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U.S. Silver Announces Executive Appointment
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February 19, 2009 - Toronto, Ontario - U.S. Silver Corporation
(USA:TSX-V) ("US Silver" or the "Company") is pleased to announce that
Thomas Parker, interim Chief Executive Officer since November 3, 2008,
has been appointed the Company's President & Chief Executive Officer
("CEO") effective immediately. Mr. Parker has also been appointed a
Director of the Company.
Mr. Bobby Cooper, Chairman of the Company commented, "Tom's proven
background and experience have been quite evident since joining U.S.
Silver last fall. Despite difficult market conditions, Tom's strong
operating background continues to guide the Company towards its
objective of returning the Galena mine to full profitability."
Mr. Parker is a Mining Engineer with over 40 years of direct
involvement in the mining industry. He has extensive experience with
both public and private companies. Most recently, Mr. Parker served as
President and CEO of Gold Crest Mines Inc. He was CEO of High Plains
Uranium Inc. from 2006 until that company was acquired in early 2007.
Prior to that, Mr. Parker was Vice President of Anderson and Schwab, a
New York based management consultancy specializing in the mining
sector. He also worked at Costain Coal Inc. where he was President and
CEO in the early 1990s.
The Company has granted Mr. Parker stock options to purchase 1,500,000
common shares of the Company at a price of $.15 per share, expiring
five years from the date of issue. Such options are subject to the
terms and conditions of the Corporation's stock option plan, certain
vesting provisions, and the policies of the TSX Venture Exchange.
ABOUT U.S. SILVER CORPORATION
U.S. Silver, through its wholly owned subsidiaries, owns and operates
the Galena, Coeur, and Caladay silver-lead-copper mines in Shoshone
County, Idaho, with the Galena mine being the second most prolific
silver producer in U.S. history. Total silver production from U.S.
Silver's mining complex has exceeded 210 million ounces of silver
production since 1953. U.S. Silver controls a land package now
totaling approximately 18,000 acres in the heart of the Coeur d'Alene
Mining District.
The Company is currently debt free..
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are
subject to significant risks and uncertainties that are difficult to
predict. Actual results might differ materially from results suggested
in any forward-looking statements. The Company assumes no obligation
to update the forward-looking statements, or to update the reasons why
actual results could differ from those reflected in the forward
looking-statements unless and until required by securities laws
applicable to the Company. Additional information identifying risks
and uncertainties is contained in filings by the Company with the
Canadian securities regulators, which filings are available at
www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
U.S. Silver Corporation
Tom Parker
Chief Executive Officer
Office - (208) 752-0400
or visit: www.us-silver.com
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Copyright (c) 2009 US SILVER CORPORATION (USA) All rights reserved.
For more information visit our website at http://www.us-silver.com/ or
send mailto:hfairhurst@us-silver.com
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Americas Silver Corp
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PRODUCER |
CODE : USA.TO |
ISIN : CA03063L1013 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Americas Silver is a silver producing company based in Canada. Americas Silver produces silver, copper, gold and lead in USA. Its main assets in production are COEUR MINE and GALENA MINE in USA and its main exploration properties are DAYROCK MINE and CALADAY in USA. Americas Silver is listed in Canada and in Germany. Its market capitalisation is CA$ 21.1 millions as of today (US$ 15.1 millions, € 14.2 millions). Its stock quote reached its lowest recent point on February 05, 2016 at CA$ 0.06, and its highest recent level on September 08, 2017 at CA$ 6.07. Americas Silver has 39 770 000 shares outstanding. |