VANCOUVER, BC / ACCESSWIRE / November 20, 2018 / LETHO RESOURCES CORP. (the "Company") (TSX-V: LET) announces
that it has appointed Dr. Sotiris Kapotas as a director of the Company. The appointment of Dr. Kapotas follows his engagement as
President and Chief Executive Officer of the Company on October 3, 2018. Dr. Kapotas' appointment to the board a key progression in
the Company's transition to an Albanian focused oil production company. Mr. Paul Gourtziovalitis has resigned from the board of
directors, effective the October 28, 2018.
Mr. Dimitri Soudas, Chairman of the Board of Directors, stated:
"We wish to express our appreciation to Paul Gourtziovalitis for his efforts and support during his service as director. We
wish him well in his future endeavors. We also welcome to Dr. Kapotas as director. We are very encouraged by his increased
involvement in a leadership capacity. He has tireless dedication to the success of the Company"
About Letho Resources Corp.
Letho Resources is an emerging oil and gas production focused company, currently advancing an acquisition of a production asset.
Letho recently announced a Memorandum of Understanding with Anio Oil & Gas Sh.a., which has a Petroleum Licence Agreement for the
Ballsh-Hekal producing oil field in Albania.
To learn more about us, please visit our website at: www.lethoresources.com
ON BEHALF OF THE BOARD OF DIRECTORS OF LETHO RESOURCES CORP
Dimitri Soudas
Chairman of the Board
For more information, please contact:
Sotirios Kapotas
info@lethoresources.com
or Jason Leikam
jleikam@lethoresources.com
Website: www.lethoresources.com
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date
of this news release. Such statements include the terms of the proposed private placement (including proposed use of proceeds) and
the terms of the proposed business combination with Anio. These statements reflect management's current estimates, beliefs,
intentions and expectations and are not guarantees of future performance. Such statements are based upon certain assumptions which
Letho's management believes to be reasonable, including assumptions relating to the availability of funds to complete the private
placement, the nature of Anio's assets and the expected conditions to closing. Letho cautions that all forward looking statements
are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond
Letho's control. Such factors include, among other things: risks and uncertainties relating to Letho's ability to complete the
proposed private placement and satisfying the conditions to closing of the business combination transaction, including the
completion of satisfactory due diligence. Accordingly, actual and future events, conditions and results may differ materially from
the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required
under applicable securities legislation, Letho undertakes no obligation to publicly update or revise forward-looking
information.
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.
NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. THIS NEWS RELEASE DOES
NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES IN THE UNITED STATES. THE SECURITIES
HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT") OR
ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED UNDER THE
U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE. THIS NEWS RELEASE
DOES NOT CONSTITUTE AN OFFER OR SALE OF SECURITIES IN THE UNITED STATES.
SOURCE: Letho Resources Corp.
