Hondo Minerals (fka HMNC)

[gitreal]

Gee, what a surprise. Data from one of Hondo's "consultants" is unreliable?

Change in Directors or Principal Officers



ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
Termination

On June 16, 2014, the Board of Directors (the "Board") of Hondo Minerals Corporation (the "Corporation") formally objected to the actions of the Corporation's Chairman and Chief Executive Officer, William Miertschin ("Mr. Miertschin"), regarding his handling of certain matters relating to the Corporation's operations, policies and practices, which were not in the best interest of the Corporation and its shareholders. The Board, through its findings to date, has determined that William Miertschin withheld material information from the Board about the validity of Dr. Burke's analysis of the reserves located at the Tennessee mine in Chloride, Arizona as presented by Advanced Natural Technology Services and Rhena Drury, the President of Advanced Natural Technology Services. The Board has determined that Dr. Burke's findings are unreliable and the Board and the Company's shareholders should not rely on those findings as previously reported.

As a result of the foregoing, the Board has terminated William Miertschin as President and Chief Executive Officer and has requested his resignation as Chairman of the Board.

Appointment

On June16, 2014, in consideration of the termination of William Miertschin as President and Chief Executive Officer of the Corporation, and pursuant to the authority granted to the Corporation by Article 2, Section 4 of the Corporation's Bylaws and Sections 78.130 and 78.138 of the Nevada Revised Statutes, the Board of Directors of the Corporation has confirmed the appointment of Chris Larson, the Corporation's current Chief Financial Officer and a Director ("Mr. Larson"), to continue acting as the Corporation's interim Chief Executive Officer (the "Interim CEO") and interim President (the "Interim President") until such time that a qualified successor can be duly appointed.

Mr. Larson originally accepted such interim appointments on May 29, 2014, as disclosed on the Corporation's Current Report on Form 8-K filed on May 29, 2014 and is incorporated by reference herein. The biography for Mr. Larson was filed with the Securities & Exchange Commission as part of the Corporation's Current Report on Form 8-K as filed on December 12, 2011 and is incorporated by reference herein.