Deep-South Appoints Leveille as CEO, Stuart-Willams as Vice-President Exploration and Hires Paradox FOR Investor Relation
Suite 162, 2906 West Broadway, Vancouver, British Columbia, V6K 2G8
Tel: 604-340-3774. E-mail: [email protected]
Web site: http://www.deepsouthresources.com
DEEP-SOUTH APPOINTS LEVEILLE AS CEO, STUART-WILLAMS AS
VICE-PRESIDENT EXPLORATION AND
HIRES PARADOX FOR INVESTOR RELATION
Vancouver, B.C., Canada – JANUARY 23, 2017 – Deep-South Resources Inc. ("Deep-
South" or “the Company") (TSX-V: DSM) announces that it has appointed Pierre
Léveillé as CEO and Vivian Stuart-Williams as Vice-President Exploration. Tim Fernback
has resigned as CEO but will remain as Vice -President and a Director on the Deep-
South Board of Directors.
Mr. Léveillé has over 28 years of experience within the international finance industry,
including 20 years in the mining exploration industry. Mr. Léveillé has started his career
as a Stock Broker and Corporate Finance advisor with a National brokerage firm. From
the mid 1990’s to today, he has been Executive and Director of exploration companies
active in Africa. He has financed and managed exploration projects in Namibia since
1996. Mr. Léveillé is President of Q7 Capital Inc., a private company providing financial
and management advisory services to public and private companies.
Mr. Stuart-Williams is a geologist with 46 years of experience in the mining and
exploration industry, principally in the southern African region. He holds a M.Sc.
degree with a focus on the uranium industry and he has been involved in base
metals, gold, coal, and industrial mineral projects. Mr. Stuart -Williams has a
worldwide exposure, including working in Liberia, Philippines, Afghanistan, Canada,
Uzbekistan, Australia, Uganda, Mauritania and all of the Southern African countries.
He has been involved with the Haib project from the mid-1990s as exploration
Manager and subsequently as a Technical Director (geology) for Deep South Mining
who held the Mineral Rights over the Haib Project during the recent exploration by
Teck Namibia.
Mr. Tim Fernback has resigned has CEO but will remain as both Vice-President and
Director.
The Board of Directors is highly pleased with those nominations as they will bring a
wealth of experience and knowledge and will add value to the current team in place.
The Board also acknowledges the work of Mr. Fernback during the company’s
conversion and is pleased with his commitment to stay involved with the company.
Deep-South also announces that it has hired Paradox Public Relations Inc. to provide
investor relations services. Paradox will focus on the development and expansion of the
company's communications with the investment community throug h a comprehensive
investor relations program. Under the terms of the agreement, Deep-South will pay
Paradox $5,000 per month for a term of 24 months and may be cancelled by either party
by giving 30 days notice. The company will grant Paradox incentive options to acquire
350,000 common shares in the share capital of the company at a price of $ 0.25 per
share for a period of two years, vesting quarterly over 12 months.
Deep-South Resources Inc. is a Canadian company, actively involved in the acquisition,
exploration and development of major mineral properties in Namibia and Canada. Deep-
South’s growth strategy is to focus on the exploration and development of quality assets,
in significant mineralized trends, close to infrastructure, in stable countries.
This press release contains certain "forward-looking statements," as identified in the Deep-South
Resources Inc.’s periodic filings with Canadian Securities Regulators that involve a number of
risks and uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those anticipated in
such statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (a s
that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
More information is available by contacti ng Tim Fernback at 604.340.3774 or at