Finore Mining announces Resignation of Director and Officers

- October 13th, 2016

Vancouver, BC / TNW – Accesswire / Vancouver, B.C., October 13, 2016 – FINORE MINING INC. (CSE: FIN; OTCQX: FNREF) (the “Company” or “Finore”) – announces that Mr. Peter Tegart has tendered his resignation as President, Chief Executive Officer and Director and Simon Ma tendered his resignation as the Chief Financial Officer of the Company effective October 13, 2016.

Vancouver, BC / TNW – Accesswire / Vancouver, B.C., October 13, 2016 – FINORE MINING INC. (CSE: FIN; OTCQX: FNREF) (the “Company” or “Finore”) announces that Mr. Peter Tegart has tendered his resignation as President, Chief Executive Officer and Director  and Simon Ma tendered his resignation as the Chief Financial Officer of the Company effective October 13, 2016.

Mr. Tegart will continue to serve as an advisor to the Company carrying out technical evaluations for Company’s properties and potential acquisitions.

Mr. Rav Mlait is appointed as President and Chief Executive Officer and to Finore’s Board of Directors, and Mr. Michael Sadhra as Chief Financial Officer effective October 13, 2016.

Mr. Mlait has extensive experience in managing and raising capital for public and private companies. Mr. Mlait holds an MBA from Royal Roads University in British Columbia with a specialization in Executive Management and his BA (Economics) from Simon Fraser University and has worked with public companies listed on the TSX and TSX Venture exchange and CSE. Mr. Mlait served as President and CEO of Rockland Minerals Corp from 2008 to 2016. He was Vice President of Corporate Development with TSX Venture listed, Pacific Bay Minerals Ltd., exploring in Argentina, Quebec and British Columbia. Mr. Mlait has worked with TSX listed junior gold producer, Cusac Gold Mines Ltd., knowledge-management and CRM software developer, Knexa Solutions Ltd., and financial portal, Stockhouse Media Corporation.

Michael S. M. Sadhra serves as the Chief Financial Officer of Breathtec Biomedical Inc. Mr. Sadhra has been Tax Partner, Sadhra & Chow LLP since May 2009. Mr. Sadhra served as the Chief Financial Officer of several public companies including Cairo Resources Inc. Reservoir Capital Corp., Lara Exploration Ltd.   He is a self-employed Tax Consultant since January 2007. he was employed at KPMG LLP Chartered Accountants From September 1999 and served as Senior Tax Manager from October 2003 to December 2006 specializing in Canadian and international taxation for mining companies.    Mr. Sadhra holds a Bachelor of Commerce from the University of British Columbia in 1991 and Chartered Accountant from the Institute of Chartered Accountants of British Columbia in 2001.

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