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Astorius Announces The Appointment Carlos Arias Eguiguren To The Board Of Directors

September 12, 2016 Download PDF

Vancouver, British Columbia – September 12, 2016 – Astorius Resources Ltd. (TSX-V: ASQ) (“Astorius” or the “Company”) is pleased to announce the appointment of Dr. Carlos Arias Eguiguren to the board of Directors of the Company.

Dr. Arias is a lawyer based in Quito, Ecuador specializing in mining law and is a former Director of the Ecuadorian Chamber of Mines 2003-2005, 2001-2003 and 1996-1998. He holds a Doctorate in law with a Master’s degree in international business legal studies from the University of Exeter in England, and a diploma in transactional contracts from the International Development Law Institute, Rome, Italy.

Dr. Arias has extensive experience in the mining industry. He has served several mining companies and has been responsible for important mining projects, acquisitions and development. Examples are:

President of Ecuadorian Minerals Corporation, now International Minerals (IMZ) from 1993 to 1995, in charge of the acquisition and consolidation of the Gaby and Rio Blanco (formerly San Luis) mining projects.

General Manager of Aurelian Resources from 2001 to 2004 being responsible of the acquisition of La Zarza mining project, and the consolidation of a 90,000 hectares project currently known as Fruta del Norte project, one of the most important world class mining discoveries of the last century currently being developed by Lundin Gold.

General Manager of Avalanche Resources in charge of the acquisition of 25 mining concessions in Ecuador and the Alto El Toro gold project in Columbia.

General Manager of Lateegra Ecuador S.A. in charge of the development of the Gondor copper-gold project located in the middle of the Lundin Gold projects in Ecuador, four kilometers east of Fruta del Norte.

Additionally, Dr. Arias is the Ecuadorian representative & associate of Investbank Corp., (USA), Legal Advisor of Kroon Global, Freepoint Commodities, First Merit Group (Canada), CEO of ICAT Investments Corporation from 2008, CEO of Energy Services & Investments ESI Corp from 2009, Legal Advisor and Vice-president of Tecnipetrol Inc.; Legal Advisor of Bellweather International Inc., General Manager and lawyer of Bradley Ecuador S.A., a Branch of Bradley Brothers, Canada 1995-2005; Member of the Board of Aim Explorations Ltd. (Canada).

Dr. Arias has been included and recognized in Madison Who’s Who of the World, Baron’s Who is Who (USA) and received the GDS Excellence Leader Award for his legal mining career. Dr. Aria is fluent in English and Spanish.

Sandy MacDougall Chairman of the Board said: “we are very pleased to welcome D. Arias to the board his expertise in the mining industry in South America will be of paramount importance for the development of our strategy of near term production of high value minerals.”

About Astorius Resources Ltd.

Astorius (TSX.V:ASQ Frankfurt: 47A) is a junior exploration and near term production company focused on high value minerals deposits in North and South America.


/s/ “Arthur Brown”

President & Director

This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstance or management's estimates or opinions change.

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.