VANCOUVER, BRITISH COLUMIBA -- (Marketwire) -- 12/11/12 -- Currie Rose Resources Inc. (TSX VENTURE: CUI)(OTCBB: CUIRF)(FRANKFURT: CDVN) -
The Company is pleased to announce changes to the Board of Directors. Michael Griffiths will assume the role of President and Harold Smith will remain Chief Executive Officer.
Dwane Brosseau will be appointed as a Director. Dwane has been involved in Investor Relations and capital markets for the past 20 years along with holding director seats with various public companies. Dwane resides in Vancouver, Canada.
Shiv Madan will also be appointed as a Director. Shiv is the managing Director of Mozambi Coal and a partner in Varuna Capital LLC, a private trading company focussed on the commodities sector. Shiv resides in New York City.
Peter Munachen will be resigning from the Board of Directors. The Board wishes to thank Peter for his service and guidance over the last 7 years.
STATUS OF THE SOUTH AFRICAN ISIBAYA ACQUISITION
The 43-101 has been negotiated for the Uitvalgrond Project in the East Limb of the Bushveld Complex and the contract will be signed with The MSA Group from Johannesburg. The report will be completed within 30 days.
The Company has received the draft financial statements and is under review.
The Company is continuing its due diligence including status of title.
BY ORDER OF THE BOARD OF DIRECTORS OF CURRIE ROSE RESOURCES INC.
Harold Smith, President
"This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements relating to the potential mineralization and geological merits of the and properties and other future plans, objectives or expectations of the Company are forward-looking statements that involve various 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 the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation."
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.
Currie Rose Resources Inc.
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