VANCOUVER, British Columbia, April 03, 2019 (GLOBE NEWSWIRE) -- Goldrea Resources Corp. (CSE:GOR, Frankfurt:GOJ, Pink Sheets:GORAF) is proud to announce the appointment of John Abu-Ulba to its Board of Directors.

Mr. Abu-Ulba has over 18 years of executive experience managing corporate operations, with a focus on marketing, branding and product development in commercial film production, agricultural hemp manufacturing and distribution, and the emerging hemp-derived CBD marketplace. John is currently the President of NutraNet Consulting Ltd., a company that specializes in connecting people, companies, technology, resources, expertise and the distribution of finished products through its extensive global network. He is also the founder and President of Miracle Source Food Group Ltd., an industrial hemp foods manufacturing and distributing company located in British Columbia, Canada. John was previously the Chief Operating Officer and Vice President of ANANDA Scientific Inc., an American biopharmaceutical company focused on developing and selling hemp-derived CBD as medicine.

Goldrea’s President and CEO Jim Elbert states, “John will be an important and active member of the Board as we explore new arenas and nurture our existing holdings. His energy and expertise are a valuable addition to the team that is continuing to expand and grow with Goldrea. John brings a wide circle of influence to the table along with his extensive experience in marketing and corporate development, which will be much drawn upon in the Company’s future. We welcome John to the Goldrea Board with anticipation of mutual success.”

Goldrea has also accepted the resignation of director Paul Blair. Paul has been a stalwart member of the Board for many years. He has been instrumental in guiding the Company through several projects and market cycles. His presence on the Board will be missed as he retires. Goldrea deeply thanks Paul for his years of service and wishes him continued success and happiness. 

For more information, please contact:
James Elbert, President and CEO
Telephone: (604) 559-7230
Email: jelbert@goldrea.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain “forward-looking statements”, which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.