Takara Resources Inc.
TSX VENTURE : TKK

Takara Resources Inc.

December 22, 2008 08:20 ET

Takara Resources Appoints Julie Lassonde as President

TORONTO, ONTARIO--(Marketwire - Dec. 22, 2008) -

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

Takara Resources Inc. (TSX VENTURE:TKK) ("Takara") is pleased to announce that Julie Lassonde, B.Sc., has been appointed to the board of directors of Takara, and additionally, Ms. Lassonde will replace Ms. Jennifer Boyle as President of the Company.

Jennifer Boyle, Chief Executive Officer, welcomes Ms. Lassonde to the Takara team. "Takara is focused on streamlining its current business, both internally and externally. Julie's strong credit and corporate finance background combined with a sound knowledge of the mining industry makes her ideal for executing Takara's strategy."

Ms. Lassonde joins Takara with 11 years of experience in various financial and engineering fields including work as a civil engineer with SNC-Lavalin and investment banking experience with Macquarie Bank Ltd in Australia and the U.S.A. Ms. Lassonde holds a degree in Civil Engineering from Queen's University. She was most recently Vice President of Corporate Development with Southampton Ventures.

Takara further announces that Jennifer Boyle will replace Ms. Wesleigh Harkness as Chief Financial Officer of the Company. Ms. Harkness fulfilled the role of interim Chief Financial Officer on a temporary basis, and she will continue to support the Company's initiatives in a consulting capacity.

The securities of Takara Resources Inc. have not been registered under the United States Securities Act of 1933, as amended, or the securities laws of any U.S. State, and may not be offered or sold in the United States or to any "US Person" (as defined in Regulation S under the Securities Act of 1933) absent registration or an exemption from registration.

Certain information contained in this press release, including information and statements which may contain words such as "could", "plans", "should", "anticipates", "expect", "believe", "will", and similar expressions and statements relating to matters that are not historical facts are forward-looking information. All of the forward-looking information contained in this press release is qualified by this cautionary statement. There can be no assurance that the actual results or developments anticipated by Takara, as expressed or implied by the forward-looking information, will be realized or, even if substantially realized, that they will have the expected consequences to or effects on Takara or its business operations. Takara disclaims any intention or obligation to update or revise any forward-looking information as a result of new information or future events. Readers should not place undue reliance on forward-looking information.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Takara Resources Inc.
    Jennifer L. Boyle
    Chief Executive Officer
    (647) 430-0966 (work)
    or
    Takara Resources Inc.
    Pamela Strand
    Chairperson of the board
    (780) 435-0045