Hodgins Auctioneers Appoints New CFO and Replaces President Barrie Jung

MELFORT, SK, Jan. 12, 2015  /CNW/ - Hodgins Auctioneers Inc. (HA-TSX.V) ("Company") announces the resignation of Barrie Jung as President, Corporate Secretary, and Interim Chief Financial Officer.  Mr. Jung tendered his resignation effective January 9, 2015 after being employed in various capacities since 1985.  Mr. Jung will continue to serve on the Board of Directors of Hodgins Auctioneers Inc.

Mr Jung stated "My 30 year career in the auction industry provided a wide range of experiences, relationships and travel that were hugely satisfying and rewarding to me. I feel honoured to have played a role in the auction industry during a time of significant change. I wish also to thank all the people with whom I developed relationships during my time in the auction industry".

Grant Hodgns, CEO of Hodgins Auctioneers stated "On behalf of the Board of Directors and on behalf of the staff at Hodgins Auctioneers we wish to thank Mr. Jung for his many years of service and his contributions to the operations of Hodgins Auctioneers Inc.

Hodgins Auctioneers is pleased to announce the appointment of David Cross as Chief Financial Officer.  Mr. Cross has a Certified General Accountant designation, and is a partner in the firm Cross Davis Company LLP.  Cross Davis is an accounting firm that provides accounting and management services to public Companies.

The Company is also pleased to announce the appointment of Larry Buchinski as the Company's Corporate Secretary.  Mr. Buchinski is the Company's Vice President, Industrial Sales and serves on its Board of Directors.

Grant Hodgins, CEO of Hodgins Auctioneers Inc. will now serve as Chief Executive Officer and President of the Company.

About Hodgins Auctioneers Inc.

Headquartered in Melfort, SK for more than 50 years, Hodgins Auctioneers is a provider of professional auction services. Hodgins is renowned for its experienced Auctioneers, award-winning promotions, dependable results and commitment to providing the ultimate marketplace for the sale of assets by auction.

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.

SOURCE Hodgins Auctioneers Inc.

Grant Hodgins, CEO, Hodgins Auctioneers Inc., Tel: [phone], Fax: [phone], Email: [email protected]; Website: www.hodginsauctioneers.com