DuSolo Fertilizers Inc.
TSX VENTURE : DSF

DuSolo Fertilizers Inc.

April 05, 2017 09:35 ET

DuSolo Appoints Chairman of Board

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 5, 2017) - DuSolo Fertilizers Inc., (TSX VENTURE:DSF) ("DuSolo" or "the Company") is pleased to announce the appointment of Dr. Scott Morrison as the Non-Executive Chairman of the Company. Dr. Morrison is one of the new additions to the Board, which included Mr. David Cather (plese refer to the news release dated March 9, 2017).

Dr. Morrison has a BSc (Geology) and a PhD (Metallurgical Engineering) and over 35 years' experience in the mining, extractive metallurgy, and manufacturing sectors. Much of his career has involved leadership positions with staff complements of between 50 to 5,000 people Dr Morrison served as the CEO of Metalor from 2004-2103, Chairman from 2013-2015, and a retained advisor till 2016. He is currently a board member of Asa Resources PLC and Zinc Oxide LLC. He spent 20 years with SGS SA, the world leader in inspection testing and verification, and has had country and mineral/metals sectoral leadership assignments in the USA, Canada, Peru, Bolivia and Ghana. He has in-depth experience in leading multi-cultural international organisations.

The Company is also pleased to confirm the re-appointment of existing directors Mr. Duane Lo as Audit Committee Chair and the apppintment of Dr. Peter Ruxton as Chair of the Remuneration & Nominations Committee.

Giles Baynham, CEO, noted, "On behalf of the Board and the Company I'm very pleased to announce Scott's appointment as our new Chairman and look forward to working with him and the board closely as we continue to develop our Bonfim Project and add value for our shareholders. The Board recently added Scott and David which enhances our governance process and oversight, and brings considerable expertise which will benefit the Company and its stakeholders."

The appointments are effective from today, April 5, 2017.

On behalf of DuSolo Fertilizers Inc.

Giles Baynham, Chief Executive Officer

Forward-looking statements

Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of DuSolo which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and DuSolo disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

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