Meryllion Resources Corporation

Meryllion Resources Corporation

January 06, 2014 19:05 ET

Change of Officers

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 6, 2014) - Meryllion Resources Corporation ("Meryllion", the "Company") (TSX VENTURE:MYR) announces that its board of directors has appointed Saurabh Handa as Chief Financial Officer and Alex Bayer as Chief Legal Officer and Corporate Secretary both effective January 6, 2014. Mr. Handa replaces Eduard Epshtein while Mr. Bayer replaces Tracy Hansen. Mr. Epshtein and Ms. Hansen are resigning effective January 6, 2014, but will support in the transition of the management team.

Mr. Handa has over eight years of experience in the mining industry with prior positions including the Chief Financial Officer for Yellowhead Mining Inc., the Corporate Controller for SouthGobi Resources Inc. and a Senior Staff Accountant at Deloitte and Touche LLP working in the audit and valuation practices primarily on international mining companies. Mr. Handa is a Chartered Accountant certified by the Institute of Chartered Accountants of British Columbia and holds a Diploma in Accounting from the University of British Columbia, a Bachelor of Science from the University of British Columbia and a Diploma in Computer Systems and Technology from the British Columbia Institute of Technology.

Mr. Bayer has over eight years of experience in the mining industry as a lawyer with a top tier Canadian law firm. During his time in private practice, Mr. Bayer focused on advising publicly listed mineral resource issuers on matters relating to corporate commercial and securities law compliance. Mr. Bayer is a member of the Law Society of British Columbia, graduated with High Honors holding a Bachelor of Arts in Law from Carleton University and graduated Cum Laude with a Bachelors of Law from the University of Ottawa.

Mr. Handa and Mr. Bayer were each granted 200,000 stock options at an exercise price of $0.30 and a third vesting on the date of grant, a third vesting one year from the date of grant and the remaining third two years from the date of grant. The options were granted on December 12, 2013 and were previously disclosed in the Company's news release dated December 12, 2013.

Terry Krepiakevich, CEO of Meryllion, commented: "On behalf of the board of directors I would like to thank Mr. Epshtein and Ms. Hansen for their efforts and welcome Mr. Handa and Mr. Bayer to the Meryllion team."

About Meryllion

Meryllion is a natural resource company engaged in the acquisition and exploration of resource properties in South America.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release. 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 press release.

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