of Western Ontario and is P.Geo. in Ontario and New Brunswick.
“Orefinders is fortunate to have Mr. Stone join its Board of Directors. As well as his tremendous depth of geologic expertise, Bill brings to the Board an in depth knowledge of the regional geology of Orefinders’ flagship, the Mirado gold project, having written his Master’s thesis on the Boston Creek area,” said Stephen Stewart, CEO of Orefinders.
Orefinders would also like to announce that accordance with the Company’s Stock Option Plan, a total of 2.6 million incentive options have been granted to directors and officers at an option exercise price of $0.05 per share, exercisable for a five year period from the date of issue.
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.
Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Orefinders’ assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Orefinders. Additional information identifying risks and uncertainties is contained in filings by Orefinders with Canadian securities regulators, which filings are available under Orefinders’ profile at www.sedar.com.
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Stephen Stewart, Chief Executive Officer
Alexander Stewart, Executive Chairman