Saville Resources Inc. Will Not Proceed with Munn Lake Diamond Property Acquisition, Director Change
Saville Resources Inc.
Suite 1450 – 789 West Pender Street
Vancouver, B.C. V6C 1H2
Phone: 604-681-1568
Fax: 604-681-8240
SAVILLE RESOURCES INC. WILL NOT PROCEED WITH
MUNN LAKE DIAMOND PROPERTY ACQUISITION, DIRECTOR CHANGE
April 28, 2017 – Vancouver, BC : Saville Resources Inc. (TSXv: SRE) ("Saville" or the "Company") will not
be proceeding with the proposed acquisition of the Munn Lake Diamond Property as announced August
24, 2016, due to the current poor market conditions for the funding of diamond exploration projects.
Saville also announces the appointment of Charn Deol as a director of the Company. Charn Deol has over
35 years of experience in the financial markets. Mr. Deol currently serves on both private and public
company boards as a director or in a management capacity. His past and present experience includes
providing management and consulting services to companies, project analysis, investor relations,
technical market analysis and the financing of international projects. Mr. Deol has extensive experience
in international business development, having previously been a senior partner in a futures trading firm
(Evergreen Futures) with operations in Canada and Asia and negotiating mining projects internationally.
Saville also wishes to announce the resignation of Mr. Rahim Mohamed as a Director of the Company.
The Company would like to thank Mr. Mohamed for his time and service as a director.
ON BEHALF OF THE BOARD
SAVILLE RESOURCES INC.
“Steven Chen”
President and CEO
Tel: 604.681.1568
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.