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| | January 21, 2010
New High Ridge Resources Inc. Announces Change of Officers and grant of Options
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| | Vancouver, B.C., January 21, 2010 - New High Ridge Resources Inc. (the "Company") (TSX.V: NHR) today announced that Gary Anderson has been removed as the President & CEO of the Company, however he will continue as a director of the Company.
The Company also reported that David McElhanney has resigned as the CFO of the Company. The Company has appointed Mike Withrow as President & CEO, and David Clark CA as CFO, both effective January 20, 2010.
Mr. Withrow thanked Mr. McElhanney for his past contribution as an officer of the Company and advised that Mr. McElhanney will continue to serve as a director of the Company.
The Company also announced the grant of a total of 905,000 incentive stock options to certain director and officers which are exercisable at $0.18 per share for a period of 5 years, subject to the Company's stock option plan.
About New High Ridge Resources Inc.:
The Company is focused on large scale exploration projects, and has two advanced exploration projects in British Columbia; the Chuchi property (Cu-Au porphyry) 30 km NW of Terrane's Mt. Milligan project; and the Newton Mountain property (Au-Cu porphyry) 35 km N. of Taseko Mine's Prosperity (formerly Fish Lake) Au-Cu project.
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.
For investor inquiries, contact:
Mike Withrow, President & CEO
New High Ridge Resources Inc.
mwithrow@highridgeresources.ca
778.908.6650
www.highridgeresources.ca |
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| | You can view the Previous News Releases item: Tue Jan 19, 2010, New High Ridge Resources Inc. Newton Project Update
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