Iron Tank Resources Corp. Announces Change in Auditor

CALGARY, Feb 24, 2015 - The Board of Directors of Iron Tank Resources Corp. (TSX VENTURE:TNK) ("the Company") announces that Grant Thornton LLP (the "former Auditor") have resigned, at the request of the Company, as auditor of the Company, effective February 19, 2015.

The Audit Committee and the Board of Directors has appointed MNP LLP (the "Successor Auditor") of Calgary, Alberta as auditor for the Company effective February 19, 2015, until the close of the next Annual General Meeting of the Company.

There were no reservations in the Former Auditor's reports in connection with the financial statements of the Company for the most recently completed fiscal year; and any period subsequent to the most recently completed period for which an audit report was issued and preceding the effective date of expiry of the Former Auditor's term of office.

The Company confirms that there have been no reportable events as defined in the National Instrument 51-102 and, in its opinion, there are no reportable events pending.

The Company and the Board of Directors would like to extend their thanks to Grant Thornton LLP, for their auditing services to date.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.



Contact

Iron Tank Resources Corp.
Mr. David Antony, CEO
(403) 531-1710