Vancouver, B.C., July 19, 2013: Magna Resources Ltd. (Magna or the Company) announces that Dale Matheson Carr-Hilton LaBonte LLP has been appointed the Companys auditor in place of MNP LLP. The former auditor and new auditor confirm that there are no disagreements or unresolved issues.
The resignation of MNP LLP and the appointment of Dale Matheson Carr-Hilton LaBonte LLP have been approved by the Audit Committee and by the Board of Directors of the Company. Magna thanks MNP LLP for their past service on the file.
At the Companys 2013 annual general meeting, shareholders of the Company will be asked to approve the appointment of Dale Matheson Carr-Hilton LaBonte LLP as auditor of the Company.
On Behalf of the Board,
Magna Resources Ltd.
Mike Sieb, President
Neither the Canadian National Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian National Stock Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Companys future plans and objectives or expected results, are forward-looking statements. News release contains certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Companys business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES