Vantex Resources Ltd.

Vantex Resources Ltd.

January 29, 2016 17:07 ET

Ryan Venier Joins Vantex Board of Directors and Simran Gill as New CFO

LA PRAIRIE, QUEBEC--(Marketwired - Jan. 29, 2016) - The management of Vantex Resources Ltd. ("Vantex") (TSX VENTURE:VAX)(FRANKFURT:UD7A)(ALP:VAX) announces the resignation of Robert Bouvier and Charles Beaudry as directors of Vantex.

In replacement, management appointed Ryan Venier as director. Mr. Ryan Venier is a Vancouver based entrepreneur. He has extensive experience providing financial advisory services to a wide range of growth companies in the resource, technology, and real estate industries. He has been involved in numerous successful transactions involving emerging private and public companies where he has facilitated in excess of $100M in equity, and debt offerings.

Simran Gill was also appointed as Vantex new CFO. Mr. Gill is a CFA and a partner with BridgeMark Financial Corp. His previous experience includes over five years acting as a senior consultant with a leading management consulting firm. His focus has been on financial management, and the development of financial models and processes to assist his client in strategic planning. He has worked with clients across North America, Europe, and the Caribbean in wide-ranging sectors, including industrials, telecommunication, financial services, and health care.

Mr. Gill holds a Bachelor of Business Administration Honours degree from Simon Fraser University, as well as a Chartered Financial Analyst (CFA) designation. He is currently a member in good standing at the Vancouver Society of Financial Analysts, and the Bermuda Society of Financial Analysts.

An additional appointment should be announced in the coming days in order to fill the vacant director position.

Management wants to sincerely thank Robert Bouvier and Charles Beaudry for their contribution to the development of Vantex for many years. They provided Vantex with very useful advice and we wish them the best.

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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    Gilles Laverdiere