Crazy Horse Resources Inc.

Crazy Horse Resources Inc.

October 03, 2011 13:27 ET

Crazy Horse Resources Inc. Announces Management Change

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 3, 2011) - Crazy Horse Resources Inc. (TSX VENTURE:CZH)(OTCQX:CRZHF) ("Crazy Horse" or the "Company") announces the resignation of Mr. Johan Raadsma, as its President, CEO and Secretary and as a director, for personal reasons. The Company has appointed Mr. Mitchell ("Mitch") Alland, currently a director, as its President, CEO and Secretary effective immediately.

Mitch Alland is currently CEO and Executive Chairman of Copper Development Corporation, a company listed on London-AIM, which holds 11.8% of the Company's common shares and has two copper mining projects in the Philippines. Mr. Alland had a distinguished 23-year career at the World Bank and the International Finance Corporation, its affiliate responsible for private sector project financing in developing countries. He has extensive experience with mining projects world-wide, including South America, Africa and Central Asia, and has been involved in a number of major copper projects, including Escondida, Tenke-Fungurume and Zambia Consolidated Copper Mines. Mr. Alland holds an M.B.A. from Harvard Business School and a B.A. from Harvard College.

The Company would like to take this opportunity to thank Mr. Raadsma for his work with the Company and wishes him the best for the future.


Robert Pease, Chairman of the Board

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.

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