London, UK / March 18, 2014 / Hunter Bay Minerals plc ("Hunter Bay") (TSX-V: HBY OTCQX: HTBNF) announces that Adrian Harvey and Andrew Tunningley have resigned as members of the Board of Directors of Hunter Bay. Each of Mr. Harvey and Mr. Tunningley resigned in order to decrease Hunter Bay's Board of Directors from seven to five, which is more reflective of other junior resource issuers. In addition, Hunter Bay and Sumin Resources Limited ("Sumin") amended the terms of the cooperation agreement dated February 28, 2013 by decreasing the number of Sumin nominees from two to one provided that Hunter Bay's Board of Directors consists of less than seven members. Notwithstanding Mr. Harvey's resignation, Mr. Harvey will serve as an alternate director to Oscar Louzada.
Hunter Bay thanks each of Mr. Tunningley and Mr. Harvey for their services as members of the Board of Directors.
About Hunter Bay
Hunter Bay is engaged in the acquisition, exploration and development of mineral resource properties located in South America and Canada. Hunter Bay's lead project is the Sela Creek Project, located in Suriname, in which Hunter Bay has an option to acquire up to an eighty percent (80%) interest. Hunter Bay also owns a one-hundred percent (100%) interest in the Great Bear Lake Properties located in the eastern side of Great Bear Lake, NWT, Canada.
For additional information please contact:
Hunter Bay Minerals plc
Bridge House, London Bridge
London, England SE1 9QR
Nico Civelli, CEO and director
Phone: (+44) 207-127-9125
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.
Release ID: 36612