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Linear Metals Corporation

Published : December 11th, 2007

Announces New Appointments

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Keywords :   Copper | G Mexico | Gold | Growth | Lead | Mexico | Molybdenum | Silver | Ubs | Volatility | Zinc |
 
 

December 10, 2007 - Halifax, Nova Scotia – Linear Metals Corporation (LRM.TSX-V) is pleased to announce, subject to TSX-Venture Exchange approval, the appointments of Mr. Brian MacEachen as President and Chief Operating Officer and Mr. Keith Abriel as Vice-President and Chief Financial Officer. The appointments will be effective in January 2008.

 

Brian MacEachen has served as the Vice-President and Chief Financial Officer of Linear Gold Corp. and Linear Metals Corporation since January 2004 and June 2006, respectively.  Brian is an experienced mining executive with over 18 years of industry experience including senior positions with Franco-Nevada Mining Corporation and Aur Resources Inc. Brian worked with a team that successfully advanced exploration stage projects through to commercial production with involvement in directing the feasibility, engineering, project financing and construction related to the advancement of projects in both North America, and South America.

 

Keith Abriel is a Chartered Accountant and a CFA charterholder who brings to Linear over 12 years experience in financial management and reporting, corporate finance, treasury, strategic planning and human resources in a broad range of sectors, including the resource sector.  Mr. Abriel joins Linear from PricewaterhouseCoopers LLP and has also worked with J.D. Irving, Limited and UBS AG. Mr Abriel has also been appointed as Vice-President and Chief Financial Officer of Linear Gold Corp.

“Brian MacEachen is an experienced industry executive who has been instrumental in the growth and development of Linear Gold and Linear Metals since 2004,” commented Wade Dawe, Linear Metals’ Chief Executive Officer. “His experience and expertise in developing and advancing projects will be beneficial and relevant as Linear Metals advances the Cobre Grande Copper-Molybdenum-Silver-Zinc Discovery and the KM61 Molybdenum-Copper Discovery. Brian’s corporate development experience will be invaluable in executing Linear Metals’ aggressive growth strategy and pursuit of new opportunities. Keith is also a welcome addition to Linear’s executive team and will ensure that Linear’s financial reporting and management continue to be well managed.”

Brian MacEachen stated “I am extremely proud of Linear Metals’ accomplishments since being spun-out from Linear Gold less than 18 months ago and I am very excited about the opportunity to lead Linear Metals through our next stage of accelerated growth. With two drill rigs operating at each of the Cobre Grande Copper-Molybdenum-Silver-Zinc Discovery in Mexico and the KM-61 Molybdenum-Copper Discovery in Ontario, a world class exploration team and an attractive capital structure, 2008 is sure to be a year of significant achievement for Linear Metals.”

 

For further details on Linear Metals, please visit the Company's website at www.linearmetals.com or contact Investor Relations at (416) 216- 4708 or within North America at 1-866-376-7683.

 

Signed “Wade K. Dawe

Wade K. Dawe, Chief Executive Officer

 

 

This news release contains “forward-looking statements”. Such forward-looking statements, especially those that address resource quantities, grades, and contained metals, are generally made on the basis of estimation and extrapolation from a limited number of drill holes and metallurgical studies. Where the company expresses or implies an expectation as to future events or results, such expectation or belief is expressed in good faith and is believed to have a reasonable basis for the statement. However, forward-looking statements are subject to risks and uncertainties which could cause actual results to differ significantly from future results expressed or implied.   These risks include, but are not limited to, metal price volatility, political and operational risks in the countries where we operate, and a degree of uncertainty in connection with evaluating a deposit until the deposit has been extensively drilled on closely spaced centres. 

 

 The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

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Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Linear Metals Corporation

EXPLORATION STAGE
CODE : LRM.TO
ISIN : CA8613081048
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Linear Metals is a silver and gold exploration company based in Canada.

Linear Metals holds various exploration projects in Canada and in Mexico.

