Caerus Resource: Shareholders Elect Management’s Nominees to the Board of Directors
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NEWS RELEASE
March 23, 2012
Symbol: TSX – V: CA
Caerus Resource: Shareholders Elect Management’s Nominees to the Board of Directors
Vancouver, British Columbia – Caerus Resource Corporation (the “Company”) (TSX-V:CA) announced today that at the Company’s Annual General Meeting held on March 22, 2012, all of Management’s nominees, being Adrian Hobkirk, Allen Ambrose, Darryl Drummond, Ken A. Sadowski and Stella Frias, were elected as directors of the Company for the ensuing year.
Shareholder approval was received for all resolutions including a resolution to appoint Smythe Ratcliffe LLP as Auditors of the Corporation and a resolution to approve the rolling stock option plan.
The Board and Management wish to thank all Shareholders for their support and involvement.
On Behalf of the Board of Directors of Caerus Resource Corporation.
Adrian F.C. Hobkirk, President and Chief Executive Officer - [email protected]
For further information, contact Adrian Hobkirk at 714-316-3272, toll free 855-894-4524 or email: [email protected] or Allan Feldman at AJF Consultants Ltd. at 604-948-9663 or email: [email protected].
Tel: 1-855-894-4524
837 Hastings Street West, Suite 408 Vancouver, BC, Canada V6C 3N6 www.resourceexploration.com Symbol: TSX-V: CA
The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements.
Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.