Signature Resources Ltd.
TSX VENTURE : SGU

December 07, 2015 07:30 ET

Signature Resources Ltd. Announces Establishment and Appointments to Advisory Board

TORONTO, ONTARIO--(Marketwired - Dec. 7, 2015) -

NOT FOR DISTRIBUTION TO THE U.S.A. NEWS WIRE SERVICES OR FOR DISSEMINATION TO THE U.S.A.

Signature Resources Ltd. (TSX VENTURE:SGU) (the "Company") announces the establishment of an Advisory Board consisting of industry leaders in mineral exploration/development and finance. Immediately, the Board will consist of Dr. Scott Jobin-Bevans and Mr. Andrew Cook.

Dr. Jobin-Bevans, PhD, P.Geo, has more than 25 years in worldwide mineral exploration and has public company experience as a director, officer and technical advisor. Scott is currently Co-Founder, Chairman and CEO of Caracle Creek International Consulting. He has expertise in project evaluation and in leading multi-million dollar projects from generative stage through advanced exploration and into development. Dr. Jobin-Bevans is an advisor and member of the board of directors for a number of public and private companies and held the volunteer position of President (2010-2012) of the Prospectors and Developers Association of Canada.

Mr. Andrew Cook, CPA, CA, CFA, has 25 years of experience in the financial services sector, the past 18 focused on managing a variety of funds for a number of investment organizations. His focus has been primarily on growth companies with substantial experience in the small and midcap parts of the market, and has spent a significant amount of time in the resource sector. He has worked in banking and in brokerage, acquiring an extensive background in equity research and credit analysis. Mr. Cook is the President and CEO of Palette Investment Management Inc., a Canadian-based fund manager.

"We are very pleased to welcome Dr. Jobin-Bevans and Mr. Cook to our newly formed Advisory Board. We look forward to advancing our Lingman Lake property, while having the additional guidance of two individuals with such significant experience in the mining and small cap space," commented Mr. Walter Hanych, President and CEO of the Company.

The Advisory Board will provide counseling to Signature Resources as the company moves forward to develop its Lingman Lake gold property.

About the Company

Signature Resources Ltd. is an exploration company, publicly traded on the TSX Venture Exchange (TSX-V) under the symbol SGU, focused on the exploration and development of its Lingman Lake Property, located in Northwestern Ontario. The property is at a preliminary stage and hosts a historic gold estimate which is to be evaluated to potentially bring the historic estimate to current compliant resource reporting.

Neither the 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.

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation 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. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such.

ON BEHALF OF THE BOARD OF DIRECTORS OF SIGNATURE RESOURCES LTD.

Walter Hanych, Chief Executive Officer

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