Vancouver, B.C., July 22, 2014: Serengeti Resources Inc. (SIR: TSX-V; 34S: FSE) (the “Company”) announces that effective July 18, 2014, DeVisser Grey, LLP, Chartered Accountants has been appointed the Company’s auditor in place of Davidson & Company, Chartered Accountants. The former auditor and new auditor confirm that there are no disagreements or unresolved issues.
The resignation of Davidson and Company, LLP and the recommendation to appoint DeVisser Grey, LLP has been approved by the Board of Directors of the Company.
At the Company’s 2014 Annual General Meeting scheduled for Wednesday, August 27, 2014, shareholders of the Company will be asked to approve the change of auditor of the Company.
Additionally, the Company announces the grant of 50,000 incentive stock options to a consultant of the Company. The options will be exercisable at a price of $0.08 for a period of five years from the date of grant.
About Serengeti Resources Inc.
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is currently advancing its Kwanika copper-gold project and exploring its extensive portfolio of properties in the highly prospective Quesnel Trough and Stikine Arch of British Columbia. A number of these projects are available for option-joint venture and additional information can be found on the Company’s website at www.serengetiresources.com. Serengeti has 51.1 million shares issued and outstanding or 58.1 million shares on a fully diluted basis.
ON BEHALF OF THE BOARD
David W. Moore, P. Geo., President, CEO and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Investor Relations: Paradox Public Relations Tel: 514-341-0408 Toll free (in North America) 1-866-460-0408
Serengeti Resources Inc. 1700-750 West Pender St, Vancouver, BC V6C 2T8
Tel: 604-605-1300 Email: firstname.lastname@example.org Website: www.serengetiresources.com