March 10, 2015 – Equitas Resources Corp. (TSXv: EQT) (FSE: T6UN) (“Equitas” or the “Company”) announces that it has changed its auditors from Morgan & Company LLP (the “Former Auditors”) to DeVisser Gray LLP (the “Successor Auditors”) effective March 4, 2015.
At the request of the Company, the Former Auditors resigned as auditors of the Company effective March 4, 2015. The Board of Directors of the Company on the recommendation of management has appointed the Successor Auditors as the Company’s auditors in place of the Former Auditors effective March 4, 2015.
There were no reservations in the Former Auditors’ reports for the two most recently completed fiscal years or for any period subsequent to the most recently completed period for which an audit report was issued and preceding the date of the Former Auditors’ resignation. There are no reportable events between the Company and the Former Auditors.
The Notice of Change of Auditors, together with the letter from the Former Auditors and the letter from the Successor Auditors, has been reviewed by the Company’s Board of Directors and has been posted on SEDAR.
In addition, the Company announces the resignation of Steven Williams. Equitas would like to thank Mr. Williams for his contributions and service for the Company and its shareholders.
On Behalf of the Board of Directors,
EQUITAS RESOURCES CORP.
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.
It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertaintiesinclude economic, competitive, governmental, environmental and technological factors that may affect the Company’s operations, markets, products and prices. Factors that could cause actual results to differ materially may include misinterpretation of data; that we may not be able to get equipment or labour as we need it; that we may not be able to raise sufficient funds to complete our intended exploration and development; that our applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that analysis of data may not be possible accurately and at depth; that results which we or others have found in any particular location are not necessarily indicative of larger areas of our properties; that we may not complete environmental programs in a timely manner or at all; that market prices for nickel may not justify commercial production costs; and that despite encouraging data there may be no commercially exploitable mineralization on our properties.
Readers should refer to the risk disclosures outlined in the Company’s Management Discussion & Analysis of its audited financial statements filed with the British Columbia Securities Commission.