VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 20, 2016) - HUDSON RESOURCES INC. (the "Company") - (TSX VENTURE:HUD)(OTCQX:HUDRF) is pleased to announce the appointment of Mr. Herbert ("Herb") G.A. Wilson, B.Sc., F.I.Q. to its senior management team. Mr. Wilson, currently a director of the Company, will lead the engineering and procurement team overseeing the design and construction of the White Mountain anorthosite project as Director, Engineering Development. Herb has over 35 years of experience in the development, operation and management of major industrial minerals projects.
"This is a unique and exciting project and I am very pleased to be leading the engineering and development as we move towards production," stated Herb. "I recently returned from the project site and was very impressed with the early development progress and am confident that we can construct an efficient operation to begin servicing the long term supply agreement already executed with a major US corporation for its worldwide operations."
As well as working with Hudson, Herb currently serves as Executive Vice Chairman and a director of Polaris Materials Corporation, a TSX listed company engaged in the operation and development of quarries principally supplying construction aggregates by ocean going vessels to California and Hawaii from the northeast coast of Vancouver Island, BC. He previously served as its president since 2001. Prior to that, Herb was President of United States Lime & Minerals Inc., a NASDAQ-listed public company producing lime products and construction materials from limestone quarries located in the south-central United States. From 1992 to 1998 he was a founding director and Executive Vice-President and Chief Operating Officer of Global Stone Corporation, a Toronto-listed public company producing construction aggregates and lime products.
James Tuer, Hudson's President stated: "We are very pleased that Herb has joined the senior management team and will bring his extensive development and operational expertise in industrial minerals to the project. Herb will be an integral part of the team as we move towards production in 2017."
ON BEHALF OF THE BOARD OF DIRECTORS
James Tuer, President
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this news release, including, without limitation, statements regarding the use of proceeds from the private placement, and other future plans and objectives of the Company are forward-looking statements that involve various 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. Important factors that could cause actual results to differ materially from the Company's plans or expectations include market prices, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly 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 otherwise required by applicable securities legislation.
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