Canadian Silver Hunter Announces Resignation/Appointment of Director
Toronto – December 22, 2015 – Canadian Silver Hunter Inc. (“Canadian Silver Hunter” or the “Company”) (TSX VENTURE: AGH) announces that Shastri Ramnath has resigned as a director of the Company. Management and the board of directors would like to thank Ms. Ramnath for her contributions to the Company and wish her well in her future endeavours.
The Company is pleased to announce that Mr. Andrew Moore has been appointed as a director effective immediately. He joins us after working at Grey Island Systems International, Inc. (TSX VENTURE: GIS) where he was, at times, the CEO, President and Chief Technology Officer, as well as Co‐Founder, and a director from its formation until the sale to Webtech Wireless Inc. (TSX:WEW now GPS). He was instrumental in growing Grey Island from its startup in 1998 to its sale in 2009 with revenues of over $24 Million.
Since his time with Grey Island, Andrew has been consulting to various organizations transitioning to new technologies that are creating and harvesting Big Data from the high growth of devices collecting information on the Internet of Things. Andrew has extensive experience in technology, corporate governance, corporate financing and general business administration and will be a useful and valuable addition as a member of our board.
About Canadian Silver Hunter Inc.
Canadian Silver Hunter Inc. is a Canadian exploration company focused on the exploration of silver‐cobalt deposits on its flagship South Lorrain Project (formerly the Keeley Frontier Project). The South Lorrain Project is located within the historic South Lorrain Silver Camp, which along with the historic Cobalt and Gowganda silver camps is part of a world class silver district in the Abitibi Greenstone Belt between Temagami and Kirkland Lake, in northeastern Ontario. The South Lorrain Project is made up of four properties, centered by two prolific past producing silver‐cobalt mines, the Keeley and the Frontier. Combined historic production from the two mines totaled 19.2 million ounces of silver, and 3.3 million pounds of cobalt, with an average grade of 58 ounces of silver per tonne. The company will continue to focus its exploration efforts on the existing targets located on the Keeley‐Frontier property portion of the project. For further details about the Company's project and plans please visit the Canadian Silver Hunter Inc. website at www.canadiansilverhunter.ca.
For more information, please contact
Jeffrey Hunter President and CEO
Canadian Silver Hunter Inc.
Tel. (647) 348‐6966 [email protected] www.canadiansilverhunter.ca
CAUTIONARY STATEMENT: 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. This News Release includes certain “forward‐looking statements”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. Forward‐ looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward‐looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward‐looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward‐looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward‐looking statements. The Company does not undertake to update any forward‐ looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.