VANCOUVER, BC, March 17, 2015 - Regal Resources Inc. (the "Company" or "Regal") (CSE:RGR) is pleased to announce the appointment of Mr. Tony Louie as Chief Financial Officer of the Company. Mr. Louie holds a BA in Economics and MBA from Simon Fraser University and has been an independent business consultant since 2009. His areas of expertise include corporate finance and business strategy and development. Mr. Louie's extensive experience in the public and private markets and will be a major benefit to Regal.
Mr. Tony Louie replaces Mr. Fred Baker who served as Regal's interim Chief Financial Officer. Mr. Fred Baker will remain as a director of the Company.
Regal is also pleased to announce the appointment of Quentin J. Browne to the Company's board of directors effective March 16, 2015. Mr. Browne has more than 25 years professional experience in precious and base-metal exploration and mining in the western US, Mexico, South America and eastern Canada, and has been employed by several major mining companies including Noranda, Rio Algom, Asarco, Teck Cominco, and Anglo American. Mr. Browne received his BA degree (Geology) from the California State University, Chico in 1983, and a M.Sc. (Economic Geology) from the University of Idaho in 1989 and has published several papers on copper porphyry mineralization.
Mr. Browne replaces Mr. Kevin Riley, who resigned from the Company's board of directors in order to permit Mr. Browne's appointment. The Company would like to thank Mr. Riley for his valuable service and contributions and wish him well in future endeavors.
About Regal Resources Inc. (www.regalresinc.com):
Regal Resources Inc. is a junior mineral exploration and development company based in Vancouver, Canada. The Company is focused on the development and acquisition of copper projects in the prolific copper producing state of Arizona. The Company is currently focused on its advanced exploration copper/lead/zinc/silver property, the Patagonia (Sunnyside), located near Nogales, Arizona. Regal Resources is listed on the Canadian Securities Exchange (CSE) under the symbol (RGR).
For further information please contact:
Gregory M Thomas
Drew N Brass
This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change.
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