Blox Announces Resignations of Board Members and Officers

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 15, 2015) - Blox Inc. ("Blox" or the "Company") BLXX announces the following resignations of directors and officers the Company:

Directors

Mr. Robert Abenante, Mr. Cedric Wilson and Mr. Robert Ironside have resigned as directors of the Company and its subsidiaries effective April 14, 2015.

Officers

Messrs. Robert Abenante and Mr. Rick Low have resigned from all executive officer positions of the Company and its subsidiaries effective May 1, 2015. Mr. Robert Abenante is the Company's President and Chief Executive Officer and Mr. Rick Low is the Company's Chief Financial Officer.

Ms. Brigitte McArthur has resigned from all executive officer positions of the Company and its subsidiaries effective May 15, 2015. Ms. Brigitte McArthur is the Company's Corporate Secretary.

The Company intends to seek new officers and directors to fill in such vacancies for the Company. Mr. Ronald Renne will act as interim Chief Executive Officer and interim Chief Financial Officer after May 1, 2015.

About Blox Inc.

Blox Inc. is a green mining, energy and technology company. The Company intends on harmonizing these three "pillars" to enable continuous growth and bring prospective projects from their initial stages to completion by sharing resources and skill sets. The Company plans to develop its properties without causing devastating damage to the environment caused by traditional mining. Blox Inc. was formed with the intention of becoming a producer of "green minerals" with a focus on West Africa.

For further information on Blox Inc., please contact: rrenne@bloxinc.com

On behalf of the Board of Directors,

Mr. Ronald Renne, Chairman & Director

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information in this news release includes, but is not limited to, statements regarding the intention on harmonizing the Company's three "pillars" to enable continuous growth and bring prospective projects from their initial stages to completion by sharing resources and skill sets and the Company intends to seek new directors and officers. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risk of a continued downturn in the mining industry in general, a decrease in commodity prices, the inability of the Company to raise financing to execute its business plan and other risk factors set out in the Company's publicly filed quarterly and annual reports.. Except as required by law, the Company does not intend to update these forward-looking statements.

FOR FURTHER INFORMATION PLEASE CONTACT:
Blox Inc.
Mr. Ronald Renne
Chairman & Director
604-688-3899
rrenne@bloxinc.com
www.bloxinc.com

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!