CSE SYMBOL: SRS

Shamrock Enterprises Announces Board Appointment

News Release

CSE: SRS

May 16, 2017

 

Shamrock Enterprises Inc.  (“Shamrock” or the “Company”), a Canadian mineral exploration company, is pleased to announce the appointment of Mr. Scott Ansell to the board of directors. Mr. Ansell brings an extensive technical, project management and financial background to the company.

 

 

Scott Ansell has an engineering background with over 25 years of expertise in project management, feasibility studies, permitting and mining finance. Scott was most recently VP Project Development for Sunridge Gold where he managed the completion of prefeasibility studies, feasibility and environmental and social studies for the Asmara Project in Eritrea, which led to the awarding of a mining license by the government of Eritrea. Scott was previously Technical Director of Studies and Manager of Consulting, Geology and Mining for AMEC Americas, located in Lima, Peru and Vancouver, Canada. He has previous experience in Africa with Nevsun Resources as Project Manager in Mali and Eritrea.

 

Bob Faris, President and CEO of Shamrock commented “We are very excited to announce the addition of Mr. Ansell to the board of directors. Scotts brings an extensive mining business background with an emphasis on project management, development, asset generation and financing. Scott will be an integral part of Shamrock’s future as the company intends to grow its mineral exploration asset base and further develop the Fireweed silver, lead, zinc discovery near Smithers, B.C.

 

As part of the appointment the Company will grant 250,000 incentive stock options to Mr. Ansell at an exercise price of $0.05 per share. The option grant will vest immediately.  As per the Company's Stock Option Plan, the options granted are exercisable until May 15, 2022.

About Shamrock: Shamrock Enterprises Inc. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of silver and other precious metal properties in North America. The Company’s common shares are listed and posted for trading on the Canadian Securities Exchange ("CSE") under the symbol "SRS".

On behalf of the Board,

“Bob Faris”

CEO

For further information, please contact:

Shamrock Enterprises Inc.

Bob Faris, Chief Executive Officer

Phone: (604) 880-2121

Neither the Canadian Securities Exchange nor its Regulation Services Provider

accepts responsibility for the adequacy or accuracy of this release.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as “forward-looking statements”. Forward looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.  Any forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, except in accordance with the applicable laws.