Artha Resources Corporation

Artha Resources Corporation

April 18, 2012 09:00 ET

Artha Resources Corporation: Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 18, 2012) - Artha Resources Corporation (TSX VENTURE:AHC) reports that Kamal Nagra has resigned as Chief Financial Officer and director of Artha. The Company wishes Ms. Nagra the best in her future endeavors and thanks her for services.

The Company further announces that George Lim, a director of the Company, has agreed to act as "Interim CFO". George is a Chartered Accountant with over 35 years of experience in accounting, financial, taxation and audit of companies in mining and other industry. Mr. Lim is currently the Chief Financial Officer of Dundarave Resources Inc., and is on the board of directors of Eurasian Mineral Inc. Until its recent takeover, in a transaction valued at in excess of $430 million, Mr. Lim held the position of Chief Financial Officer of Potash One Inc. Mr. Lim was also the Chief Financial Officer of Energy Metals Corporation prior to its take-over in a transaction valued at $1.5 billion. Mr. Lim has been involved in numerous financings, mergers and acquisitions of public companies listed on the TSX and NYSE.

Artha was founded by a team of mining industry professionals with a proven track record in project generation, exploration, mining and finance. Artha is one of the largest mineral explorers in Northern Argentina with over 2,100 square kilometers of properties prospective for silver, gold, base metals and rare earths.

On Behalf of the Board of Directors,

Todd McMurray, President

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.

Contact Information