NEWS

Far Resources Announces Passing of Co-Founder and Former CEO Keith Anderson

March 9, 2018 – Far Resources Ltd (CSE:FAT) (FSE:F0R) (OTC:FRRSF) (www.farresources.com) (“Far Resources” or the “Company”) is sad to announce the passing of founding CEO Keith Anderson. Toby Mayo, Interim CEO, stated, “It is difficult for the entire team here at Far as we move forward without Keith. He had clear ideas and plans for the future of the Company and our projects, and we are pleased to honour his legacy.”

Keith founded Far Resources with his brother, Frank Anderson, a member of the Board of Directors. Together, they recognized the potential in the lithium industry, and the potential for lithium directly in Canada. The Zoro Project, and also now the Hidden Lake Project, are precisely the type of projects they envisioned in the early days of the Company. Now, with the right people to make it happen, the team is committed to advance his vision of a world-class lithium resource.

Keith Anderson had a long and successful career in the financial services sector, including having served as Vice President at Canaccord Capital. He took the helm at Far Resources after leaving Canaccord, and saw the Company through its initial public offering and kept it advancing through lean times in the sector.

About the Company

Far Resources Ltd. is an exploration company, publicly traded on the Canadian Securities Exchange under the symbol FAT, focused on the identification and development of high potential mineral opportunities in stable jurisdictions.

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ON BEHALF OF THE BOARD OF DIRECTORS OF

FAR RESOURCES LTD.

Toby Mayo

Interim CEO

 

FOR FURTHER INFORMATION, PLEASE CONTACT US AT

* CorpCom@FarResources.com

( 833-327-7377 ext 700

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

This news release contains forward-looking statements, which relate to future events or future performance (including our planned exploration for the Winston Project and the Zoro Lithium Property) and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected.  All of the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

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