VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 24, 2015) - Savant Explorations Ltd. (TSX VENTURE:SVT) ("Savant") is pleased to announce that Mr. Rupert Legge has been appointed to the Board. Mr. Legge is a retired business executive and the former Executive Vice-President, Legal and Corporate Secretary for Alterra Power Corporation.
Mr. Legge replaces Mr. Robert McKnight who has retired from the Board. Savant wishes to thank Mr. McKnight for his role in the startup of Savant and his dedication and efforts on behalf of Savant over the past eight years.
The Board of Directors has approved the granting of stock options to directors for the purchase of 200,000 common shares of the Company. The options are granted pursuant to the Company's Stock Option Plan and have an exercise price of $0.05 per share, a term of five years and are fully vested.
This press release contains forward-looking statements. These forward-looking statements are based upon the reasonable beliefs of Savant and its management as of the date of this news release; however, forward-looking statements involve risks and uncertainties and are based upon factors that may change and assumptions that may prove, with the passage of time, to be incorrect as a result of exploration and other risk factors associated with mineral exploration and development that are beyond the control of Savant. Accordingly, undue reliance should not be placed upon such statements. If factors materially change or assumptions are materially incorrect, the actual results, performance or achievements of Savant may be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Savant does not undertake any obligation to update or revise any forward-looking statements to reflect new information, future events or otherwise, except as required by applicable law.