Margaux Resources Ltd.

Margaux Resources Ltd.

December 04, 2014 08:00 ET

Margaux Resources Ltd. Announces Appointment of Chief Financial Officer

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2014) - Margaux Resources Ltd. (TSX VENTURE:MRL) ("Margaux" or the "Company") is pleased to announce that Mr. Anthony Moreau has been appointed as the Chief Financial Officer of the Company. He succeeds Tyler Rice who remains as President and Chief Executive Officer. Mr. Moreau's appointment takes effect as of December 1, 2014. He will report to Chief Executive Officer, Tyler Rice.

Mr. Moreau has worked for IAMGOLD Corporation since 2011, conducting financial analysis and initiating special projects in the Continuous Improvement department. He also has operations experience, having initiated an industry wide benchmarking project in collaboration with a leading data services company in an effort to reduce costs and increase efficiencies at mine sites. He is currently awaiting approval of his CFA membership application.

Tyler Rice, President and Chief Executive Officer stated, "I'm delighted with Anthony's appointment as Chief Financial Officer. Following a thorough and extensive search it became clear that Anthony possessed the rare blend of financial, business and mining experience that will be critical in the role of Chief Financial Officer in the coming years as Margaux continues to focus on the Jersey-Emerald Property".

About Margaux Resources Ltd.: Margaux is based in Calgary, Alberta and a publicly traded resource company with oil and gas exploration and production and an option on the Jersey Emerald Tungsten-Zinc Property near Salmo, British Columbia.

Neither 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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