Hastings resources Corp.

Published : May 23rd, 2008

Peeyush Varshney Appointed President

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HASTINGS RESOURCES CORP.

 

FOR IMMEDIATE RELEASE

 

Friday, May 23, 2008

(No. 2008-05-05)

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Contact:����� Investor Relations���������������������������������������������������������������������������������������������������������������

����������������� Phone (604) 684-2181

����������������������� info@hastingsresourcescorp.com

 

Peeyush Varshney Appointed President

 

Vancouver, B.C. � May 23, 2008 � Hastings Resources Corp. (TSX Venture: HAS) (�Hastings� or the �Company�) is pleased to announce the appointment of Mr. Peeyush Varshney as President of the Company. 

 

Mr. Varshney has been actively involved in the capital markets since 1996 and is a principal of Varshney Capital Corp., a private merchant banking, venture capital and corporate advisory firm. He is currently a director or officer of several public companies listed on the TSX Venture Exchange and the Toronto Stock Exchange, including Mountain Province Diamonds Inc. and Mantle Resources Inc.  He is also a director of The Varshney Family Charitable Foundation and is a member of the Business Families Center Advisory Board at the Sauder School of Business at UBC. Mr. Varshney obtained a Bachelor of Commerce Degree (Finance) in 1989 and a Bachelor of Laws in 1993, both from the University of British Columbia (UBC). He then articled at Farris, Vaughan, Wills & Murphy, of Vancouver, British Columbia, from 1993 to 1994 and has been a member of the Law Society of British Columbia since September 1994.

 

The Company has accepted the resignation of Mr. Rahim Jivraj from the Board of Directors.  The Board of Directors recognizes and thanks Mr. Jivraj for his contributions to the Company.

 

ON BEHALF OF THE BOARD OF DIRECTORS
HASTINGS RESOURCES CORP.

 

�PRAVEEN VARSHNEY�

PRAVEEN VARSHNEY, CA

DIRECTOR

Hastings resources Corp.

CODE : HAS.V
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Hastings is based in Canada.

Hastings is listed in Canada and in Germany. Its market capitalisation is CA$ 667 325 as of today (US$ 665 123, € 524 649).

Its stock quote reached its highest recent level on June 06, 2008 at CA$ 0.21, and its lowest recent point on May 29, 2009 at CA$ 0.02.

Hastings has 26 693 000 shares outstanding.

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Financings of Hastings resources Corp.
8/7/2008Announces Closing of Private Placement
7/3/2008Announces Closing of Private Placement
5/5/2008Amendments to Private Placement Financing
4/9/2008 Announces Non-Brokered Private Placement
Corporate news of Hastings resources Corp.
5/27/2008 Swan Drilling - Initial Preliminary Success
5/23/2008Peeyush Varshney Appointed President
5/6/2008Drilling Program Update – Swan Property, British Columbia
2/21/2008 Announces Name Change
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