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Cerro de Pasco Appoints David Shaw, Ph.D to Board of Directors

Management Changes

Cerro de Pasco Appoints David Shaw, Ph.D to

Board of Directors

MONTRÉAL,

Nov. 8, 2018

/CNW/ - The Board of Directors of Cerro de Pasco Resources Inc.

(CSE:CDPR) ("

Cerro

") is very pleased to announce that it has appointed

David Shaw

, Ph.D, a highly

accomplished independent geological consultant, to the Company's Board of Directors.

Dr.

David Shaw

has in excess of three decades of experience in the resource and finance industries

with specific emphasis on technical and financial due diligence of resource projects. He attained a

Bachelor of Science degree in Geology from the University of

Sheffield, England

in 1973 and his

Ph.D in Structural Geology from

Carleton University

, in

Ottawa

, in 1980.

Dr. Shaw spent seven years with Chevron Resources in

Calgary, AB

, and

Vancouver, BC

, employed

initially as an in-house structural consultant on both metal and hydrocarbon exploration programs.

Upon leaving Chevron he initiated and developed the Resource Research Group at Charlton

Securities Ltd.,

Calgary

, before assuming the position of Senior Mining Analyst, Corporate Finance,

at Yorkton Securities Inc. in

Vancouver

.

Throughout Dr. Shaw's career, he has built strong relationships with European financial institutions

and the global mining community. He is currently director and interim CEO of First Mining Gold Corp.

and director of First Majestic Silver Corp., Great Quest Fertilizer and Medallion Resources Limited.

"

We are most pleased to welcome

David Shaw

to the Board as he brings a wealth of experience

and unparalleled knowledge to our team. Cerro de Pasco,

Peru

, is the location of a historic world

class deposit

which to this day we believe has neither been completely explored nor developed in

order to realize its full potential, consequently our initial focus will be on additional exploration and

the continued development of the El Metalurgista mining concession

" said

Guy Goulet

, President

and CEO.

About Cerro de Pasco Resources

Cerro de Pasco Resources is a resource management company, conceived and driven by a group

of highly motivated individuals attuned to the most demanding environmental, social and legal

compliance required by global institutions today. At the center of the Company resides an

unparalleled knowledge of Cerro de Pasco's challenges and potential, based on first-hand

experience and a team of top experts. The Company's focus will be on developing the El

Metalurgista mining concession, application of the latest science in geo-resource and industrial

development, reducing dependence on conventional "dirty" mining of commodity metals and

promoting the productive utilization of all material resources (both primary and secondary) available

at Cerro de Pasco in order to secure long-term economic sustainability in harmony with a healthy

and prosperous local population.

The Exchange has in no way passed upon the merits of the

transactions

and has neither approved

nor disapproved the contents of this news release. Neither the Exchange nor its Regulation

Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Statements and Disclaimer

Certain information contained herein may constitute "forward-looking information" under Canadian

securities legislation. Generally, forward-looking information can be identified by the use of forward-

looking terminology such as, "will be", "expected" or variations of such words and phrases or

statements that certain actions, events or results "will" occur. Forward-looking statements regarding

the listing and trading of the Corporation's common shares on the CSE and the availability of a listing

statement on the CSE's website and on SEDAR are based on the Company's estimates and are

subject to known and unknown risks, uncertainties and other factors that may cause the actual

results, level of activity, performance or achievements of the Corporation to be materially different

from those expressed or implied by such forward-looking statements or forward-looking information.

There can be no assurance that such statements will prove to be accurate, as actual results and

future events could differ materially from those anticipated in such statements. Accordingly, readers

should not place undue reliance on forward-looking statements and forward-looking information. The

Corporation will not update any forward-looking statements or forward-looking information that are

incorporated by reference herein, except as required by applicable securities laws.

SOURCE

Cerro de Pasco Resources Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/November2018/08/c8470.html

%SEDAR: 00020073E

For further information:

Guy Goulet, President and CEO, Tel.: 579 476-7000, Email:

[email protected]

CO: Cerro de Pasco Resources Inc.

CNW 10:11e 08-NOV-18