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Re: News Release - Friday, March 11, 2011
Minaurum Appoints Lawrence Talbot to the Board of Directors, Cale
Moodie as CFO
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Minaurum Gold Inc. ("Minaurum") is pleased to announce that it has
appointed Lawrence Talbot to the Board of Directors and Cale Moodie to
the position of Chief Financial Officer.
Lawrence W. Talbot is a mining lawyer with over 24 years experience
representing a wide range of clients in the mining industry, from
junior and mid-size explorers and producers through to major mining
companies. He has extensive experience acting for public natural
resource companies and providing advice on all aspects of their
businesses, including corporate finance, securities and regulatory
matters, corporate governance and shareholder issues, and all aspects
of corporate acquisitions, takeovers, divestitures and reorganizations.
He is a director and/or officer of a number of public natural resource
companies, including Cardero Resource Corp., International Tower Hill
Mines Ltd., Wealth Minerals Ltd., Balmoral Resources Ltd. and Remstar
Resources Ltd.
Cale Moodie previously served as the Chief Financial Officer of
Underworld Resources Inc. prior to its acquisition by Kinross in 2010.
He currently serves as Chief Financial Officer to Full Metal Minerals
Ltd, Brixton Metals Corp. and Entourage Metals Ltd. Prior to
Underworld Resources Inc., Mr. Moodie acted as Chief Financial Officer
and was a Director for Sierra Geothermal Corp., which was subsequently
acquired by Ram Power in 2010. Mr. Moodie worked in public practice
accounting at KPMG LLP's Vancouver Industrial Markets Group for a
number of years where he focused on audits of public mining and
resource based companies. Mr. Moodie is a Chartered Accountant in good
standing with the Canadian Institute of Chartered Accountants and the
Institute of Chartered Accountants of British Columbia.
As part of these appointments, Minaurum has granted 250,000 incentive
stock options under its stock option plan to directors and officers.
The options are exercisable on or before March 11, 2016, at a price of
$0.78 cents per share.
Minaurum also announces the resignation of Darryl Cardey as Chief
Financial Officer. The Board wishes to thank Darryl for his
contributions to the Company.
Minaurum is a gold and silver explorer focusing on gold-dominant metals
deposits in Mexico. The Company is currently advancing a portfolio of
projects including the Aurena gold-skarn project.
ON BEHALF OF THE BOARD
"Darrell A. Rader"
Darrell A. Rader
President and CEO
1500 - 409 Granville St.
Vancouver, BC V6C 1T2
Telephone 778 330-0994
info@minaurum.com
www.minaurum.com
Neither 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 press
release, which has been prepared by management.
Forward Looking Statement: Some of the statements contained in this
press release are forward-looking statements. Forward-looking
statements are not historical facts and are subject to a number of
risks and uncertainties beyond the Company's control, including, but
not exclusively, statements regarding potential mineralization,
exploration results, completion of work program and studies, and future
plans and objectives of the Company. Resource exploration, development
and operations are highly speculative, characterized by a number of
significant risks, which even a combination of careful evaluation,
experience and knowledge may not eliminate, including, among other
things, unprofitable efforts resulting not only from the failure to
discover mineral resources but from finding mineral deposits which,
though present, are insufficient in quantity and quality to return a
profit from production.
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Copyright (c) 2011 MINAURUM GOLD (All) All rights reserved. For more
information visit our website at http://www.minaurum.com/ or send
mailto:info@minaurum.com
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Minaurum Gold
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EXPLORATION STAGE |
CODE : MGG.V |
ISIN : CA60252Q1019 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Minaurum Gold is a gold and silver exploration company based in Canada. Its main exploration properties are ADELITA, AURENA, VUELCOS DEL DISTINO and SANTA MARTA in Mexico. Minaurum Gold is listed in Canada. Its market capitalisation is CA$ 43.9 millions as of today (US$ 31.5 millions, € 29.7 millions). Its stock quote reached its highest recent level on March 12, 2010 at CA$ 0.95, and its lowest recent point on December 27, 2013 at CA$ 0.03. Minaurum Gold has 237 482 662 shares outstanding. |