Quri-Mayu Developments Ltd. – Announces Newly Appointed Directors

Quri-Mayu Developments Ltd.

Quri-Mayu Developments Ltd. – Announces Newly Appointed Directors

Friday, January 18, 2019 5:45 PM

VANCOUVER, BC / ACCESSWIRE / January 18, 2019 / Quri-Mayu Developments Ltd. ("QMDL" or the "Company") is pleased to announce the appointments of Kevin Beaulieu, Michael Sweatman and Oliver Foeste to the Company's Board of Directors.

Bios for Newly Appointed Directors:

Kevin Beaulieu, 41, has over 20 years of executive experience in both private and public ventures in natural resource development and technology driven enterprises. He served as Vice President, Director of North American Potash Developments Inc., CEO of One World Investments Inc., CFO of Ethos Consulting Ltd., President / CEO of Ymir Capital Corp., and Executive Director of Union Energy Corp. Mr. Beaulieu also worked with public and private companies in North and South America, Asia, Europe and the Middle East in addition to establishing a network of finance, legal and oil and gas professionals to assist western business interests in their pursuit of assets in the MENA Region–(Middle East, North Africa). Mr. Beaulieu, as Co-founder of Union Energy Corporation, was instrumental in the development of Union Energy "Jennings Field Water Flood Project" in Zapata Texas, USA.

Oliver Foeste, 43, is a CPA, CA and is the founder and Managing Partner of Invictus Accounting Group, and brings over a decade of financial reporting, corporate finance, and executive experience across a number of sectors including resource-based, construction, manufacturing, technology, real estate, and more. Previously, Oliver held senior management and executive positions in multinational and small capitalization companies listed in Canada and the United States. Earlier in his career Oliver worked at Deloitte where he led audit and assurance engagements for both private and public companies, and at Walsh King Chartered Accountants where he focused on tax and assurance for private clients.

Michael Sweatman, 67, is a Chartered Professional Accountant (CPA CA) who possesses in excess of 30 years' experience in public and private practice and has worked with and provided services and advice to many companies listed on the TSX Venture and Toronto Stock Exchanges. Mr. Sweatman was admitted to the Institute of Chartered Accountants of British Columbia in 1982 and in the Yukon in 1990. He has been the principal of Michael Sweatman Limited, Chartered Accountant, from 1999 until 2015 and has operated MDS Management Ltd., a Vancouver-based management consulting and investment company, since November 1992. In addition, he has served as a director and officer of a number of public companies over the past 25 years. He is currently Director and Chairman of Nevada Sunrise Gold Corp. (TSXV-NEV), and Director of Marifil Mines Ltd (TSXV - MFM) Mucho Cobre Resources Ltd. And Quri-Mayu Developments Ltd. he has served on the audit committees of numerous companies. Mr. Sweatman has substantial experience in the mineral exploration and development industry as a result of these prior and existing appointments.

For further information please contact:

Kevin Beaulieu, Director
E-mail: [email protected]

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of QMDL. Forward-looking information is based on certain key expectations and assumptions made by the management of QMDL. Although QMDL believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because QMDL can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. QMDL disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE: Quri-Mayu Developments Ltd.