TORONTO, ONTARIO--(Marketwired - Apr 15, 2015) - Brilliant Resources Inc. (TSX VENTURE:BLT) (the "Company" or "Brilliant") is pleased to announce that, subject to the approval of the TSX Venture Exchange, it has appointed Mr. Vincenzo Chiofalo, CPA, CGA, as the Chief Financial Officer of the Company. The Company also announces that its new head office will be located at 2 Bloor Street East, Suite 3500 Toronto, Ontario.
In light of the proposed new strategic direction of the Company announced on April 10, 2015, the Company has determined that it is in the best interests of Brilliant to move its head office to Toronto, Ontario where its principal officers reside. In addition, the Audit Committee and the Board are pleased to welcome Mr. Chiofalo to the management team of the Company.
Mr. Chiofalo is a partner at Schwartz and Company Professional Corporation (a Toronto based accounting and tax services firm), and the President of Malsan Investments Inc. (a Toronto based asset management company). He was previously a Director of Finance at The Miller Group, a Markham based company providing the public sector with road construction, road paving, waste management, transit and highway maintenance services and construction materials.
The former CFO, Mr. Sean Mager, has agreed to resign his title and will continue to serve the Company in order to provide for a smooth transition. The Board wishes to thank Mr. Mager for his fourteen years of service to Brilliant and acknowledges that he has played a key role in the Company's significant achievements to date.
For further information about Brilliant Resources Inc. or this news release, please visit our website www.brilliantresources.com.
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.
Caution concerning forward-looking information
This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the future strategy of the Company. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate", "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and, accordingly, undue reliance should not be placed thereon. Risks and uncertainties that may cause actual results to vary include, but are not limited to, failure by the Company to obtain shareholder and regulatory approval of the proposed strategic direction of the Company, as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Brilliant disclaims any obligation to update or revise any forward-looking information or statements except as may be required by applicable law.