Hudson Announces Changes to the Board of Directors
Suite 420 – 1639 2nd Ave W. Tel: (604) 628-5002
Vancouver, B.C. V6J 1H3 WWW.HUDSONRESOURCESINC.COM
FOR IMMEDIATE RELEASE TSX-V: HUD
May 17, 2018 OTC: HUDRF
NR2018-03
HUDSON ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS
Vancouver, BC - HUDSON RESOURCES INC. (TSX Venture Exchange “HUD”; OTC “HUDRF”) is
pleased to announce the appointment of Mr. Robert (“Bob”) Shields to the Board of Directors. Hudson
also announces the appointment of Flemming Knudsen as the Chairman of the Board, succeeding John
Hick.
Bob Shields brings to the Company significant operational experience across a number of industries.
Bob was most recently President of Island Tug & Barge Ltd (ITB) prior to its recent sale. Over a span of
30 years, Bob grew ITB to be one of the West Coast’s largest bulk transporters which included operations
in the Canadian high Arctic. Through his family’s holding company, Coal Island Ltd., he owns operations
in commercial real-estate, forest products manufacturing, and until recently, marine transportation
services. Bob has a Bachelor of Science in Economics from the University of Victoria (1985) and
obtained his ocean going Masters Certificate in 1987.
James Tuer, Hudson’s President stated: “We are very pleased to welcome Bob to our board as we move
the Company from development to operations. Bob has a strong track record of running successful
operating businesses and has an in-depth knowledge of the marine industry which is import ant as
Hudson starts to ship its GreenSpar (anorthosite) product worldwide. In conjunction with this appointment,
we are announcing the resignation of John Hick who is retiring from the board. John has been the
Company’s longest serving independent director going back to September 2002. He has provided
invaluable assistance and mentoring to the Company over the past 16 years. On behalf of both
management and the rest of the directors, I would like to take this opportunity to thank John for his
support and guidance.”
The Company is very happy to announce that Flemming Knudsen has agreed to take on the role of
Chairman of the Board. Flemming has been on the Board since 2010 and has been instrumental in
guiding the company’s efforts in Greenland and Denmark. Flemming is a highly respected businessman
in Greenland where, from 2007 to 2011, he served as the CEO of Royal Greenland A/S, which is the
biggest company in Greenland and one of Europe’s largest seafood companies. Prior to this, he was the
CEO of Air Greenland for five years and CFO of ECCO shoes. His mining experience stems from 1974,
when he served for nine years as Finance and Accounting Manager, then VP Finance of Cominco’s Black
Angel lead/zinc/silver mine in Greenland.
ON BEHALF OF THE BOARD OF DIRECTORS
“James Tuer”
James Tuer, President
For further information:
James Tuer, President
Ph: 604-628-5002 or 604-688-3415
Forward-Looking Statements
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact
included in this news release, including, without limitation, statements regarding the future plans and objectives 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 diff er 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 market prices, 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.