EVR Everton Resources Inc

Everton Resources Inc. ("Everton") (TSX VENTURE:EVR)(OTCQX:EVRRF)(FRANKFURT:ERV)
is pleased to announce the appointment of Sabino Di Paola as new Chief Financial
Officer effective August 31, 2012. Mr. Di Paola is replacing Ms. Judith
Mazvihwa-MacLean who has resigned her position as CFO on August 31st, 2012 to
pursue other interests.


The Board would like to thank Ms. MacLean for her service and wish her the best
of luck in her future endeavours.


Sabino Di Paola, CA, is the President and owner of Accounting Made Easy Plus.
Mr. Di Paola is a Chartered Accountant. He has close to a decade of experience
in audit, finance and accounting while working as an auditor for international
accounting firms such as PricewaterhouseCoopers and BDO Canada. This has allowed
him to gain a wide variety of experience in accounting and auditing for private
and public companies as well as non-profit organizations. Sabino is involved
with numerous financing and spin out transactions and is responsible for all
aspects of financial services, financial reporting, and corporate governance. He
currently serves as the Chief Financial Officer of Undur Tolgoi Minerals Inc.
which is a publicly listed junior exploration company. He is also the Chief
Financial Officer of Red Ore Gold Inc. which is a junior exploration company
which is in the process of a listing application with the TSX-V. 


In addition, the Company announced it has made the following changes to their
stock option plan: 


The Stock Option plan has been amended to increase the time allowed for
directors, officers, consultants, or employees to exercise their options from 60
days to 12 months from the date they cease to be a director, officer,
consultant, or employee of the company. 


The company increased the maximum number of common share reserved for issuance
under its stock option plan from 11,691,725 to 13,152,922, representing 10% of
the outstanding common shares to date. These options may be granted to the
Company's employees, officers, directors and persons providing ongoing services
to the Company, subject to regulatory approval.


About Everton Resources Inc.

Everton Resources and Brigus Gold Inc., Everton's exploration partner in the
Dominican Republic, have reached an agreement whereby Everton will acquire 100%
ownership of Brigus' remaining interest in the Ampliacion Pueblo Viejo II
("APV"), Ponton and La Cueva concessions in the Dominican Republic. Everton is
actively exploring adjacent to the US$3.8 billion Pueblo Viejo project,
currently being developed by the world's largest gold mining company, Barrick
Gold Corporation (60%) in partnership with Goldcorp Inc. (40%) ("Goldcorp")
(NYSE:GG)(TSX:G). Everton also holds an interest in the Opinaca region of James
Bay, Quebec where the Company has partnered with Aurizon Mines Ltd. who is
advancing Everton's interest by funding 100% of all exploration work on one of
the largest land packages adjacent to Goldcorp's Eleonore gold deposit.


CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION

This news release contains certain forward-looking statements that involve risks
and uncertainties, such as statements of Everton's plans, objectives,
strategies, expectations and intentions. The words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and
similar expressions, as they relate to Everton, or its management, are intended
to identify such forward-looking statements. Many factors could cause Everton's
actual results, performance or achievements to be materially different any
future results, performance or achievements that may be expressed or implied by
such forward-looking statements. The forward-looking statements included in this
press release represent Everton's views as of the date of the release. While
Everton anticipates that subsequent events and developments may cause its views
to change, it specifically disclaims any obligation to update these
forward-looking statements, except in accordance with applicable securities
laws. Accordingly, readers are advised not to place undue reliance on
forward-looking information. All subsequent written and oral forward-looking
statements attributable to Everton or persons acting on its behalf are expressly
qualified in their entirety by this notice.

Everton Resources (TSXV:EVR)
Historical Stock Chart
From Nov 2024 to Dec 2024

Everton Resources (TSXV:EVR)
Historical Stock Chart
From Dec 2023 to Dec 2024