TORONTO, ONTARIO--January 27, 2014 - Takara Resources Inc. ("Takara" or the "Company") (TSXV:TKK) is pleased to announce the appointment of Mr. John C. Gingerich, P. Geo., to the board of directors. Mr. Gingerich's appointment as a technical member of the board of directors is particularly instrumental given that his exploration career as a geophysicist began in the Athabasca Basin and Beaverlodge with Eldorado Nuclear Ltd. (merged with SMDC in 1988 to become Cameco Corporation), the specific area where Takara recently acquired 19,180 hectares of mineral claims prospective for uranium exploration (see News Release December 16, 2013).
Mr. Gingerich is a professional geophysicist (APGO) with over 35 years experience in exploration, mining, and related technology industries. In a career that spanned 15 years within Noranda's Exploration group, he served as Chief Geophysicist and Director of Research and Technical Innovation, where he played a role in the evaluation, acquisition, and development of domestic and international mineral opportunities. In 2002, Mr. Gingerich founded Geotechnical Business Solutions (GBS), a company dedicated to the development and financing of exploration opportunities and related technology, and which provides consulting services to First Nation Communities.
Mr. Gingerich has served as a member of several industry and government boards and committees, including the previous Ontario Geological Survey Advisory Board (Chairman) and Exploration Division of the Canadian Mining Industry Research Organization. Currently, he serves as President and Chief Executive Officer of Advanced Explorations Inc., and as Chairman of Bactech Environmental Corporation.
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President and CEO
Takara Resources Inc.
Statement Regarding Forward Looking Information
Certain information contained in this news release, including any information relating to the proposed transaction and Takara's future financial or operating performance may be deemed "forward-looking". These statements relate to future events or future performance and reflect Takara's expectations regarding the transaction, and the future growth, results of exploration, business prospects and opportunities of Takara. These forward-looking statements are subject to a variety of risks and uncertainties that are identified and disclosed. Although Takara believes that the forward-looking information contained in this news release are based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. Takara expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.
The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
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