|Toronto, Canada (May 24, 2012) - Mammoth Resources Corp. (TSX-V: MTH) ("Mammoth" or the "Company") is pleased to report that at its annual general and special meeting held on May 23, 2012 all resolutions including the appointments of new directors were adopted by shareholders of the Company.
Pursuant to the new appointments Mr. Edward Farrauto and Mr. Constantine Salamis have resigned as directors of the Company. Mr. Nigel Kirkwood has also resigned as Chief Financial Officer of the Company but will continue to serve as a director of the Company along with Mr. Marshall Farris and Mr. Thomas Atkins, the current President and CEO. Newly appointed to the board of directors were Mssrs. John D. McBride, David Wiley and Guy Le Bel. Mr. Errol Farr was appointed as CFO of the Company.
Mammoth President and CEO, Thomas Atkins, commented on these changes to the board of directors and executive of the Company, stating: "On behalf of the shareholders of the Company I'd like to thank Ed, Constantine and Nigel for their assistance over the past months as the Company gained its public listing and advanced as a public company. Without a doubt the Company could not have achieved these goals if not for the efforts of these gentlemen. With the advancement of Mammoth as a public company, Mammoth has been able to attract some additional high caliber talent to the board which we all believe can assist the Company in meeting its mineral project exploration, development and acquisition objectives going forward. On behalf of shareholders I welcome the Company's new directors and the new CFO and look forward to working with this team in the future."
To find out more about Mammoth Resources and to sign up to receive future press releases, please visit the Company's website at www.mammothresources.ca.
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For further information please contact:
President & CEO
Tel: (416) 479 0887