Its main exploration properties are LA MORENA and COBRE GRANDE in Mexico and SEYMOUR LAKE and KM61 in Canada.

Linear Metals is listed in Canada and in United States of America. Its market capitalisation is CA$ 3.2 millions as of today (US$ 3.1 millions, € 2.4 millions).

Its stock quote reached its highest recent level on January 18, 2008 at CA$ 1.14, and its lowest recent point on May 22, 2013 at CA$ 0.04.

Linear Metals has 80 331 000 shares outstanding.

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Financings of Linear Metals Corporation
2/11/2011Announces $1,000,000 Private Placement
8/4/2009Announces Completion of Private Placement
7/22/2009Announces $900,000 Private Placement
Option Grants of Linear Metals Corporation
8/9/2011Retains Alliance Advisors as US Investor Relations Consultan...
Nominations of Linear Metals Corporation
3/26/2008Appoints Dr. James W. Gill as Director
12/11/2007Announces New Appointments
Project news of Linear Metals Corporation
5/10/2011Provides An Update On Its Nyanza Project Exploration Program...
3/31/2011(Seymour Lake)Agrees to Option Agreement on Seymour Lake Project
2/9/2011Signs Option Agreement To Acquire Large Gold And Base Metal ...
1/7/2010Additional High Grade Drill Results
10/7/2009(Seymour Lake)Provides An Update on the Seymouth Lake Lithium Project
9/10/2009(Seymour Lake)Reports Additional Beryllium And Tantalum Results Compiled F...
7/24/2009(Cobre Grande)Provides Update onCobre Grande Purchase Option
12/9/2008(Km61)Reports 43-101 Mineral Resources at KM61 Project
11/24/2008(Km61)Reports Positive Metallurgical Results and Significant Deep ...
9/24/2008(Km61)Deep Holes at Linear Metals KM61 Project Show Molybdenum Min...
9/3/2008(Km61)Encounters Strong Molybdenum Mineralization in Offsets to Hi...
8/20/2008(Cobre Grande)Extends Copper-Molybdenum Mineralization in El Oso Zone at C...
7/23/2008(Km61)Intersects Longest Molybdenum-Copper-Silver Intervals to Dat...
7/2/2008(Km61)Continues to Intersect Long Intervals of Molybdenum-Copper-S...
6/18/2008(Cobre Grande)Intersects High Grade Copper-Silver in Northwest Skarn at Co...
5/15/2008(Km61)Intersects High-Grade Molybdenum in the Main Zone at KM61 Pr...
5/13/2008(Cobre Grande)Announces New Discovery at Cobre Grande Copper-Molybdenum Si...
5/9/2008(Km61)Connects Mineralization Across the Main Zone and Makes a New...
3/5/2008(Km61)Reports Additional Molybdenum-Copper-Silver Mineralization a...
2/12/2008(Km61)Continues to Intersect Wide Intervals of Molybdenum-Copper-S...
2/1/2008(Cobre Grande)Extends Mineralization by 200 Metres and Intersects New Zinc...
10/4/2007Drilling Intersects Significant Mo-Cu-Ag Mineralization
Corporate news of Linear Metals Corporation
4/24/2012Announcement
1/9/2012Reports Gold Mineralization in Kamwango Core Samples-Assays ...
11/28/2011Kenyan Partners of Linear Metals and African Queen Mines Set...
8/22/2011Increases Nyanza Gold and Base Metal Property Portfolio by 6...
7/6/2011Commences Drilling on Its Nyanza Project in Kenya
9/3/2009Additional Results Announced From Linear
8/25/2009Reactivates Seymour Lake Lithium/Tantalum/Beryllium Project
2/9/2008To Begin Trading on the Toronto Stock Exchange And Commences...
1/11/2008Plans Aggressive 2008 Work Programs
12/18/2007ACQUISITION OF SHARES OF LINEAR METALS CORPORATION
11/9/2007Mineralization Extended Over One Kilometre at LinearMetals?C...
8/16/2007Sampling of Historic Core at Linear Metals' KM61 Project Inc...
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