Aquila Resources Inc. announced that it has retained Barry Hildred on a consulting basis as CEO to provide Corporate Development, Financial Advisory and overall management services. As CEO, Mr. Hildred will report directly to the Board of Directors. Mr. Thomas Quigley, the company's current President and CEO, will retain the title of President and will lead the company's technical efforts in the U.S. Mr. Hildred is a principal at Level 2 Advisors, a company that sources investment opportunities and provides advisory services to small and medium enterprises.

Previously, Mr. Hildred was founder of The Equicom Group, a company specializing in strategic financial and investor relations services for Canadian public companies.