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Exile Resources announces board additions

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Staff writer | Toronto, ON, Canada |
Exile ResourcesDecember 8, 2010, Toronto, ON, Canada - Exile Resources Inc., an oil and gas company, announces the additions of Ahmed S. Said and Stan Bharti to its board of directors.
Mr. Said serves as Chief Executive Officer and President of Stetson Oil and Gas Ltd. Mr. Said has been the Chief Executive Officer and President of Vast Exploration Inc., since October 15, 2007. Mr. Said has also been President and Chief Executive Officer of Longford Energy Inc. (formerly Longford Corporation), since August 20, 2007. He served as Interim Chief Executive Officer and Interim President of Stetson Oil and Gas Ltd. since January 2010.

He has been involved in the design, procurement, and management of various sweet and sour facilities and pipelines in Canada. He serves as President of Oil & Gas Group at Forbes & Manhattan Inc. He served as Manager of International Exploration and Production at Groundstar Resources Ltd., since October 6, 2006. He serves as Chairman of Stetson Oil and Gas Ltd.

Mr. Said's background includes, operational and senior management roles in the oil and gas industry both domestically and internationally. He has been Director of Vast Exploration Inc., since October 2007 and Longford Energy Inc., since August 20, 2007. He has been Director at Stetson Oil and Gas Ltd., since December 5, 2007. Previously, he served as Director of Vast Exploration Inc.

Mr. Said holds a Bachelor of Science in Engineering from the University of Calgary, Canada.

Mr. Bharti is the Chief Executive Officer and Chairman of Athlone Bancorp. He is also a Co-Chairman of Athlone Global Security Ltd. Mr. Bharti is a business consultant and a professional mining engineer with more than 25 years experience in business, management, operations, public markets, and finance.

Over the last ten years, he has been involved in acquiring, restructuring, and financing. His experience in public markets includes acquisitions of companies in Europe, Australia, and North America. Previously from June 2005 to September 2005, Mr. Bharti was the President of Consolidated Thompson-Lundmark Gold Mines Ltd. and its Chief Executive Officer since June 2005. Before this from October 18, 2004 to March 14, 2005, he worked as the Chief Executive Officer and President of Crowflight Minerals Inc.

Mr. Bharti was also the President and Chief Executive Officer of Beartooth Platinum Corporation from October 18, 2004 to March 2005. He also served as the Founder and Chief Executive Officer of a substantial producing gold mining company and operated mining companies on a global basis. Earlier from August 2002 to October 2004, Mr. Bharti was the President and Chief Executive Officer of Desert Sun Mining Corp. He was the President of Valencia Ventures Inc. from 1994 to August 2002 and its Chief Executive Officer from June 1994 to August 2001.

Previously from June 1996 to December 1999, Mr. Bharti was the Chief Executive Officer of RUX Resources Inc. and the President and Chief Executive Officer of Forbes & Manhattan, Inc., since July 2001. He is the Chairman and Director of many other publicly listed junior mining companies. Mr. Bharti is currently a Director of Kansai Mining Corp. He has been the Chairman and Director of Largo Resources Ltd. since January 20, 2005.

Mr. Bharti serves as the Chairman of Crowflight Minerals Inc.; Valencia Ventures Inc. since April 2005; and Beartooth Platinum Corp. since March 2005. He served as the Chairman of Board of Directors of Castillian Resources Corp., Aberdeen International Inc., BLM Service Group Inc. from January 1990 to April 2001, and eNblast Productions Inc. from 2001 to 2002.

Mr. Bharti was a Vice Chairman of Galaxy Online Inc. from December 1999 to September 2001, Chairman at Desert Sun Mining Corp. since September 21, 2004, and served as a Director of Cash Minerals Ltd. since September 30, 2005, Yamana Gold Inc., Loumic Exploration Inc. since 2003, Valencia Ventures Inc. since July 26, 1994, Crowflight Minerals Inc. since June 26, 2003, Beartooth Platinum Corporation since February 2003, Alexis Minerals Corp. since January 26, 2004, Castillian Resources Corp. since June 10, 2005, Consolidated Thompson-Lundmark Gold Mines Ltd. since June 2005, Longford Corp. since June 14, 2004, Apogee Minerals Ltd., Admiral Bay Resources Inc. since January 5, 2003, Augen Capital Corp. since February 2004, Galaxy Online Inc., and Desert Sun Mining Corp. from August 2002 to October 2004.

He has earned a P.Eng and an M.Sc. degree in Engineering from Lumba University, Moscow and University of London, England. Mr. Bharti has been appointed non-executive Chairman of Exile Resources.


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