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Koda Resources Ltd. Board Changes Update

Koda Resources Ltd. announced changes to its board of directors and management. Mr. Earl Terris resigned as director and president, while Mr. Eugene Laraby resigned as a director. Mr. Anthony Remedios, a lawyer, was appointed as the new director and interim president. Mr. Brad Barrett, a Vancouver businessman, was also appointed as a new director. Additionally, 1,750,000 shares representing a controlling interest in the company were sold to the Canada-UK-US Hing Shing Group Ltd.

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Srikanth Jutru
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0% found this document useful (0 votes)
3 views1 page

Koda Resources Ltd. Board Changes Update

Koda Resources Ltd. announced changes to its board of directors and management. Mr. Earl Terris resigned as director and president, while Mr. Eugene Laraby resigned as a director. Mr. Anthony Remedios, a lawyer, was appointed as the new director and interim president. Mr. Brad Barrett, a Vancouver businessman, was also appointed as a new director. Additionally, 1,750,000 shares representing a controlling interest in the company were sold to the Canada-UK-US Hing Shing Group Ltd.

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Srikanth Jutru
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KODARESOURCESLTD.

(the"Company")
1010TheBurrardBuilding
1030WestGeorgiaStreet
Vancouver,BritishColumbia
V6E2Y3
Telephone:(604)6889337
May5,1998

NewsRelease

Symbol:"KODV"

BOARDCHANGES
TheCompanywishestoannouncecertainchangesinitsaffairs.
[Link]
[Link],alawyerwithRemedios&Company,Barristers
& Solicitors, has been appointed as a director and interim President. Mr. Brad Barrett, a
Vancouverbusinessman,[Link].
BrianBapty,[Link]
[Link].
Atotalof1,750,000sharesoftheCompany,representingacontrollinginterest,havebeensoldto
theCanadaUKUSHingShingGroupLtd.
Managementisexploringanumberofbusinessopportunitiesandadditionalpressreleaseswill
bemadeasmattersprogress.
ONBEHALFOFTHEBOARDOFDIRECTORSOF
KODARESOURCESLTD.
AnthonyRemedios
President

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