Colorado Resources Receives Advance Notice Nomination
March 13 2018 - 4:21PM
COLORADO RESOURCES LTD. (TSX-V:CXO) ("Colorado" or
the "Company") announces that pursuant to the Company’s Advance
Notice Policy, it has received a notice of nomination from Adam
Travis, former President and Chief Executive Officer of the
Company, who was terminated by the Company effective February 26,
2018.
Adam Travis intends to put forward five
individuals including himself for election as directors at the
upcoming Annual General Meeting of shareholders on Tuesday, April
17, 2018.
The Company will mail a Management Information
Circular for the upcoming Annual General Meeting to shareholders in
the coming weeks which will outline the Company's voting
recommendations, including the director nominees for election to
the Board.
About ColoradoColorado
Resources Ltd. is currently engaged in the business of mineral
exploration for the purpose of acquiring and advancing mineral
properties located in the “Golden Triangle” British Columbia and
holds approximately 1,200sq km of mineral claims in this prolific
metalliferous region. The Company’s main exploration projects
within British Columbia include KSP and North ROK. Additionally,
the Company holds an option to acquire a 100% interest in the
Greensprings project located in eastern Nevada.
ON BEHALF OF THE BOARD OF DIRECTORS
OFCOLORADO RESOURCES LTD.
“Lawrence Nagy”
Lawrence NagyChairman of the Board
For more information, please
contact:Lawrence NagyColorado Resources Ltd.T: (250)
768-1511F: (250) 768-0849TF (855) 768-1511W:
www.coloradoresources.comNR 18-04
Or
Media: Kingsdale Advisors Ian Robertson,
416-867-2333 Executive Vice President, Communication Strategy
irobertson@kingsdaleadvisors.com Cell: 647-621-2646 or
Shareholders: Kingsdale Advisors Toll free:
1-800-775-3159 contactus@kingsdaleadvisors.com
Cautionary Note Regarding
Forward-Looking StatementsCertain statements contained in
this news release, constitute "forward-looking information" as such
term is used in applicable Canadian securities laws.
Forward-looking information is based on plans, expectations and
estimates of management at the date the information is provided and
is subject to certain factors and assumptions, including: that the
Company's financial condition and development plans do not change
as a result of unforeseen events, that the Company obtains required
regulatory approvals, that the Company continues to maintain a good
relationship with the local project communities. Forward-looking
information is subject to a variety of risks and uncertainties and
other factors that could cause plans, estimates and actual results
to vary materially from those projected in such forward-looking
information. Factors that could cause the forward-looking
information in this news release to change or to be inaccurate
include, but are not limited to, the risk that any of the
assumptions referred to prove not to be valid or reliable, which
could result in delays, or cessation in planned work, that the
Company's financial condition and development plans change, delays
in regulatory approval, risks associated with the interpretation of
data, the geology, grade and continuity of mineral deposits, the
possibility that results will not be consistent with the Company's
expectations, as well as the other risks and uncertainties
applicable to mineral exploration and development activities and to
the Company as set forth in the Company's Management’s Discussion
and Analysis reports filed under the Company's profile at
www.sedar.com. There can be no assurance that any forward-looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, the reader should not place any undue
reliance on forward-looking information or statements. The Company
undertakes no obligation to update forward-looking information or
statements, other than as required by applicable law.
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.
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