TORONTO, Sept. 12, 2017 (GLOBE NEWSWIRE) -- Austin Resources Ltd. (“Austin” or the “Company”)
(TSX-V:AUT) announces that all matters before the shareholders at the Annual General Meeting held on September 11, 2017 have been
approved. As a result, the Board of Directors of the Company now consists of Weimin Fu, Jiangping Mo and Zhigang Xie.
Mr. Fu and Mr. Xie have been directors of the Company since August 21, 2015.
Mr. Mo is currently the Deputy President of China Nonferrous Metal Guilin Research Institute of Geology for
Mineral Resources. He holds a Master's degree in Environment Engineering and a Bachelor's degree in Geological Exploration. He has
more than 30 years of experience as a high-level executive in the mineral and mineral exploration industry and has been involved
with gold, copper, nickel, tin and tungsten projects. He has experience leading exploration teams in China, Australia and
Africa.
The Company would like to thank Zhi Lyu for his service and wishes him them the best in his future
endeavors.
About Austin Resources Ltd. (formerly Azul Ventures Inc.)
Austin Resources Ltd. is a mineral exploration company with properties located in Chile and Ontario, Canada.
For further information contact:
Austin Resources Ltd.
Jing Peng
Chief Financial Officer
Telephone: 416-848-9888
Email: info@austinresources.ca
Website: www.austinresources.ca
Cautionary Statements
Information set forth in this news release may involve forward-looking statements under applicable securities laws.
Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements
often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or
occur, or other similar expressions. All statements, other than statements of historical fact, are forward-looking statements. By
their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the
Company’s actual results, performance or achievements, or other future events, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the
following risks: the need for additional financing; operational risks associated with mineral exploration; market conditions;
fluctuations in commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the
potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of
dividends; competition; dilution; the volatility of our common share price and volume and the additional risks identified in the
"Risk Factors" section of the Company's Filing Statement or other reports and filings with the TSX Venture Exchange and applicable
Canadian securities regulations. Forward-looking statements are made based on management's beliefs, estimates and opinions on the
date that statements are made and Austin undertakes no obligation to update forward-looking statements if these beliefs, estimates
and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned
against attributing undue certainty to forward-looking statements.
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.
