HUDSON RESOURCES INC. (TSX VENTURE:HUD)(OTCQX:HUDRF) announce the appointment of Mr. Herbert (“Herb”) G.A. Wilson, B.Sc., F.I.Q. to its Board of Directors. Mr. Wilson has over 30 years of experience in the development and operation of construction materials and industrial minerals operations and will provide valuable guidance for the development of Hudson’s White Mountain Anorthosite Project in Greenland. The anorthosite is a calcium feldspar mineral comprised of aluminum, silica and calcium with potential industrial applications in fiberglass feedstock, alumina production and fillers for paints and plastics.
Mr. Wilson is currently the President and CEO of Polaris Minerals Corporation, a TSX listed company engaged in the operation and development of quarries principally supplying construction aggregates by ocean going vessels to California and Hawaii from the northeast coast of Vancouver Island, BC. Mr. Wilson joined Polaris Minerals in 2001, prior to which he was President of United States Lime & Minerals Inc., a NASDAQ-listed public company producing lime products and construction materials from limestone quarries located in the south-central United States. From 1992 to 1998 he was a founding director and Executive Vice-President and Chief Operating Officer of Global Stone Corporation, a Toronto-listed public company producing construction aggregates and lime products.
James Tuer, Hudson’s President stated: “We are very pleased to welcome Herb to our board as we advance our White Mountain Anorthosite Project in Greenland. Herb’s extensive career in industrial mineral projects including the design, construction and management of major producing companies will be an excellent addition to our board. His experience in logistics and bulk shipping will be important as Hudson negotiates off-take agreements and logistics to get the calcium feldspar product to end users in the high end E- Glass Fiber industry and industrial filler markets in Europe, North America and Asia.”
In connection with the appointment, the Company has granted to Mr. Wilson 125,000 incentive stock options. The options are exercisable at $0.36 per share and have a term of five years, subject to the policies of the TSXV.