Ressources Appalaches Inc.
TSX VENTURE : APP
FRANKFURT : OU3

Ressources Appalaches Inc.

December 02, 2014 16:15 ET

Ressources Appalaches: Results From the Annual Meeting of Shareholders

RIMOUSKI, QUEBEC--(Marketwired - Dec. 2, 2014) - Ressources Appalaches (TSX VENTURE:APP)(FRANKFURT:OU3) announces that all the resolutions that were presented at the annual meeting on November 24, 2014, were approved by the shareholders. These resolutions include the nomination of the directors and the auditors. Shareholders re-elected Alain Hupé, Dominique Doucet, André Proulx and Jose Oro to the Board of Directors.

Moreover, during its first board meeting, Alain Hupé was re-elected as President and Chief Executive Officer and André Proulx as chairman of the board. Alain Hupé, André Proulx and Dominique Doucet were appointed members of the audit committee. The Company also announces that Darrin Campbell, Chief Financial Officer, has resigned from the Corporation to pursue other opportunities. The Corporation would like to thank Mr. Campbell for his contribution over the past year, and wishes him the best in his future endeavors.

The mine is maintained in good condition with the objective to restart operations. The gold flotation concentrate is being prepared to be sent to the refinery. The production data is being compiled and will be posted with the results of the refinery. The Company is actively seeking additional sources of funding. The management team will be redesigned to achieve this objective and comprehensive restructuring will be implemented for the development of the mine.

About Ressources Appalaches

Since it was created in 1994, the goal of Ressources Appalaches has been to discover and develop deposits of base and precious metals in Canada with an expertise targeted towards the Appalachian geological formation in Québec and Nova Scotia. The Company is mainly focused on the exploration and development of the Dufferin Gold Mine in Nova Scotia.

Photos of the Dufferin Mine and its facilities are available on the Company's website at:
www.ressourcesappalaches.com.

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

This press release may contain certain forward-looking statements that include elements of risk and uncertainty. Consequently, actual results may differ substantially from those anticipated in such statements. These risks and uncertainties are described in the quarterly and annual reports, and in the documents submitted to the securities administration.

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