MONTELLO RESOURCES LTD.
57 Emerald Ridge E.
White City, SK S4L 0B3
www.montello.com
November 19
, 2014
Symbol: V.MEO.H
Montello
Announces
New
Director andCEO
The Company wishes to announce the appointment of Laara Shaffer, as Director and Interim Chief Executive Officer. Fred Hill has been appointed as Chairman of the Company. James O’Brien has stepped down as Director and Chief Executive Officer to pursue other interests. The board wishes to thank Mr. O’Brien for his contribution to the Board.
ON BEHALF OF THE BOARD OF DIRECTORS
Fred Hill
Director
For further information about this announcement and about Montello, please contact
. And go to
www.sedar.com
for a
detailed list of all filings. Visit
www.montello.com
for ongoing updates & have your na
me included on our mailing list.
About Montello
Management's goal is to pursue opportunities for high impact oil and gas exploration and recompletion projects preferably in
Western Canada
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.
Forward
-
Looking Information
This document may contain "forward
-
looking information" within the meaning of Canadian
securities legislation and "forward
-
looking
statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, "forward
-
looking
statements"). These forward
-
looking statements are made as of the date of this
document and Montello Resources Ltd. (the "Company") does
not intend, and does not assume any obligation, to update these forward
-
looking statements, except as required under applicable securities
legislation.
Forward
-
looking statements relate to future e
vents or future performance and reflect Company management's expectations or beliefs
regarding future events and include, but are not limited to, statements with respect to the estimation of mineral reserves an
d resources, the
realization of mineral reserv
e estimates, the timing and amount of estimated future production, costs of production, capital expenditures,
success of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitatio
ns on insurance
cover
age. In certain cases, forward
-
looking statements can be identified by the use of words such as "plans", "expects" or "does not expect",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "
believes", or variations of
such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be tak
en", "occur" or
"be achieved" or the negative of these terms or comparable terminology. By their very n
ature forward
-
looking statements involve known and
unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company
to be
materially different from any future results, performance or achievements
expressed or implied by the forward
-
looking statements. Such
factors include, among others, risks related to actual results of current exploration activities; changes in project paramete
rs as plans continue
to be refined; future prices of resources; possi
ble variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks
of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or constr
uction activities;
as well as t
hose factors detailed from time to time in the Company's interim and annual financial statements and management's discussion
and analysis of those statements, all of which are filed and available for review on SEDAR at
www.sedar.com
. Although the Company has
attempted to identify important factors that could cause actual actions, events or results to differ materially from those de
scribed in forward
-
looking statements, there may be other factors that cause act
ions, events or results not to be as anticipated, estimated or intended. There can
be no assurance that forward
-
looking statements will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such stateme
nts.
.
Accordingly, readers should not place undue reliance on forward looking statements.