DuSolo Announces Board Appointment
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 2, 2016) - DuSolo Fertilizers Inc. (TSX VENTURE:DSF) ("DuSolo" or "the Company") is pleased to announce that Mr. Duane Lo has been been appointed to the Board of Directors, effective from the 1st March 2016.
Mr. Lo brings a wealth of financial and business experience to the Company, including valuable experience in Brazil, and the Board and management look forward to drawing on his expertise as they continue to advance DuSolo's fertilizer business.
Mr. Lo is a CPA CA with 13 years' experience in the financing, management and administration of mining operations and development projects in Brazil, Africa and other jurisdictions. From August 2009 to June 2015, Mr. Lo served as the Executive Vice President and Chief Financial Officer of Luna Gold Corp. where he was responsible for the financing, administration and corporate affairs of a gold mining operation in Northern Brazil. Prior to Luna Gold, Mr. Lo was the Corporate Controller for First Quantum Minerals Ltd., which is a well established global base metals and mining company.
"We look forward to benefiting from Duane's expertise in the financing and operation of resource companies in Brazil, and welcome his input to the on-going re-organisation and development of the Company and its business," commented CEO Giles Baynham. "Mr. Lo also adds to the independent non-executive balance of the Board and we look forward to working with him as Chair of the Audit Committee, bringing significant accounting and commercial experience to the role."
On behalf of DuSolo Fertilizers Inc.
Giles Baynham, Chief Executive Officer
Forward-looking statements
Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology 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 taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of DuSolo which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and DuSolo 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.
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