|December 30, 2015|
Blackheath Resources Announces Management Change and Granting of Options
|Blackheath Resources Inc. (TSXV: BHR Frankfurt: 04B) ("Blackheath" or "the Company") is pleased to announce James Robertson has been appointed as Chairman of Blackheath Resources, and will continue to serve as a director. Alexander Langer has expanded his role with the Company as Chief Executive Officer, effective immediately and will continue as President of the Company.|
Blackheath Resource has, effective today, granted options to its directors, officers, consultants and employees of the company an aggregate 2,390,000 stock options.
The options are exercisable for a period of five years at a price of thirteen cents per common share in accordance with the company's stock option plan approved by shareholders on June 20, 2015.
Blackheath Resources Inc. is listed on the TSX Venture Exchange, and is focused on tungsten exploration and development in Portugal. The Company holds the past-producing Covas (where a recent NI 43-101 resource estimate has been completed - see News Release March 31, 2015), Borralha (a large, mineralized, bulk tonnage target with encouraging drill results to date - see News Release April 21, 2015), and Vale das Gatas tungsten projects and also the Bejanca tungsten/tin project where a historic resource estimate indicates a significant resource of tin and tungsten in eluvial material on surface - see News Release November 20, 2013. Management of Blackheath has previous experience in tungsten mining operations in Portugal through Primary Metals Inc., the operator of the Panasqueira Tungsten Mine from 2003 to 2007.
Further information about the company's activities may be found at www.blackheathresources.com and under the company's profile at www.sedar.com
On behalf of the Board,
James Robertson, P. Eng., Chairman & Director
For further information contact Alexander Langer, CEO & President at 604 684-3800 or firstname.lastname@example.org
Neither the 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.
You can view the Next News Releases item: Tue Feb 16, 2016, Blackheath Reports Exploration Results at Bejanca
You can view the Previous News Releases item: Tue Nov 24, 2015, Blackheath Closes Second Tranche of Over-Subscribed Private Placement
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